Land supply and growth challenges in South East Queensland
South East Queensland’s regional plan – ShapingSEQ – places the region globally as a place where people want to live, learn, work, invest and visit. An extra 1.5 million people are expected to call SEQ home by 2041.
ShapingSEQ maps out how the state will sustainably and responsibly accommodate a growing population.
Population and employment growth in SEQ will be accommodated in existing urban and new growth areas. It will be delivered in well-designed communities that provide a diversity of housing choices, focused in and around centres, employment areas and along reliable high-frequency public transport corridors that connect them.
ShapingSEQ identifies anticipated growth and allocates dwelling supply benchmarks for SEQ and each of the 12 local governments in the region.
The benchmarks were set on the basis of new growth being accommodated in both consolidation areas (60 per cent - largely infill and redevelopment) and expansion areas (40 per cent - largely greenfield development).
The Growth Monitoring Program is a key implementation of ShapingSEQ which includes the annual Land Supply Development Monitoring Reports (LSDM). These reports compile a wide range of data in one easy-to use location to annually monitor land supply and development activity across the SEQ region. They inform decisions on the infrastructure, housing and jobs we need now, and in the years ahead.
The program has been monitoring the region since 2018 and continues to build and refine the input data and establish best practice research to improve the breadth and quality of the information it provides.
The Commonwealth Government’s HomeBuilder stimulus program, combined with low interest rates and strong net interstate migration, have created an unprecedented demand for housing in SEQ.
Overseas migration, which was the major component of growth in the state, has diminished as a result of the COVID-19 pandemic and is expected to remain low until at least the end of 2022. Interstate migration of new residents from the southern states however continues, reflecting Queensland’s success in responding to the local impacts of the COVID-19 pandemic.
The Brisbane Greater Capital City Area recorded the strongest capital city growth nationally in the March 2021 quarter (3300 people), following strong growth in the December quarter 2020 (4800) and September 2020 quarter (3000 people).
These factors are fuelling unprecedented demand, placing pressure on land supply, funding for new infrastructure and the capacity of the development industry to meet current demand across SEQ.
In response to these growth challenges, the Queensland government has established the Growth Areas Team.
Growth and infrastructure funds
Strong population growth continues to drive demand for more diverse and affordable housing options across South East Queensland this is creating pressure for new land to be bought to the market in a timely way.
Two funds, the Growth Acceleration Fund and Catalyst Infrastructure Fund, are being introduced to accelerate the delivery of infrastructure to help unlock new land for housing in areas experiencing growth pressures.
More information about the eligibility criteria, timing, and administration of these initiatives will be available soon on this website.
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Last updated: 20 Jun 2022