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Victoria Rezones 12 New Suburbs to House 50,000


The Andrews' Labor government has rezoned 12 suburbs in order to build 50,000 new homes to feed the demand for housing in Australia's fastest-growing city.

Early plans for the new suburbs will include a mixture of employment, residential and mixed-use neighbourhoods, and have town centres, cycling and walking paths, and schools.

The announcement by treasurer Tim Pallas, made at a lunch event held by the Urban Development Institute of Australia, will set in motion plans to build new communities in Melbourne's west, north, northwest and southeast.

The communities will look to sustain Melbourne's 15-year land supply, “which is critical for keeping house and land packages affordable”, Pallas said.

If realised, the new communities could support up to 50,000 jobs, including more than 20,000 in a new employment precinct in Officer and more than 13,000 jobs near Kalkallo and Beveridge.

Related: Melbourne’s Booming Greenfield Market Set to Moderate

SuburbLocationSuburbLocation
Aviators Field25km South-WestMerrifield46km North
Beveridge North West42km NorthOfficer54km South-East
Craigieburn West35km NorthPakenham56km South-East
Croskell39km South-EastShenstone33km North
Kororoit Part 229km WestWallan East45km North
Lindum Vale32km NorthWallan South45km North

“We’re making it easier for people to buy a home in Melbourne – with stamp duty discounts for first home buyers and new communities for people to make their home,” Pallas said.

Pallas exclaimed that more than 48,000 first home buyers across Victoria have benefited from stamp duty exemptions and concessions, saving buyers $850 million.

Planning minister Richard Wynne said the new communities would create jobs closer to where people live, cut commute times and let people live closer to work, schools and services.

“These new communities will be well connected and serviced, with the employment opportunities, parks, schools and transport that will make them terrific places to live,” Wynne said.

Plans have not yet been revealed for infrastructure updates and access to public transport with almost all of the new suburbs outside of Melbourne’s rail network.

Early earthworks are anticipated to begin within the next four years across all twelve sites.

The announcement follows the rezoning the 952-hectares of land in Cardinia Creek South, 285-hectares at Minta Farm in Melbourne’s south-east and 292-hectares in Beveridge Central in Melbourne’s north, late last year, creating 17,400 housing lots.

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Article originally posted at: https://theurbandeveloper.com/articles/victoria-rezones-12-new-suburbs-to-house-50000