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$vuetify.icons.faPhone1300 650 620

Boost for new homes across Victoria

Media release

Boost for new homes across Victoria

Media release
“The Housing Industry Association (HIA) welcomes the Federal Government’s investment of $248 million to bring forward new private and social housing across the state of Victoria,” HIA Managing Director, Jocelyn Martin said today.

“This investment is for enabling civil works including roads, sewerage, water and power that will support the delivery of 3,781 dwellings which will be a mix of new social homes and private residential lots.

“Part of the total spend includes, $4.5 million being provided to deliver infrastructure upgrades from the Burwood Highway, Knoxfield. This will pave the way for around 400 new dwellings and increase access to the area.

“Also, more than $88 million is being made available for to boost housing supply and bring forward housing projects in regional Victoria. 

“This investment is critical to build both social and private homes faster, as builders often tell us that getting this key ‘last mile’ infrastructure is what holds many projects back from being delivered in a more-timely fashion. 

"HIA strongly advocated for a boost in enabling infrastructure funding as part of this year’s Federal Budget and were pleased to see $1.5 billion being committed by the Federal Government to support states, territories and local governments to unlock new homes.

“It is therefore encouraging to see this funding now being rolled out to support key housing projects, in order to boost housing supply across the country,” concluded Ms Martin.

For more information please contact:

Jocelyn Martin

Managing Director

Steven Wojtkiw

Deputy Executive Director - Victoria
Latest articles
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30 May
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State Budget is a missed opportunity to stimulate housing

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“The NSW planning system has failed to deliver the number of homes we desperately need and we fully support removing the politics from housing, to address this growing crisis,” said Brad Armitage, HIA Executive Director NSW.

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The Victorian Opposition’s announcement that it would remove stamp duty for first-home buyers spending up to $1 million on a new or existing home if elected at next year’s state election, is a positive step towards improving home affordability,” says Steven Wojtkiw, HIA Victoria Deputy Executive Director.