Dreamworld and WhiteWater World, two popular attraction sites on Australia’s Gold Coast, are set to undergo a huge $70m transformation, with new rides and experiences, including a triple launch rollercoaster.

Dreamland will be home to a new state-of-the-art triple launch system rollercoaster, the first coaster to boast a triple launch system in the Southern Hemisphere.

Known as the Sky Voyager, the 1.2km ride will reach speeds of 105km per hour, as riders twist and turn through multiple inversions.

The new rollercoaster is centred on the Blue Fire Launch Coaster, which is installed in 14 different locations around the world, including Europa-Park in Germany.

Dreamworld’s sister resort, WhiteWater World, will be home to a new waterslide complex, with six waterslides each boasting different colours and natural light effects.

John Osborne, CEO of Dreamworld, commented on the transformation:

“Investment into new rides, attractions and technologies to improve customer experience is key for Dreamworld’s future direction.

“Today’s announcements, along with the opening of Sky Voyager is a fantastic start to our transformation of the park.

“This $70 million total investment including Sky Voyager heralds an important time of transition for Dreamworld and provides us with an opportunity to provide our guests new experiences never seen before in Australia,” Osborne added.