Social and affordable housing

Social and affordable housing is an important part of our communities, as it provides safe and secure homes for many Queenslanders. The pandemic has had wide-ranging impacts on the way we live and work, impacting housing demand, supply and affordability. Demand for housing rapidly increased due to a range of influences, including population growth, record-low interest rates, fiscal stimulus and shifts in preferences, driving higher property and private rental prices.

The 10 social and affordable housing infrastructure priority actions are progressing, with achievements including:

• release of ShapingSEQ, the Queensland Government’s plan to shape South East Queensland’s future growth, enhancing the region’s communities now and into the future and helping plan for 900,000 new homes and almost 1 million jobs
• $350 million fund to incentivise infill development to support the delivery of new housing in locations close to public transports, amenities and jobs
• delivering the $61.3 million Our Place Action Plan, accelerating First Nations housing outcomes over the next four years, co-designed with Aboriginal and Torres Strait Islander Housing Queensland
• delivering the Build-to-Rent scheme, which offers 50% discount on land tax, exemption of the 2% foreign investors land tax surcharge and full exemption from the Additional Foreign Acquirer Duty for the future transfer
• approval of three Brisbane-based affordable housing projects as part of the Build-to-Rent Pilot Project, which will offer approximately 1200 rental apartments, including up to 490 dwellings to be provided at a discounted rent rate.