Sunshine Coast University Hospital

The $2.03 billion Sunshine Coast University Hospital, Ramsey Private Hospital, Kawana Health Innovation Park, the Kawana Town Centre and medical precinct and the $61 million Skills, Academic and Research Centre (SARC) all contributing and transforming the Coast’s health hub and creating thousands of jobs. Matusik Property Insights real estate analyst Michael Matusik said this health infrastructure project was the largest of its kind in Australia and would be the sixth largest teaching hospital in the world. “The average daily spend in the Kawana area over the next five years will be $1.5 million,” Mr Matusik said. He also predicted the Kawana Health Hub would create about 10,000 permanent jobs, thereby creating a demand for between 5,00 and 6000 new dwellings with more employment generated from those constructions. “The Sunshine Coast University Hospital alone is valued at $2 billion and represents almost a quarter of the current coastal regional economy,” Mr Matusik said. “It is estimated that it will inject about $700 million into the Sunshine Coast economy every year and will be the Coast’s single largest employer.”

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