Property Council Queensland Executive Director Jess Caire said the result reflects continued momentum across Queensland's economy and a growing acknowledgement of the work underway to increase supply and support investment.
"Queensland continues to be the place to be, with one of the highest confidence ratings on record," Ms Caire said.
"This uplift shows that the efforts from both government and industry to work together to bolster supply over the last 12 months is paying dividends.
"In particular, initiatives such as the $2 billion Residential Activation Fund and efforts to kickstart productivity in our construction sector are combining with momentum around opportunities like the Brisbane 2032 Olympic and Paralympic Games to ensure that the property sector is confident and positive about the direction Queensland is heading.
Ms Caire said Queensland was one of only two states to record a confidence increase this quarter and recorded the highest expectation for economic growth of any State over the next 12 months.
"Industry is responding to the Government's messaging in areas like housing supply, tax reform and investment attraction - but now we need to translate this messaging into concrete action," Ms Caire said.
"The most valuable incentive any government can provide is certainty. With industry sentiment now well above historic levels, this is the time to lock in long-term reforms that will support new housing and maintain the state's competitiveness."
"Housing supply and affordability remains the number one issue for both state and federal governments, but Queensland's record growth means the stakes are even higher here," she said.
"We look forward to continuing to work with government to unlock new opportunities, reduce delivery constraints and ensure Queensland remains the most attractive destination for investment in the country," Ms Caire said.
