Queensland Leads Home-Building Record Surge

JOINT STATEMENT
  • New quarterly data reveals record 52,500 homes under construction in Queensland, the fourth consecutive record for the State's housing pipeline.
  • The number of homes under construction has grown by more than 35% in two years – the biggest change in any state by far.
  • Work is underway to unlock 20,000 homes in Logan as the Crisafulli Government continues to pull every lever to deliver a place to call home for more Queenslanders after Labor's decade of decline created the housing crisis.

Queensland is leading the nation as home build records continue to be broken, with new Australian Bureau of Statistics (ABS) revealing more than 52,500 homes are under construction in the state.

The Australian Bureau of Statistics, for the quarter to June, is the fourth consecutive record quarter for Queensland's housing pipeline as the Crisafulli Government continues to repair Labor's Housing Crisis by delivering more Queenslanders a place to call home.

The number of homes under construction has now skyrocketed by 35.6 per cent in just two years – the highest change in any state by far – after stalling for years during Labor's decade of decline.

Construction is turning into house keys for Queenslanders too, with completions up by 4.2 per cent over the past two years, after falling by 15 per cent under the former Labor Government.

The data demonstrates the Crisafulli Government's plan to deliver a place to call home for more Queenslanders is taking effect and addressing Labor's Housing Crisis.

The results reflect the Crisafulli Government's plan to lift productivity across the construction sector after Labor's decade of decline, including abolishing Labor's Best Practice Industry Conditions – the CFMEU Tax – and ensuring building sites are free of violence, misogyny and intimidation. 

While Federal Budget pressures following this year's budget has impacted the housing and construction sector across the country, which will be witnessed in future quarters, these figures are proof that by unlocking land supply, streamlining assessments and approvals, and removing red tape the state has been able to get the industry moving and establish a platform to act as a buttress for the impending slowdown.

The Residential Activation Fund is one of the key ways the Crisafulli Government is playing its part to build Queensland's future and unlock housing supply, by investing in enabling infrastructure that brings forward new residential development across the State.

The Premier and Deputy Premier today turned the sod at Logan, where 20,000 homes have been unlocked thanks to a $136 million investment through the Residential Activation Fund to support the Chambers Flat Wastewater Treatment Plant.

The new plant will provide the wastewater capacity needed to support future homes between Park Ridge and Yarrabilba.

The award winning Residential Activation Fund has already unlocked more than 166,000 homes across Queensland, delivering vital trunk infrastructure so builders can get building faster.

In contrast, Labor's decade of decline saw housing lot approvals slump by 29 per cent, leading to record-low rental vacancy rates, a skyrocketing social housing waitlist and the lowest home ownership rate in the country.  

The Residential Activation Fund is just one of the Crisafulli Government's range of initiatives delivering a place to call home for more Queenslanders, including:  

  • More than $2 billion in joint Federal and State funding to unlock 51,000 homes, including 20,000 for first home buyers. 
  • Releasing underutilised State land for housing under the landmark Land Activation Program. 
  • Relief for first homeowners with $30,000 First Home Owner Grants continuing and locked into the Budget. 
  • Supporting first home buyers by removing stamp duty on new builds. 
  • Introducing a nation-leading Boost to Buy shared equity scheme to help reduce the deposit gap, with half of the up to 2,000 places reserved for regional Queenslanders. 
  • Increasing rental availability by lifting subletting restrictions for homebuyers receiving grants and concessions. 
  • Delivering 1 million homes, including a record pipeline of 53,500 social and community homes by 2044.  

Premier David Crisafulli said the Government was delivering on its promise to ease Labor's Housing Crisis.

"Every Queenslander deserves a place to call home, and for the fourth quarter in a row, Queensland has more homes under construction than at any point in the State's history," Premier Crisafulli said.

"I want Queenslanders to know that if they dream of owning their own home, we are doing everything we can to make that reality.

"We are unlocking the door to home ownership across the State, but there's more to do, and we will continue to pull every lever available to deliver more housing supply."

Deputy Premier and Minister for State Development, Infrastructure and Planning Jarrod Bleijie said the Crisafulli Government was getting on with the job of calmly and methodically working to ease Labor's Housing Crisis.

"The trend is clear, the difference is stark. Queensland is leading the nation in delivering a place to call home after a decade where the dream of home ownership had become a nightmare," Deputy Premier Bleijie said.

"Thousands more families now have an opportunity to have a place to call their own, and more of them are already walking through their new front doors as construction is turning into completion.

"These are early signs that our Government's record-breaking housing supply initiatives including the Residential Activation Fund and Land Activation Program are beginning to take effect, but there's still much more to do to help ease Labor's Housing Crisis.

"Availability equals affordability and by ensuring supply is unlocked, while also delivering a record number of social and affordable homes and support for first homebuyers, we're delivering a place to call home for more Queenslanders, and the fresh start we promised them." 

Logan Mayor Jon Raven said the start of major construction at Chambers Flat marked a significant milestone for Logan, with the project set to unlock 20,000 new homes in the years ahead.

"This is the type of infrastructure that makes new homes possible," Mayor Raven said.

"People need roads, parks and water, but they also need the basics. They need to be able to cook a meal, have a shower and flush the toilet.

"Without the right wastewater infrastructure in place, modern housing developments simply can't happen."

/Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).View in full here.