Queensland recorded a population growth rate of 2.0% in the 12 months to 30 June 2022, above the national average (1.1%) and the highest of all state and territories.
Net interstate migration contributed 55,418 persons to population change in Queensland over the 12 months to 30 June 2022, an increase from the 53,984 persons recorded during the 12 months to 31 March 2022. That’s over 1000 people per week moved to QLD in the last two years. Projections are for 1600 people per week to 2046.
The SEQ Infrastructure Plan identifies an estimated $124 billion of infrastructure projects to support regional planning outcomes in South East Queensland to 2026.
SEQ population expected to grow from 3.78 million to 5.94 million over the next 23 years.
Jobs expected to increase from 344,400 today to 596,000 in the next 23 years.
Dwellings will jump from 1.5M today to 2.4M, a 900,000 increase in the next 23 years. Projections indicate this will result in more than 39,000 new dwellings each year. That’s 752 New Homes per week are needed to meet housing demand!
The QLD Government has allocated $134 Billion in infrastructure investment to support the massive population boom.
The Brisbane 2032 Olympic and Paralympic Games (Brisbane 2032) provides an opportunity for accelerated infrastructure connections across the region. Elevate 2042, the Brisbane 2032 Legacy Strategy, will help to deliver an Olympic legacy that will help address the needs of the growing Queensland population, and beyond.With this much money and this many people moving to the SEQ what do you think will happen to property prices over time? No other state or region has these numbers and that is why Panvest Property specialises in selling only the very best hand-picked, New & Off-The-Plan property in SEQ. Click the link below to organise a call or call now on 1300 311 670
