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๐Ÿ‡ฆ๐Ÿ‡บ Australia /Economy & Trade

Brisbane slashes minimum block sizes to boost housing supply

From ABC Australia · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

News Named sources New plan
  • Brisbane City Council has reduced minimum block sizes in some suburbs to 120 square meters to increase housing supply.
  • The changes, which apply to "low-medium density" zones, aim to boost density near public transport and services.
  • Property experts suggest the changes might not be sufficient to address the housing shortage, despite a recent auction of a small block for a high price.

Brisbane's City Council has approved significant planning changes, slashing minimum block sizes in certain suburbs to as little as 120 square meters. This move aims to stimulate housing supply in areas zoned for low-to-medium density, which constitute about 14 percent of the city's residential land.

It makes sense to put density in a location that has all of those attributes.

โ€” Adam AllanBrisbane Councillor Adam Allan, chair of the planning committee, explaining the rationale behind placing density in areas with existing amenities.

Councilor Adam Allan, chair of the planning committee, stated that these areas are already well-served by public transport, shops, and services, making them ideal for increased density. He believes these changes could facilitate the creation of an additional 6,000 homes across the city, aiming to "reinvigorate the opportunity for more housing."

Recent market activity highlights the intense demand for land. In the inner suburb of Petrie Terrace, a 185-square-meter block, described as a "pint-sized driveway," sold at auction for $855,000. Real estate agent Nick Hall suggested this might be a record price for a plot of that size, noting its proximity to the CBD, upcoming Olympic venues, and Brisbane Grammar School.

We believe there's [the] potential to have another 6,000 homes across the city under these changes.

โ€” Adam AllanBrisbane Councillor Adam Allan on the expected impact of the new planning changes on housing supply.

Alongside smaller block sizes, the council is also easing subdivision rules and increasing height limits. Lots within 300 meters of a shopping center can now be subdivided into 300 square meters, down from 200 meters. Building heights will also rise to three or four stories, depending on the block's size and location. Despite these measures, some in the property industry caution that the changes may not fully resolve Brisbane's housing supply issues.

This is within walking distance of the CBD, the new Olympic venues, Brisbane Grammar โ€ฆ so it's a very convenient area in which to live and get in and out of.

โ€” Nick HallRay White real estate agent Nick Hall describing the appeal of the small block sold in Petrie Terrace.
DistantNews Editorial

Originally published by ABC Australia in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.