An influx of day care centres across Toowoomba in the last 12 months has seen a number of new operators invest in the region along with long standing local property investors branching into the sector.
“The child care market is a growing industry across Australia and in family-focused cities like Toowoomba, we are bound to continue requiring new additions to the city to keep up with demand” Toowoomba developer and investor Barry Bernoth said.
Originally based in Chinchilla, Charley’s Place day care centres have since grown into the Toowoomba region opening and expanding with two centres in the last 12 months alone.
Plans are also in place to open further Charley’s Place centres across the region in 2019 and 2020.
“When we established Charley’s Place on the banks of Charley’s Creek in Chinchilla over ten years ago, we never thought we would have two state of the art centres now in operation in Toowoomba, along with plans for a further two to open in the coming years”
“Our Redwood centre has been ideally positioned for residents of East Toowoomba, Rangeville, Mount Lofty and Withcott. While our Margaret street centre provides another option to the growing number of CBD workers and residents” Charley’s Place co-owner Pete Hewett said.
“This particular site in Redwood we knew would readily service families in Toowoomba but also at the base of the range who commute to the CBD daily” Mr Bernoth added.
Increased government assistance has boosted industry revenue across the childcare sector, while population growth expectancy has driven an influx of new centres along with residential development trends.
New families formed the largest buyer market of home purchasers across the Darling Downs in 2018.
Growing suburbs of Toowoomba such as Kearneys Spring, Glenvale and Torrington would be likely to see new centres launching into the marketplace as population numbers continue to rise.
“Over 40% of our residential transactions in 2018 were to young families or couples looking to start a family” Jeremy Lewis of LJ Hooker Toowoomba added.
“Commercially speaking, investors are looking for a number of requirements when investing in the child care sector – including population growth trends, site size, access as well as proximity to further centres” Mike Stewart of LJ Hooker Toowoomba said.
Recent relaxation in government regulations to allow child care centres to register as Kindergarten providers has bolstered the appeal of long day care centres who now compete directly with the Preschool education industry.
“All inclusive options for parents is so important in our industry, we have a completely universal model across all of our centres to ensure we provide the best facilities, convenience and great value for money – including our curriculum based Kindy program” Charley’s Place co-owner Jason Hewett added.
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