Situated along the eastern coast of Australia and around 80 km south of Brisbane lies the Gold Coast. A relatively young city, and the sixth largest down under, the Gold Coast is expanding at a rapid rate. As a result, that gives rise to a variety of economic opportunities.
Once upon a time, the Gold Coast could only realistically rely on the tourism industry to boost its economy. Today, there is a diversification of niches and industries. So, what exactly has the Gold Coast got going for it, and why should people consider it a strong contender for economic prosperity?
Tourism
While the tourism industry has long been the city’s financial bread and butter, there’s no sign that the sector will start to wane. Thousands flock to the area each year, both from other parts of Australia and abroad.
Among the most popular parts of the Gold Coast include Surfers Paradise, Hinterland, and the various wildlife sanctuaries. With kilometres of stunning beaches and golden sands, it’s no wonder people are flocking to the city!
It’s also not far away from Brisbane, making it quite accessible to other cities within Australia and, indeed, international destinations.
Property
Given the rapid growth of the city’s population and infrastructure, there is a growing need for new properties to house people. Apartments are popular within the city, while houses are preferred in the suburbs. As a result, construction is an industry very much in demand there.
The Gold Coast is also proving to be an investment hotspot for those seeking to build up a property portfolio. An article over at http://www.rpmqueensland.com.au/buy-gold-coast-investment-property/ provides more in-depth information into Gold Coast property investment.
Information Technology (IT)
When it comes to continued growth in any city, there is also a strong need for IT services providers. Many businesses setting up in the Gold Coast will require technical infrastructure. Apart from being good news for IT companies, it also means there will be jobs available for those working within the industry.
Consultancy Services
Professional consultancy services are also in high demand these days within the city. The Internet has also helped spawned a wealth of digital services providers in the Gold Coast, such as web design.
Consultancy, as we know, is a broad term that covers scores of industry and niches. With continued growth in the Gold Coast, one can be sure that demand will always be high for consultants in various fields.
Education
Being able to offer jobs in numerous industries is one thing. But, what’s the deal with education in the city? The Gold Coast offers a plethora of choices in that respect. To start with, the area boasts three universities and a large technology institute.
Also, there is also an array of private colleges and training providers. And let’s not forget the selection of public and private schools available to youngsters! Take a look at https://www.studygoldcoast.org.au/study/education-institutions/ for more information on the Gold Coast’s educational options.
Final thoughts
There’s no denying that the Gold Coast is an up and coming city. Although it is Australia’s sixth city, it’s proving to be a hit with visitors, local residents, and investors alike.
