Investment and Development
The Lockyer Valley is a leading agricultural region, offering residents a rural lifestyle and local job opportunities.
Download link for the Lockyer Valley Development Status Report - July 2022
The region’s scenic amenity, wide open spaces, and proximity to major centres has seen an enviable boost in growth driven by interstate migration, as a result of the COVID-19 Pandemic and affordable lifestyle choice. The region is bountiful with natural assets, providing residents and visitors opportunities to explore the great outdoors. The entrepreneurial spirit of the Lockyer Valley is strong and supports more than 3000 successful small and medium enterprises.
Commercial confidence is high, as evidenced by the arrival of major ‘big box’ retailers such as Bunnings and Aldi. Current construction projects in the commercial sector are valued at $890M buoyed in part by local businesses investing capital to expand.
An influx of new housing and lot approvals is a catalyst for regional growth, with a 42% increase in new lot approval since the preceding 12-months coupled with $82.3M in domestic building approvals for the same period. This development injection has seen the region appreciate a 1.3% growth in population.
New and innovative industries and employment opportunities continue to emerge, including in the ‘space race’ with Australia’s first commercial rocket testing facility taking off and continued investment in energy production facilities, the extension of the Southern Queensland Correctional Precinct and the planned Lockyer Valley Foods processing plant.
The growing community and social economy have been boosted with the creation of new parks, school extensions, community facility upgrades, road transport facilities and community events that support vibrant rural living.
From the region’s fertile floodplain, through the growing townships and abundant commercial opportunities, the vibrant rural community of the Lockyer Valley continues to be an economic and emotional investment choice for many and is open for business!
We welcome the opportunity to discuss our great region and the opportunities that it can afford to you. open for business!