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Brisbane area has plenty of room to expand yet

April 16, 2008News

Brisbane area has plenty of room to expand for the future – the Queensland Government’s Broadhectare study has identified all suitable land parcels for residential development in the Brisbane City Council area greater than 2,500 square metres, plus any vacant lots to accommodate around 50,000 new houses and unit complexes. The study doesn’t include smaller land holdings already built on which could potentially be subdivided.

The Deputy Premier and Minister for Infrastructure and Planning – Paul Lucas – said there is sufficient land here and in surrounding areas to cope with population growth for years to come. This is welcome news for developers and the real estate market as well as the projected 100,000 new residents which should take the city’s population to more than 1.1 million by 2016.

Visit www.infrastructure.qld.gov.au/pifu for more information on the Brisbane City Broadhectare Study Edition 6, 2008.

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