Election 2016: Wyatt Roy concedes defeat in Longman

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Assistant Innovation Minister Wyatt Roy has conceded defeat in the Queensland seat of Longman.

The ABC's election computer had already given the electorate to Labor candidate Susan Lamb.

But Mr Roy held off making any announcement until conceding in a Facebook post this afternoon.

"While we will likely win more first preference votes than any other candidate, after a lot of careful counting and the distribution of preferences it looks as if we will fall short of the numbers required to win Longman," he said.

But he said his political career did not end in tears and he was proud of what he had achieved.

"At the age of 26, I have had the honour of serving one in five days on Earth as a member of the Federal Parliament," he said.

"As the Assistant Minister for Innovation, I have been part of an exciting new conversation for our country.

"If we embrace innovation and entrepreneurship, we will ensure that our nation transitions from the lucky country to one prepared to make its own luck by seizing the opportunities of a changing world."

He said he was looking forward to spending more time with his family and friends and "just being 26".

Mr Roy was first elected in the seat of Longman in 2010 and became the Assistant Minister for Innovation in September last year.

Topics: federal-elections, elections, government-and-politics, caboolture-4510