Demand for land in SEQ met by 50,000 lots
Almost 50,000 residential lots have been unlocked in South East Queensland to cater for the region’s population surge. The lots have been made possible by the department’s Growth Areas Team and more than $92 million of targeted funding.
A recent spike in interstate migration has put pressure on land supply across Queensland. The Growth Areas Team was established to help accelerate development and address land supply challenges to cater for this booming population growth.
To achieve this, the Growth Areas Team has been working with local governments, industry and the utilities sector. The team has already worked with Moreton Bay Regional Council and Redland City Council to unlock approximately 8,000 lots across Caboolture West and Southern Redland Bay.
Funding is also playing a major part in our efforts to unlock land supply. The Building Acceleration Fund, part of our flagship Queensland Jobs Fund, and other agreements form part of our targeted investment in catalytic infrastructure. This includes key road and water projects in booming communities such as Greater Flagstone and Ripley Valley and priority growth areas like Southern Redland Bay and Caboolture West.
With Greater Flagstone and Ripley Valley both expected to be home to around 120,000 people, it’s important the right infrastructure is in place to support that growth. That’s why Greater Flagstone will see around 27,000 lots unlocked with the help of $31 million from the Catalyst Infrastructure Fund for critical road infrastructure.
It’s not just the south-east corner experiencing growth; regional Queensland is also attracting new residents. This growth is being supported with around 60% of this year’s $14.7 billion infrastructure allocation to be spent outside Greater Brisbane.
It’s one of the largest capital programs in recent years and will directly support around 46,500 jobs, including close to 30,000 jobs in the regions.
Residential lots unlocked across SEQ since November 2020 include:
- Caloundra South – 3,091 lots unlocked
- Caboolture West – 3,000 lots unlocked and $10.5 million from Building Acceleration Fund for water supply and sewage infrastructure
- Southern Redland Bay – 5,000 lots unlocked and $15 million from Building Acceleration Fund for a new wastewater management plant
- Ripley Valley – 5,600 lots unlocked and $5.91 million from Catalyst Infrastructure Fund for critical road infrastructure
- Bahr’s Scrub – 1,700 lots unlocked and $15 million from Building Acceleration Fund to improve access and transport efficiency
- Greater Flagstone – 27,000 lots unlocked and $31 million from Catalyst Infrastructure Fund for critical road infrastructure
- Yarrabilba – 2,000 lots unlocked and $15 million from Building Acceleration Fund for infrastructure for primary school site and roads
Find out more about the Growth Area Teams.
Last updated: 25 Nov 2021