Brisbane to do the heavy lifting of new homes in SEQ

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Brisbane to do the heavy lifting of new homes in SEQ
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Brisbane will provide a quarter of the south-east’s new housing by 2046, even though the city’s population growth rate will be one of the region’s lowest.

Brisbane is expected to provide almost a quarter of the new housing needed to support population growth in south-east Queensland, according to the region’s new planning blueprint.

A total of 900,000 new dwellings will be needed in south-east Queensland to accommodate an extra 2.2 million people by 2046.Of those new dwellings, the Brisbane City Council area is expected to provide 209,000 – or 23 per cent overall – even though its population growth rate is one of the lowest in the region.

The government wants 20 per cent of the new dwellings to be made available to low-income earners. It has also stipulated that about 100,000 of the 900,000 new dwellings should be close to public transport and retail, schools and service centres. That is likely to be delivered through increased density.

However, it is being released as the building industry grapples with significant cost pressures, which have already delayed and disrupted several major projects around Brisbane. Government infrastructure projects will also add to supply-side issues.

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