Infrastructure Victoria has called for fast-tracked planning approvals for townhouses, relaxed zoning to permit more low-rise apartments and the abolishment of stamp duty and first-home-buyers subsidies.
Goce Damjanoski and his wife bought their first home there, 31 kilometres from the CBD, seven years ago because it was one of the few places they could find a detached three-bedroom home for less than $450,000. They have since had two children – son Luka, now 3, and six-week-old daughter Mila.
“We’ve discussed if it’s better to move closer to an inner-urban area … [but] it always comes down to cost – we’d need to sacrifice a fair bit to make that happen.” But it also found that if apartments and townhouses dropped 10 per cent in price and greenfield houses increased by 10 per cent, there would be a 17 per cent swing in demand towards the smaller homes in established suburbs.
Matthew Kandelaars, from the Urban Development Institute of Australia, says governments need to discuss suitable levels of housing density.The report also recommends abolishing stamp duties and the first-home-owner grant, which distort purchasing decisions. But Ratepayers Victoria vice president Dean Hurlston said housing targets, fast-tracked townhouse approvals and rezoning risked overriding communities’ control over what happens in their neighbourhood.“We are worried about anything that can limit the natural rights of communities to object,” Hurlston said.Suburban Rail Loop project“We need to deliver more housing and more jobs in areas that are well served by public transport,” the spokesman said.
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