Land supply monitoring program
Council is committed to establishing an ongoing, best practice program of monitoring and reporting on developable land supply in collaboration with the State Government and industry to enable regular reporting on land supply in the Moreton Bay Region.
The first of these regular reports were endorsed by Council on 8 August 2017.
Regular monitoring and review of planning strategy is necessary to maintain currency and relevance to the issues facing the Moreton Bay community. The two studies recently completed by Council effectively provide:
- a review at a point in time of the planning assumptions; and
- an evidence base for informing any changes that might subsequently need to be made to Council's planning assumptions about the type, scale, location and timing of development.
While the reports themselves are important inputs into Council policy deliberations and the monitoring of our planning scheme they do not and will not directly determine development assessment outcomes. Regular land supply monitoring is one component of the ongoing planning work that needs to be undertaken by Council to provide for housing choice, diversity and affordability, encourage investment, economic resilience and diversity, and for the supply of infrastructure in a coordinated efficient and orderly way to enable conversion of land supply into constructed lots.
The main outcomes of the initial two studies are:
Residential land supply
- Over the last 7 years the Moreton Bay Region has averaged 3,683 new dwellings and 3,415 lots per annum.
- 68% of all new dwellings have been detached houses and 32% attached dwellings.
- Residential lot construction has been spread across the region with 58% Pine Rivers District, 35% Caboolture District and 7% Redcliffe District.
- Projected dwelling requirements are for 3,533 dwellings per annum over the next 25 years.
- The region has capacity for an additional 92,500 residential lots within major greenfield areas.
- At its most conservative major residential land supply is sufficient to satisfy over 21 years of projected demand.
- A significant quantum of dispersed infill, redevelopment and under-utilised potential development sites provide a significant additional latent land supply which has not been included in the estimated years of land supply.
There are many factors that affect housing affordability. The supply of residential land is just one of these factors that local government is largely responsible for and can through its planning scheme do something about.
The Residential land supply study shows that Council has identified adequate land to meet housing needs in the foreseeable future. Other factors for Council to now consider include improving the efficiency of the development processes, reducing complexity in the planning process, and provision and funding of infrastructure. This study provides a benchmark for ongoing monitoring of land supply and a sound basis for further investigations into the priorities for provision of infrastructure to allow the areas of land supply to be turned into constructed lots.
Industry land supply
- Between 2006-07 and 2014-15 the Moreton Bay economy recorded average annual growth in GRP of 2.9%, to reach $14.8 billion in 2014-15.
- In 2014-15 the economy expanded by 3.8%.
- Population growth is a key driver of economic growth in the region.
- Employment in the region has increased from 84,412 jobs in 2006 to an estimated 113,321 in 2016 - 3.0% per annum over the last 10 years.
- Future employment is projected to increase by 68,000 jobs or 1.9% per annum over next 25 years.
- Industry precincts are expected to increase their share of jobs from 18.4% in 2016 to 20.8% in 2041.
- The mix of activities in industry precincts is expected to change over time with lower demand for traditional industries and increased demand for non-traditional uses including commercial uses.
- Land demand in industrial precincts is projected to increase from 978 ha in 2016 to 1,670.7 ha in 2041 (an increase of 693 ha, or 27.7 ha per annum).
- The amount of land remaining in precincts in the southern parts of the Moreton Bay Region is projected to be 238.3 ha in 2041 at projected take up rates of 22.2 ha per annum, this would be sufficient until approximately 2050.
- There is sufficient land in the northern precincts to meet annual demand in Moreton Bay to approximately 2075.
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