The Property Council of Australia/Procore Sentiment Survey for the March 2026 Quarter showed Queensland industry sentiment was positive at 124 index points - a decline from results recorded in December 2025, but comfortably above the national result of 104 index points. A score of 100 points is considered neutral.
Property Council Queensland Executive Director Jess Caire said the results were encouraging, but served as a reminder that Queensland couldn't afford to waste current opportunities and momentum to bridge the gap between forward works schedules and corresponding staff levels.
"With a strong future pipeline of work and ongoing population growth, it's not hard to see why industry sentiment in Queensland remains buoyant," Ms Caire said.
"However, we cannot take these circumstances for granted. What today's latest Procore/Property Council Sentiment Survey results show is that as our pipeline grows, industry is uncertain about who will build and complete those projects.
The survey results saw Queensland claim top spot for the nation's strongest forward work schedules over the next 12 months. By contrast, industry's expectations about the staffing levels to deliver on that pipeline declined over the same period.
Ms Caire welcomed moves by the Queensland Government to address productivity pinch points since coming to office, including the acceptance of more than 80 per cent of recommendations in the Queensland Productivity Commission's Final Report into the construction sector.
"The Queensland Productivity Commission's Final Report demonstrated productivity in Queensland had stagnated for years. Ensuring Queensland can deliver more with what we've already got was an important first step in getting projects moving again," Ms Caire said.
"These survey results remind us that the productivity conversation is still live and that the second step of securing and growing a sustainable, long-term construction workforce will be essential to capitalise on Queensland's current momentum.
Other key insights in the survey revealed Queensland also led the nation for capital growth expectations across office and hotel property, reflecting the commercial office and hotel bed crunch expected in the lead up to 2032.
"While recent attention has rightly focused on shortages in housing and industrial property, continued strong demand through economic and population growth is also creating shortages in office space and hotel beds at a time when we need to be levelling up," Ms Caire said.
"All of these results highlight the ongoing need for Queensland to have the strongest investment, planning and productivity settings in place to deliver the places and premises that Queenslanders rely upon."
