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Riverfront Luxury Homes Ignite Affordability Debate | Brisbane News

Riverfront Luxury Homes Ignite Affordability Debate | Brisbane News

Published 12 hours ago
Description

Brisbane’s Northshore Hamilton is set for a massive $2.2K new homes, hotel, shops, and supermarket—on the last vacant lot north of the river—with moves starting by 2031. But here’s the twist: Queensland’s Deputy Premier Jarrod Bleijie just axed mandatory affordable housing in state-backed projects, claiming it stalled construction. He argues luxury riverfront units will spur suburban downsizing and free up housing elsewhere—calling it “pulling every lever possible.” The land, previously eyed for the 2032 Olympic Village, was sold at market value (price undisclosed). Critics blast the move as out-of-touch, noting Queensland is now the most unaffordable it’s ever been—and this prime city-center site isn’t helping. The real question? How will nearly 2,200 luxury homes impact affordability for everyday Queenslanders?

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