Interesting read out of todays SE QLD's regional plan below. FKP has substantial land holdings in the SE corridor (Rochedale).
"The Bligh government's new South East Queensland Regional Plan identifies those suburbs as being ready to hold housing development of up to 120 dwellings per hectare. Other suburbs will need to get used to residential densities on a par with Fortitude Valley, as the region's population is expected to grow from 2.8 million to 4.4 million people by 2031.
The plan envisages that half the estimated 754,000 new homes the region requires to cope with an explosion in population growth will need to be built alongside existing housing.
The will force the region's councils to approve development only with a designated urban footprint.
The plan calls for 156,000 additional homes in Brisbane, of which 138,000 would be infill housing."
