A long-vacant 10-acre site in Banyo, formerly owned by Energex, is slated for residential development. The Queensland government, under Premier Crisafulli, approved the sale of the land to private developers in February. Construction of approximately 500 homes is expected to commence within the coming months. This project aims to address housing needs in Brisbane’s northern suburbs. The site has remained unused for a decade, and the redevelopment is anticipated to stimulate economic activity in the area. Details regarding the developers and specific housing types have not yet been released, but the project represents a significant step towards increasing housing supply. The government anticipates the development will be a positive contribution to the region.