Land release fast-tracked in Queensland's mining towns
A government initiative to fast-track the release of land in Queensland's resource regions is ...
A government initiative to fast-track the release of land in Queensland's resource regions is expected to accelerate the development and growth of the state's mining communities.
State deputy premier and minister for state development, infrastructure and planning Jeff Seeney announced the scheme on Friday (August 31), stating land release in Blackwater and Moranbah would be made available as of the first day of spring (September 1).
"This weekend more than fifty allotments will go on sale in both projects with more lots being released as demand dictates," Mr Seeney explained.
The land release program is likely to interest those looking to purchase a residential property investment in the resource-rich state, with major projects earmarked for the state driving up demand in the real estate sector.
Mr Seeney said the land availability would ease pressure off the tight property residential market in Moranbah and Blackwater, which has driven up the cost of housing.
"Actions such as this, taken by the Newman government will contribute to addressing the stresses on land supply and housing in these regions, in the shortest possible time," he said.
Land lots in Blackwater will range in size up to 1,000 sq m, with civil works underway to prepare for imminent housing developments in the area.