land estate australia
The Queensland will increase residential land supply in Yarrabilba. Image – Canva
  • State Government to relaease a new State Infrastructre Strategy by end of 2021
  • Yarrabilba development has received $15M in accelerated funding
  • Another $15M has been allocated to the Bahrs Scrub Roadworks Project

The Queensland Government has announced it will formulate a new State Infrastructure Strategy to support the economic recovery in the state.

Deputy Premier Steven Miles said at an Infrastructure Association of Queensland (IAQ) breakfast this morning that the strategy will be released later this year.

The state-wide strategy will feature a more contemporary infrastructure agenda and according to Mr Miles, it will be accompanied by seven regional infrastructure plans.

“These will provide a clear vision for infrastructure investment and prioritisation that will drive economic recovery, boost regional productivity and resilience, and sustain jobs.”

“Queenslanders are invited to help shape this work and identify priorities for their region by completing a survey online.

“Targeted stakeholder engagement will also begin soon.”

Steven Miles, Deputy Premier

The announcement comes after a Growth Areas Delivery Team was established to facilitate partnerships between developers, local government, utility providers and the state in South East Queensland.

“Queensland’s population is booming, and we must keep up with the increased demand in infrastructure – the formation of the Growth Areas Delivery Team I announced recently, will see us do just that.

“The Team will consider challenges affecting land supply; housing choice and affordability; land fragmentation; progressing development applications and facilitating essential urban infrastructure.”

Steven Miles, Deputy Premier

The Queensland Government has fast-tracked two infrastructure projects in South East Queensland by providing $30 million from the Building Acceleration Fund.

$15 million will be used to unlock the next phase of the Yarrabilba development – which is located in Brisbane and the Gold Coast – with a co-investment of $9.8 million from Lendlease.

Mr Miles said this funding would support 100 jobs, allow for construction to begin at the new Yarrabilba Primary School and cater for the unlocking of 2,000 affordable residential lots.

The other $15 million will be allocated towards the construction of the Bahrs Scrub Roadworks Project which will improve access, safety and transport efficiency. This comes as the area is experiencing rapid growth from the Brookhaven master-planned community which is being developed by Frasers Property.

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