About 32,000 residential lots in Greater Flagstone and nearby Ripley are set to be unlocked after the state government last week announced $37 million would be spent on new road projects.
The roads are being built specifically to open the western corridor.
Of the money, $31 million will deliver two key road projects, Teviot Road and New Beith Road. These alone will unlock 27,000 lots.
Logan’s population is tipped to increase to more than 500,000 in the next 20 years, but the announcement of Brisbane as the 2032 Olympic city has already raised hope that money will be fast-tracked to the region.
That, coupled with high migration levels from southern states, has led to high demand for housing.
Spending comes off the back of an announcement earlier this year to develop a “Growth Areas Team” to help accelerate development and address land supply challenges.
The state government would also spend $5.91 million to build a new road and water main in the Ripley Valley PDA. This would service 230 lots at Cedar Heights.
“Prioritising and investing in critical infrastructure is key to delivering communities that offer more affordable and diverse housing options along with the lifestyle only Queensland can offer,” deputy premier Steven Miles said.
“The new infrastructure will be key to contributing to land supply and housing affordability in one of South East Queensland’s growth corridors.”
Member for Jordan Charis Mullen said the population in the Greater Flagstone PDA alone was projected to grow to around 120,000 over the next 40 years.
“Our … $31 million investment will not only open up more lots within Greater Flagstone to support our growing population but will allow the construction of New Beith Road to be brought forward, beginning the much anticipated second access road for existing Flagstone residents,” Ms Mullen said.
“Along with an extension of Teviot Road, the $31 million will deliver two key road corridors that will comprise dual carriage ways with separated bike paths and footpaths.”
Pacific International Development Corporation development director Stephen Harrison said the unlocked land would lead to more affordable housing.
“It will also result in the acceleration of significant investment by the private sector to complement the road construction works,” he said.
“We’re keen to continue to work with the Queensland Government and Logan City Council to deliver world-class master-planned communities that will promote Queensland’s lifestyle nationally and internationally.”
PEET general manager Michael Stone said the announcement was welcome news.
“Flagstone is quickly becoming one of the most attractive areas in South East Queensland, providing young couples and families an accessible and highly affordable gateway to home ownership in a community that offers a great lifestyle near to Brisbane city and the Gold Coast,” he said.
Residential lots unlocked across SEQ since November 2020 include:
- Bahr’s Scrub – 1700 lots unlocked and $15 million from Building Acceleration Fund to improve access and transport efficiency
- Greater Flagstone – 27,000 lots unlocked and $31 million from Catalyst Infrastructure Fund for critical road infrastructure
- Yarrabilba – 2000 lots unlocked and $15 million from Building Acceleration Fund for infrastructure for primary school site and roads