Investment and Development
The Lockyer Valley is a leading agricultural region, offering residents a rural lifestyle and local job opportunities.
Lockyer Valley Development Status Report - July 2024
Lockyer Valley Development Status Report - July 2023
Lockyer Valley Development Status Report - July 2022
The Lockyer Valley’s scenic amenity, wide open spaces and proximity to major centres continues to attract investment and development to the region. During the 2023-24 financial year, there was an increase of 183 businesses and an additional 805 local jobs created. Local Gross Regional Product remained stable at $2.53B.
Fertile soils underpin the economic strengths of the region with agricultural output in the Lockyer Valley increasing $173.3M from last year. Construction of new commercial buildings at Plainland continues, expansion works were undertaken at existing large businesses at Helidon and Grantham and development approvals were issued for three new childcare centres in the region.
The Queensland and Australian Governments continue to support and maintain the region’s food production reputation, investing $14M in the Gatton Smart Farm Ag Tech and $10M of the SEQ City Deal to continue to progress the Water for Lockyer and Somerset project to bring reliable and sustainable water for agriculture to the region. This investment helps to ensure sustainable food production into the future.
Council invested $56.63M in capital works during the year. A primary focus was placed on the restoration of flood damaged roads, with $34.41M spent under the Reconstruction of Essential Public Assets program of works.
The country living and city convenience of the region is becoming increasingly attractive as people continue to move to the Lockyer Valley. The region has consistent population growth averaging 1.6 per cent annually for the past five years, with 1219 new residents calling the region home during the year.
The new Lockyer Valley Planning Scheme took effect on 22 July 2024. This new statutory document provides more development opportunities for people to live, work, invest and play in the Lockyer Valley. We would love to discuss the opportunities the region has to offer.
