Property industry supporting jobs and economic growth in Queensland
The property industry is the biggest creator of jobs in communities right across Queensland.
“From the tradies on building and construction sites through to real estate and building services and financial and professional services, the property industry is creating hundreds of thousands of jobs in local communities throughout the state,” Property Council QLD Executive Director Chris Mountford said.
“Nationally, the property industry is the largest employer in Australia supporting 1.4 million jobs which is more than mining and manufacturing combined.
“We see this every day in our local communities where our industry is driving economic activity and investment as it builds great places for current and future generations to live, work and play.”
Data released by the Property Council highlights the economic importance of the property industry in metropolitan and regional areas of Queensland.
| Local Gov’t Area | Economic Activity | Wages | Number of direct jobs |
| Brisbane | $15.9 b | $7.4 b | 117,562 |
| Gold Coast | $5.5 b | $2.5 b | 41,942 |
| Moreton Bay | $2.8 b | $1.3 b | 22,580 |
| Sunshine Coast | $2.2 b | $1 b | 17,048 |
| Logan | $1.7 b | $840 m | 15,077 |
| Townsville | $1.5 b | $747 m | 12,932 |
| Cairns | $1.2 b | $544 m | 9,221 |
At the statewide level, the property industry employs 331,400 people in Queensland, more than any other industry. Almost one in three people in Queensland draw their income directly or indirectly from the property industry.
The property industry is also a significant contributor to government revenues through state and local government taxes. The industry paid approximately $11.2 billion to Queensland Government tax revenues in 2015-16, 53.7 per cent of the total collected.
The industry also supports jobs for some 363,600 full time equivalent workers through flow-on activity, meaning over 695,000 jobs are supported directly or through flow-on activity.
Further information on the property industry’s economic contribution including by electorate and local government area is available at http://campaign.propertycouncil.com.au/our-campaign/australias-property-industry