UPDATE: Sorensen leaves party a winner
UPDATE: JUBILATION has been mixed with disappointment at Hervey Bay MP Ted Sorensen's victory party where news of a likely Labor government is beginning to sink in.
Elected for a third term, Mr Sorensen faces three years of being in opposition.
Speaking to his crowd of loyal supporters tonight, Mr Sorensen said he was proud to represent Hervey Bay but felt for his colleagues who had not been so lucky.
"It looks as though Labor is going to form government...the worst thing that could happen would be a hung parliament," Mr Sorensen said
"We have already seen what happened in Canberra with a hung parliament."
Crediting ousted Premier Campbell Newman and his team with "making the hard decisions in getting Queensland back on track", Mr Sorensen said it was "disappointing to see it all go to ruins" but promised the party would be back in three years.
EARLIER UPDATE: Hervey Bay MP Ted Sorensen has been re-elected for a third term, so far attracting more than 60% of the vote.
Cheers broke out in the Torquay function room where the announcement was made about 7.40pm.
Loyal supporters had been glued to the television screens where a state-wide swing towards Labor is evident.
Embracing his wife Jenny and posing for photos with the proud crowd, Mr Sorensen said it had been a tough month but "we got there".
"I am feeling really great that I have won but it will be devastating for Queensland if we have a hung parliament," Mr Sorensen said.
"We would just see the same mess we saw when we had a hung federal parliament.
"I'd like to thank all my supporters and I appreciate all their support over the years and it's great to be able to represent Hervey Bay.
"We just have to make sure we keep the infrastructure up so Hervey Bay can continue to prosper."
At an industrial shed at Pialba where Labor supporters have been gathered for the evening, Tony Gubbins is refusing to concede.
EARLIER: Hervey Bay MP Ted Sorensen and his Labor opponent Tony Gubbins both say they are feeling positive about tonight's election result.
Mr Gubbins, who would have to drum up a mammoth 21.72% swing against the sitting member to move into his Scarness office, said his confidence had been boosted by encouraging comments from members of the community.
"Just last night I had a man come to me at dinner and say he had never voted Labor in his life but he was so disillusioned, he was voting for me," Mr Gubbins said
"There's a lot of people out there saying 'it's time to get rid of this lot.
"We copped a bit of abuse today but the general response was overwhelmingly positive".
Mr Sorensen, who, if pre-polling is anything to go by, finds himself in decidedly more comfortable position than his party leader in Brisbane, said while he did not expect to win with the same majority as he did in 2012, his chances of getting over the line remained "pretty good".
With the shaking of hands over for now and votes being tallied, the political rivals are both taking a brief rest before their election parties kick off this evening.