Northern land release in bid to house peg prices

Another 32,000 house blocks will be released for new suburbs in Whittlesea and Hume.

The state government last week announced it will rezone 32,500 lots within two years as part of a plan to tackle housing affordability.

Across Melbourne, 100,000 lots will be rezoned, creating 17 new suburbs, including those already earmarked for Whittlesea – at Donnybrook, Woodstock and Wollert – which will take most of the new housing.

Hume’s new suburb, known as Lindum Vale, will include 1500 lots on 142 hectares bounded by Mickleham Road to the west, Mt Ridley Road to the south and Merrifield to the north.

Planning Minister Richard Wynne said the government is boosting land supply and cutting delays in approvals to make housing more affordable in Victoria.

He said the aim is to build up a four-month stock of lots for sale in Melbourne’s growth corridors to create a more competitive market.

“This is all about ensuring there is plenty of new housing coming to market to suit the varied needs of Victorian families, to stay ahead of population growth and make new homes as affordable as possible,” he said.

Victorian Planning Authority chief executive Peter Seamer said the plan will pave the way for several new communities in the city’s north.

“It is important to note these plans include development levies that developers must pay to fund vital infrastructure and community facilities, often hundreds of millions of dollars,” he said.

“Futhermore, these suburbs will be developed gradually, over the next 20-30 years, so it is worth keeping in mind that the full population growth in these areas will not happen overnight.”

The government’s latest announcement comes just weeks after it was criticised again by the Epping North and Wollert communities for adding more houses to areas already struggling with inadequate services and infrastructure.