Moreton Bay is a thriving community and has been earmarked as a housing fast-track area by the QLD State Government to substantially boost Brisbane’s housing supply.
Moreton Bay is a vibrant and rapidly growing region in South East Queensland, situated just 40 minutes north of Brisbane and 40 minutes south of the Sunshine Coast.
Known for its stunning coastal landscapes, thriving communities, and proximity to Moreton Bay Marine Park, the region’s major economic drivers include tourism, advanced manufacturing, agriculture, and the burgeoning infrastructure projects supporting its expanding population.
Moreton Bay boasts an expanding economy, underpinned by its strategic location and diverse industry base. As of 2024, the region's Gross Regional Product stands at 21.95 billion, reflecting its significant contribution to Queensland's economy that includes over 163,000 local jobs, with key employment sectors including health care, retail trade education and construction.
The region’s economy benefits from its proximity to Brisbane’s metropolitan hub, the Sunshine Coast’s tourism economy, and the thriving Port of Brisbane. Additionally, major infrastructure investments and its emerging innovation and technology precincts such as the Mill at Petrie; position Moreton Bay as a critical driver of economic growth in South East Queensland.
With a low vacancy rate of 1.2%, indicating the LGA’s housing supply is currently tight and with large long-term growth over the next two decades, limited supply looksset to remain a focus for residents, and an opportunity for investors. This is highlighted with the statistic that an additional population of 295,000 are expected for the region, which will require 5,100 dwellings to be built p.a. in Moreton Bay over the next 20 years, just to keep up with demand.
Major projects in the pipeline for Moreton Bay include:
$400m Caboolture Hospital redevelopment
Brisbane International Airport has a brand new runway, meaning capacity for oversea arrivals is set to increase.
The Mill, Petrie is a master planned knowledge and community precinct underway.
$100m infrastructure for Waraba Priority Development area which will include retail, commercial and industrial activities.
The new $20m Burpengary East Shopping Centre will open late 2025.
Previously known as Caboolture West, Waraba Priority Development Area has been selected as the pilot site of a planning strategy to ensure infrastructure can keep pace with population growth and housing demand in SE Queensland.
About 3,000 homes will be built in the neighbourhood, eventually growing to 30,000 houses for about 70,000 people.
Being just 40 minutes north of Brisbane’s CBD, Moreton Bay enjoys direct access to one of Queensland’s key employment and commercial hubs. This strategic position places residents and businesses within easy reach of major economic drivers, including the Port of Brisbane—a vital trade gateway that supports both national and international markets. With expanded freight terminals and upgraded logistics infrastructure, the port’s influence now extends well into the Moreton Bay region.
Brisbane Airport, only 30 minutes south of Moreton Bay, offers convenient domestic and international travel options. Following a significant runway expansion, the airport now accommodates a growing number of global destinations.
The Bruce Highway—Queensland’s busiest and most critical transport corridor—is undergoing extensive improvements, including lane expansions, interchange upgrades, and safety enhancements to reduce travel times, ease congestion, and improve freight efficiency across the region.
Moreton Bay has 510,000 residents with a median age of 39. Population forecasts for the next two decades anticipate growth of 58% which would result in a total of 805,000 people.
A key demographic insight for the region is that while families with children average 1.9 children per dwelling, the overall average across all households is only 0.8—indicating that over half of all households do not have children at all. This underscores the suitability of dual income dwellings, featuring a main four-bedroom residence to accommodate larger families and an adjoining two-bedroom house for single occupants or couples, thereby meeting the diverse housing needs of the community.
Part of the booming south east Queensland market, basking in long term, significant population growth and the continued high demand for housing. This region benefits from an attractive lifestyle, while offering all the benefits of employment and infrastructure investment.
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