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Home Housing

Record investment in Qld housing

by Kody Cook
July 3, 2025
in Council, Funding, Housing, News, Project, QLD, Spotlight, Urban Development
Reading Time: 4 mins read
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Image: Jandrie Lombard/stock.adobe.com  

Image: Jandrie Lombard/stock.adobe.com  

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Seventy-five new social and affordable homes are now under construction in Yeronga, Brisbane, with hundreds more set to start.  

The new Yeronga homes will be delivered by community housing provider Brisbane Housing Company, and built to platinum, gold or silver level under the industry adopted Liveable Housing Design Guidelines.  

Construction is well underway, with tenants expected to move in by mid-2027.  

The homes are among more than 720 social and affordable homes in construction or under contract to be delivered, which include:  

  • 92 social and affordable homes in Chermside  
  • 82 social and affordable homes in Stones Corner 
  • 81 social and affordable homes in Woolloongabba  
  • 20 social homes in South Brisbane 
  • 16 social homes in Windsor  

The State Government’s 2025/26 Budget delivers $8.1 billion as part of the Securing Our Housing Foundations Plan to deliver a place to call home for more Queenslanders with one million new homes, including 53,500 social and community homes by 2044.   

As part of this commitment, a record $5.6 billion will be invested in new social and community housing over the next four years to deliver on that goal.   

For the first time, the Budget also locks in baseline funding of $500 million a year from 2029-30, creating a long-term pipeline of social and community homes for Queenslanders most in need.  

Queensland Minister for Housing, Sam O’Connor, said that social and community housing developments like the Yeronga development were critical to create stable, sustainable communities that supported economic and social inclusion.  

“The State Government’s Budget delivers $5.6 billion for social and community housing — the biggest investment Queensland has ever seen — and this Yeronga development shows what that funding will deliver,” O’Connor said.  

“It means more accessible, secure homes for people with disability, and more Queenslanders having a place they can call home.” 

BHC Chief Executive Officer, Rebecca Oelkers, said that the Yeronga project would deliver 75 high-quality homes for essential workers and lower-income households.  

“These are the aged care providers, hospitality staff, childcare educators, and cleaners who keep our communities going,” Oelkers said.  

“The 2025/26 State Budget provides the certainty we need to continue building homes like these.   

“With $500 million in ongoing annual funding, Community Housing Providers can plan for the long term, scale up delivery, and build more homes where they’re needed most.” 

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