Holiday haven with diverse opportunities
CALOUNDRA has traditional beachside appeal that stretches back 100 years, from a time when it was first subdivided as a town out of what was grazing land.
The first European settlers made their way to the shores of Caloundra in late 1862 when John Ballinger used the land for raising sheep. However the most renowned 19th century settler was William Landsborough, who purchased 960.3ha, which is now known as Golden Beach and Pumicestone Passage.
In 1875 Brisbane seed and produce merchant Robert Bulcock purchased about 112ha overlooking the entrance to Pumicestone and called it Bribie Run.
In 1916, some years after the death of his father, Robert Bulcock Jnr built his home in Queen St, on the corner of Maltman St near where the Queen St water reservoir is situated, and a year later created the first subdivision along the waterfront of Dingle Ave.
Bulcock Jnr’s subdivisions signalled the start of housing development and growth.
With the foreshore lined with huge Norfolk Island pines, it is clear why Caloundra is named after the Aboriginal word callanda, meaning “a beautiful place”.
Bulcock St is the main precinct in the central business district and links to Stockland regional shopping centre along Bowman Rd.
Meanwhile Ithaca’s Royal Life Savers keep a watchful eye while patrolling Bulcock Beach and Happy Valley.
A major drawcard is the eastern beaches – Kings Beach, Shelly Beach, Moffat Beach and Dicky Beach. Yet there are also the expanding residential communities of Bells Reach and Aura to the west.
Caloundra offers a diverse property market for owner-occupiers, investors and developers, giving opportunity to purchase at almost any price level.
The median sales price at September was $535,000, down from the $550,000 at the start of last year yet up considerably on the $387,500 in 2013. Prices lifted markedly from March 2016 and have remained in the mid-$500,000s since.
Unit median sale prices have lifted from $367,735 in October 2016 to $410,000 in September last year.
Prime positions are performing well, as are residential units, especially those near the beach under $600,000. The Sunshine Coast Industrial Park at Caloundra South is attracting some big businesses and Aura will have its own business park.
The new Sunshine Coast University Hospital at Birtinya is continuing to have a positive impact on Caloundra, especially in regard to employment opportunities. Yet building continues to underpin the economy.
As far as lifestyle is concerned, Caloundra has everything people could want.
Caloundra Music Festival is held annually and brings crowds from near and far.
Every Sunday until 2pm, Bulcock St transforms into an array of vibrant colours and a lively atmosphere. The Caloundra Street Fair showcases more than 200 stalls, ensuring a variety of products and services for the thousands who flock in the hope of picking up a bargain while being entertained by performances and street theatre.
The Friday Twilight Markets along the Esplanade at Bulcock Beach see more than 100 market stalls offering food, gourmet sweets, fashion and jewellery.
The Caloundra RSL has been a crowd favourite since the doors opened in 1963, providing a mix of food, events, live bands and entertainment. The Events Centre Caloundra is also known for its selection of concerts, music, dance and plays on offer.
Clean, uncrowded beaches, walks around the headland, ice-creams on the boardwalk and sporting venues that cater for all – it’s all here and waiting for you at Caloundra.