ABC Southern Qld  / By Georgie Hewson and Lucy Robinson
Posted Fri 8 Oct 2021

 
The Wellcamp quarantine facility is on track to have 500 beds operational by the end of December. (Supplied: Queensland Government)

The first glimpse of what the 1,000-bed quarantine facility at Wellcamp Airport outside Toowoomba will look like has been revealed.

Key points:
•    An artist's impression and master plan reveal details of the quarantine facility being built at Wellcamp Airport near Toowoomba
•    The images show how the facility will operate and accommodate returned travellers
•    The Queensland government says it is still needed despite home quarantine trials starting next week

Two months after building works began, the Queensland government says the facility is on track to have 500 beds operational by the end of December.

Certain Queensland regional centres are benefiting from significant investment at the Federal and State level, as outlined in the Qld Budget 2021-2022.

Toowoomba - Queensland’s largest inland City, Toowoomba is Australia's second most populous inland city and is located 100km inland of Ipswich City. Its population is over 170,000.

Significant projects driving substantial new employment underway in the region include:

Boeing Assembly Facility
•    In this Region the already established defence industry is expanding further with a first Assembly Facility for Boeing outside the United States. It is estimated the project could generate up to $1 billion for the Queensland economy over the next 10 years, while creating 300 jobs.

THU 28 OCT 21

Brisbane is fast becoming a centre for premium grade commercial developments with a succession of new major development projects planned in and around the CBD.

From the $3.6-billion new waterfront casino to a new 1500-seat theatre in the city's cultural centre—as well as a number of high-profile high-rise residential projects—the city is primed for major development and growth.

Silverhall Comment – Brisbane is already bracing itself for significant capital growth in the apartment sector with a substantial fall in Supply. Combine this with 5 major people movements:

1.    Return of Overseas Migration
2.    Return of Foreign Students
3.    Record Interstate Arrivals
4.    Significant Employment Needed for the 2032 Olympics
This could be the time to consider apartments as part of your investment portfolio

Slumping numbers of new apartments under construction could force an undersupply by 2022, property advisory group Charter Keck Cramer has forecast.

The demand-supply imbalance, according to Charter Keck Cramer’s quarterly state of the market, is largely due to population growth and anaemic construction activity.

In Australia’s biggest cities prices have strongly rebounded, with Melbourne lifting by 1.2 per cent over January, along with an increase of 1.1 per cent in Sydney.

The recovery has had little effect in stirring new development as the pipeline of new apartments continues to trend down.

WED 09 JUN 21

Mixed-use vertical campuses with solid green credentials are gaining popularity in the tertiary sector as a wave of new developments strive to deliver “higher learning”.

Universities and schools, typically horizontal organisations of purpose-built structures connected by quadrangles and courtyards, are increasingly difficult to develop as cities become denser.

Unlike commercial office projects, which are predominantly based on core-and-shell developments with tenant build-outs, vertical campuses are purpose-built structures adapting to multifunctional programs and layouts for differing academic disciplines.

WED 10 NOV 21

Land for development is facing an acute shortage in south-east Queensland as government incentives, low interest rates and interstate buyers conspire to turbo-charge demand.

Pressure is growing on the Queensland government to release new land to meet the seemingly insatiable appetite for greenfield lots across the region.

Most developers have consumed their developable land during the past 18 months.

“Demand for lots has been way in excess of previous years—in some cases demand has been up to 100 per cent higher than normal. If anything, there’s a shortage of land.”

By Owen Jacques

Home-building in and around Brisbane is expected to increase as the 2032 Olympics near. (ABC News: John Gunn)

Brisbane might have won the 2032 Olympic and Paralympic games, but it could be regional Queensland's property market that comes away with the gold.

Key points:

•    Property prices across the south-east are set to outpace Greater Brisbane ahead of the 2032 Games
•    Brisbane's housing values have increased 3 per cent a year over the past 10 years and experts expect that rate to double over the next decade
•    Prices on the Gold and Sunshine coasts, along with Toowoomba, are likely to outpace Brisbane

By Gerv Tacadena | 08 Nov 2021

 
Brisbane's housing market appears to be defying the apparent slowdown in price gains in Australia.

CoreLogic data shows a "re-acceleration" in the growth of dwelling prices in Brisbane.

In fact, residential property values in the Queensland capital rose by 2.5% in October, the highest level of growth across all capital cities in the month.

CoreLogic head of research Eliza Owen said Brisbane's recent gain was the highest monthly increase across the city through the current upswing and the strongest since November 2003.

Darrell Giles October 6, 2021

Local businesses will benefit from a range of supply chain opportunities following an announcement that Boeing Australia will establish an uncrewed aircraft production facility in the Toowoomba

Boeing will construct the facility at the Wellcamp Aerospace and Defence Precinct to produce and assemble the Boeing Airpower Teaming System, also known as the Loyal Wingman.

RENEE MCKEOWN 11 OCT 21

Tradies from the southern states are flocking to Queensland in record numbers as skills shortages hit the construction industry.

The Queensland Building and Construction Commission has had its biggest jump in licensee numbers in more than five years from interstate tradies.

It approved 821 mutual recognition licences from Australian states and territories, and New Zealand in 2021, compared to 795 in 2020 and 578 in 2016.