“SEQ. The next growth area in Australia.”
South East Queensland (SEQ) is Australia’s third-largest capital city region by population and home to around 3.5 million people.
Covering 22,900 km², SEQ’s 12 local government areas provide various lifestyle options, diverse economies and healthy natural environments. Collectively, they form one of Australia’s most desirable and fastest-growing regions.
Over the next 25 years, SEQ is expected to grow by about $1.9m people; from about 3.5 million in 2016 to 5.3 million people in 2041. This population growth will require almost 800,000 new dwellings and around 950,000 new jobs.
The table above shows that it is estimated that of the 800,000 new dwellings; 60% (or c.480,000) will be infill developments and 40% (or c.320,000) will be greenfield developments over the next 25 years. On an annualised basis this equates to 19,000 infill development and 13,000 greenfield development.
With greenfield development the areas to accommodate the largest proportion of growth is Greater Flagstone, Yarrabilba, Park Ridge and Caboolture West, and Coomera, while Southern Redland Bay will provide residential supply within the Redlands – refer to map below.
