The Queensland government is releasing six hectares of state-owned land in Banyo, a northern Brisbane suburb, to three developers. The land transfer aims to increase housing availability in the region. Development plans include the construction of townhouses, specifically designated affordable housing units, and an aged care facility. This initiative represents the next phase of the state’s land activation program, intended to optimize the use of underutilized public land. The project is expected to address growing housing demand and provide options for diverse demographics, including seniors. Ownership will transfer to the developers, who will then oversee the construction process. The release is anticipated to contribute to Brisbane’s ongoing urban development and population growth.