Housing development plan for Fishermans Bend | Herald Sun – Corrected Version

A DOCKLANDS-style development at Fishermans Bend that could house up to 70,000 people is being considered by the Coalition.

The plan to open the Port of Melbourne’s land bank to housing could mean moving port amenities to Hastings, on Western Port Bay.

Opposition Leader Ted Baillieu wants to open hundreds of hectares of unused government-owned land for suburban homes.

This comes despite a Coalition promise to create no-go zones for high-density developments on transport corridors in leafy suburbs and to return planning powers to local councils.

The Fishermans Bend site is more than three times the size of the Docklands, with 510ha of land either side of West Gate Bridge on the banks of the Yarra River.

Docklands is forecast to house about 15,000 people on its 146ha by 2021.

The Opposition says Fishermans Bend could dwarf the Docklands with housing for up to 70,000 people..

The Coalition also has eyes on the Vic Track railyards in Frankston and Kew land as potential sites for major new housing developments.

Mr Baillieu has also promised to set up a team to cut planning delays.

He said the dream of home ownership had become a “nightmare” under the Brumby Government and these reforms would allow developers to cut their costs, with savings passed on to home buyers.

“Under Labor it is impossible for young Victorians to own their own homes because of massive planning red tape and bureaucracy, and John Brumby’s failure to increase land supply in growth areas,” Mr Baillieu said.

The Coalition would also review the urban growth boundary every two years rather than every 5-6 years.

Premier Brumby said the Opposition policy would inflate house prices by “ring-fencing” some suburbs against medium and high-density development.

“What it will mean is higher housing prices,” he said.

 

 

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