20 January 2021
Despite a challenging 2020, the fundamentals of the Logan economy are strong. New job opportunities, infrastructure investment and the strong community is what has carried us through the COVID-19 pandemic.
There is a real sense of community building in Logan, making it a place people want to live and work, which only encourages further investment from both the public and private sectors. More than 330,000 people now call the city home, and that number is expected to exceed 500,000 by 2036. The City has significant existing infrastructure to service our growing population, and we continue to see that investment increase, buoyed in particular by the property market.
Logan is the ideal choice for home buyers, as it fast becomes one of South East Queensland’s largest employment hubs, offering the lifestyle benefits families are looking for. Property sales reflect this, as Logan reported a 24.9 percent share of South East Queensland land sales over the last financial year.
The government’s HomeBuilder Grant has provided a huge stimulation in land and new home sales in Logan. In particular, first home buyers are moving out from the cities in search for affordable living, and land which qualifies for the HomeBuilder Grant.
Plenty of investment is going in to building Logan for the future, enabling further growth and providing opportunities for existing residents. investLogan remains committed to further stimulating the local economy, with a handful of development projects underway, including The York in Beenleigh, which will bring a more than 240 jobs and $40 million worth of investment to the City. Our mixed use development in Berrinba is also set to welcome more than 200 jobs, in a boost to the local economy.
