New Zone to Boost Housing in Growth Areas
Source: Victoria. Office of the Premier. Media Release
"Premier John Brumby announced the establishment of the new Urban Growth Zone (UGZ), which will fast-track rezoning land for homes in growth areas across Melbourne.Opening the Urban Development Institute of Australia (UDIA) conference today Mr Brumby said the plan would accelerate development of more than 90,000 land blocks by rezoning farm land.“For the past decade this Government has invested in the services and building projects that matter to families – and this is attracting more people to Melbourne and Victoria faster than predicted,” Mr Brumby said.“Victoria’s population boom is placing pressure on land supply, and we are taking action to meet demand for zoned land. The reforms I am announcing will cut the time it takes to prepare land for development by more than 12 months."