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HIA today released the 2024 edition of the HIA Population and Residential Building Hotspots Report.
An area qualifies as a Hotspot on the National and the Queensland list if at least $200 million worth of residential building work was approved during the 2022/23 financial year, and its population is growing faster than the national growth rate of 2.4 per cent.
“With the level of population growth being experienced in Queensland and the significant demand for housing it is no surprise there were a total of twelve areas in Queensland that qualified as Hotspots,” said HIA Queensland Executive Director, Michael Roberts.
“Chambers Flat - Logan Reserve was the number one Hotspot in Queensland, followed by Ripley and Caloundra West - Baringa,” added Mr Roberts.
“Chambers Flat - Logan Reserve recorded population growth of 18.4 per cent in 2022/23 as well as $264.6 million in residential building approvals.
“Ripley recorded population growth of 12.6 per cent and $335.1 million in approvals.
“Caloundra West - Baringa’s population grew by 9.8 per cent and also recorded $280.3 million in approvals, although we’ve seen in the past few days that a significant proportion of this approved home building work, some 3,500 homes in one approved project, will not proceed to construction in the short term.
“Supporting Queensland’s growing population will require more home building, which will require ample land supply. This report highlights the importance of continuing to ensure a constant supply of shovel ready land to meet demand.
“If we are to see the number of homes that we need built, Queensland needs to see policy changes that ensure all sectors of the home building industry are firing on all cylinders.
“While the medium and high density sectors struggle to get commercially viable projects out of the ground, this report confirms the demand amongst buyers in South East Queensland for detached homes in suburban locations continues to be high, and there is no indication this is likely to change in the future,” Mr Roberts said.
For further information or for copies of the publication (media only) please contact: Kirsten Lewis on k.lewis@hia.com.au
“The RBA decision to keep interest rates in restrictive territory today will not stop the improvement in leading indicators of future home building,” stated HIA Senior Economist Tom Devitt.
In mid-June 2025, the NSW Premier released the Housing and Productivity Contribution (HPC) Works-in-Kind Guideline for public consultation.
Today the State Government announced proposed changes to the regulatory powers to investigate registered builders who may be unable to meet the financial requirements of registration. The announcement also included a long-awaited review of the Home Building Contracts Act 1991 (HBCA) and associated laws.
Housing Industry Association welcomes today’s announcement by the Cook Labor Government to review key aspects of the home building contracts legislation and provide the building regulator with additional powers to work with builders in distress.