Cost of new Queensland housing estates jumps amid supply chain uncertainty

Labour shortages, infrastructure delivery and global supply chain disruptions continue to offset hopes of a more stable construction market. Brisbane 2032 Olympics infrastructure is set to intensify an already fierce battle for skilled workers, as southeast Queensland’s greenfield development costs climb for the fifth consecutive year. Labour shortages, infrastructure delivery and global supply chain disruptions continue to offset hopes of a more stable construction market. Looking ahead, the Colliers report forecasted civil construction costs may increase by a further five to seven per cent over the next 12 months. The latest Colliers Engineering & Design 2026 South East Queensland Cost Per Lot Report found the average civil development cost per residential lot increased from $180,230 in 2025 to $189,250 in 2026, a five per cent annual increase. The report analysed cost estimates for 20,000 residential lots and a further 2,000 lots currently under construction across the region’s key growth corridors. Looking ahead, the Colliers report forecasted civil construction costs may increase by a further five to seven per cent over the next 12 months. MORE NEWS: Vendor nabs $3m profit...