The central Queensland coast is the foundation of the state's resource boom. Just an hour in the air from Brisbane, and two hours from Sydney, the Gladstone region is at the heart of this prosperity.
A deep-water harbour and excellent transport links close to the massive coal reserves of the Bowen Basin have made the area a strategic hub of central Queensland, and arguably the states engine room, while tourists are drawn to its fine beaches and the nearby Great Barrier Reef.
The township of Calliope is located a short 15 minute drive south west of Gladstone. Originally a product of the goldrush era, Calliope goldfield was first proclaimed in 1863. The name Calliope, was derived from the Calliope River which was named by Governor Fitzroy in 1854, after HMS Calliope carried him from Sydney to Port Curtis.
Primary industry has been the mainstay of the Calliope district with beef cattle, dairying, pigs, crops, fruit and vegetables all being produced. In recent years the township of Calliope has undergone significant growth. This growth has coincided with the expansion of the Gladstone region and large scale development of local industry. This trend is expected to continue.
Calliope offers all the major services including shops, primary school, childcare, Council Chambers, Post Office, hotels, service stations, bowls and golf club, golf course, sporting and equestrian grounds and parklands.
The resource-driven boom has seen the region's population grow at a consistently above average rates which are forecast to continue until at least 2016 (Australian Bureau of Statistics). By 2031, Gladstone could be home to between 90,000 and 140,000 people. Doubling the current population will necessarily translate into strong and sustained demand doe additional housing. Forecasts estimate demand for an additional 400 new homes per annum.
Already there are signs that the regions property market is on the rise. Rental vacancy rates are dipping as the market absorbs stock, and median rents are rising strongly. Those who act early will be best placed to take advantage of a recent lull in house price increases and make the most of additional room for capital growth and high yields.
- Gladstone Region Project Development Review. March 2010. Australia Bureau of Statistics
- "Rental yields 'solid' for Gladstone" The Gladstone Observer, October 15, 2009
- "Rental supply eases" The Gladstone Observer, October 8, 2009
- "Gladstone housing rental report. Nov 2008" National Property Research
- "Population and housing fact sheet: Gladstone. Regional Council August 2009" Queensland