Confident Developers kick off $700m of new Melbourne projects
Construction of $700 million worth of new office, hotel and apartments projects…
18 February 2019
Twelve new suburbs will be established within the next four years as the Andrews government releases fifty thousand housing lots in Melbourne’s growth corridors.
Half of the new suburbs to be announced – in Beveridge North West, Wallan East, Merrifield North, Wallan South, Lindum Vale and Shenstone Park – are along the Seymour V/line train line.
“It’s about unlocking land and providing affordable new homes in well-planned communities,” Treasurer Tim Pallas told the Urban Development Institute of Australia (UDIA).
In addition, these newly established suburbs will have employment opportunities for new residents with town centres and mixed-use neighbourhoods. The plans also include schools, cycling and walking paths.
Mr Pallas went on to say, “It’s about giving more Victorians the opportunity to own their own home. And it’s about ensuring new communities have the amenities they deserve – schools, parks, hospitals and transport.”
Peak body representing outer-suburban council, Inferface Councils, warned that the release of 50,000 housing lots would do more damage, than good for Victoria as our transport networks and schools are over-crowded as it is.
“Research shows that people living in the growth areas have nowhere near the same level of service or infrastructure compared to residents in other parts of Melbourne. While the current government has taken steps to address this, there is a historic lack of underfunding that needs to be urgently addressed,” David Hawkins, Interface Council’s secretary stated.
The new suburbs that are looking to be developed are: