The Brisbane Times this morning reported on an interesting new report from Jones Lang LaSalle which places Brisbane as the top major city for projected economic growth. Here’s the chart showing Brisbane’s dominance:
Of course, this must refer to the Brisbane metro area, because Brisbane City’s growth isn’t that spectacular. A large part of the growth of the Brisbane metro area is the strong growth in the western corridor out to Ipswich, particularly around Springfield – one of the few master-planned communities that seem appealing to live in. The Ipswich City Council area is projected to add almost the same number of people as the Brisbane City Council area in the period to 2021 (see chart from OESR below), which is extremely impressive given Brisbane City is around five times the size of Ipswich City. Brisbane unfortunately is held back by NIMBYism in prime inner city suburbs which has limited the development of higher density living options (e.g. the complex that was planned for the old Milton tennis centre site).