More than 2,400 lots for new homes have been approved in South East Queensland, unlocking greater housing supply for Queenslanders.
In the Greater Flagstone Priority Development Area (PDA), 1,631 housing lots have been approved to accommodate 4,500 residents, in addition to essential infrastructure including a future State primary school, retail precincts and green spaces.
The green light has also been given to 782 new homes in Brisbane’s inner suburbs of Indooroopilly and Milton.
Deputy Premier and Minister for State Development, Infrastructure and Planning, Jarrod Bleijie, said that the developments would provide more new homes in both established urban areas and emerging growth corridors.
“Construction in Flagstone – one of South East Queensland’s fastest-growing regions – has already commenced,” Bleijie said.
“In Brisbane’s inner-city suburbs, we’re delivering affordable housing under build-to-rent models, reflecting our focus on delivering a mix of new housing options.
“Our plan to deliver a place to call home for more Queenslanders is designed to meet the varied needs of Queensland’s growing population, from first-home buyers to families and those wanting to downsize.”
Peet’s Development Director for Flagstone, Troy Thompson, said the milestone was an important step in realising the vision for this vibrant new community.
“Flagstone is already home to 10,000 residents, growing by 40 new families every month,” Thompson said.
“This approval enables us to expand the range of housing and amenities available to future residents and ensure the ongoing development of 500 new homes in Flagstone each year.
“We’re proud to build another new precinct that is committed to creating a thriving community where people want to live – for the Greater Flagstone PDA, this includes incorporating 330 hectares of green open space.”
