^Source: Queensland Government
“Our strong health response to the Covid-19 pandemic has created a spike in interstate migration which has put pressure on land supply across the state,” Miles said.
“Greater Flagstone and Ripley Valley are both expected to be home to around 120,000 people so it’s important we have the right infrastructure in place to support that growth. ”
The Growth Areas Team announced a pilot site for land supply in March, identifying Caboolture West as Queensland’s newest suburb.
The 2032 Olympics and Paralympic Games in Brisbane is expected to further stimulate population growth and property demand.
Pacific International Development Corporation director Stephen Harrison said they were working on the Flinders Lakes development at Greater Flagstone.
“It will also result in the acceleration of significant investment by the private sector to complement the road construction works,” Harrison 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.”
The development includes 21,450 homes in the foothills of Flinders Peak along with schools, colleges and university campuses.