‘Perfect storm’: The land supply crisis driving up SEQ house prices

Tuesday March 09, 2021

Developers in south-east Queensland are growing increasingly vocal over what they say are looming land supply shortages in growth areas that are likely to drive house prices up further.

State Government figures say the Gold Coast has just 1.8 years supply of housing lots.

Their fears are the reason behind Deputy Premier and State Development and Planning Minister Steven Miles last week ordering his planners to identify a “pilot site” that will demonstrate how delivery of housing lots can be accelerated.

Official figures show supply is getting extremely tight…

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