Record-breaking development drives economic growth

The Fraser Coast experienced unprecedented development growth in 2024, with the value of commercial projects soaring from under $300 million in 2019 to nearly $3 billion last year.

Fraser Coast Mayor George Seymour said the region was progressing rapidly, with new lots and development applications more than doubling compared to pre-COVID levels.

“Development statistics for 2024 confirm the Fraser Coast is a regional Queensland powerhouse, consistently punching above its weight,” he said.

“In 2024, Council processed 1,000 development approvals, received 4,453 building lodgements, and approved a record 1,130 new titled lots—paving the way for the Fraser Coast's continued population growth and construction boom in 2025.

"Among the approvals were 987 new dwellings, 225 new units, and 133 commercial developments, collectively valued at $2.7 billion—a figure significantly boosted by the State Government's rail manufacturing facility in Torbanlea.

"New residential subdivisions spanned over 121 development sites, complemented by ongoing expansions in 10 lifestyle villages.”

Major projects underway for 2025 include:

• The Queensland Train Manufacturing Program facility in Torbanlea and associated new supply industries;
• Continued development of the Hervey Bay Community Hub in Pialba, featuring a new library over two levels, a Council administration centre and a Disaster Resilience Centre;
• Maryborough Moonaboola Industrial Estate developments;
• The Topaz and Opal seven-storey residential complexes in Shelly Beach.

Cr Seymour said the total value of construction and civil works in 2024 exceeded $3 billion, with $327 million in subdivision works and $2.7 billion in building projects.

“The construction industry is a cornerstone of the Fraser Coast economy, supporting 1,431 local businesses and accounting for 21 per cent of all businesses in the region,” he said.

"Construction and progress drive economic growth, create jobs, and ensure the Fraser Coast remains a thriving, sustainable region for current and future generations."

Learn more about development applications online:  https://pdonline.frasercoast.qld.gov.au/ or share your feedback on current projects at the Engagement Hub:  https://frasercoast.engagementhub.com.au/