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.