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On Sunday the Victorian government announced the Single Home Code which is intended to streamline approvals for single homes and small second dwellings on lots under 300 square metres.
“Importantly, the Single Home Code removes the need for owners of smaller lots to face unnecessary delays caused by third party reviews to VCAT.
“The Single Home Code follows the Townhouse and Low-Rise Code introduced earlier this year. The government also reminded us yesterday that a Medium-Rise Code is also coming soon. Together these reforms help to gently increase housing density without excessive impacts on communities and local amenity.
“One disappointment however in yesterday’s announcement was the lack of an update about the government’s progress on the two homes on one block reforms. This was announced by the Premier back in October 2024. Reforms to make it easier to subdivide a block into two lots or build a second home on one block will make a significant improvement.
“The Victorian home building industry will build homes that consumers want. Planning reforms that allow for developers and builders to build the new homes where people want to live will increase housing supply. And with tax and charges making many higher density housing projects not economically feasible the lower density housing segment will have to continue to do most of the building of new homes.
“Planning reform continues to be a slow journey but at least we are heading in the right direction. The Victorian government needs to continue this work ensure the planning system allows for the homes that Victorians want to live in to be built,” concluded Mr Ryan.
“The median price of residential land sold nationally jumped by 6.8 per cent over the 2024/25 financial year, more than three times faster than consumer price inflation over the same period,” stated HIA Chief Economist Tim Reardon.
“The Housing Industry Association (HIA) is calling on all parties to park the games and fast track the delivery of the long overdue EPBC reforms by the end of this year,“ HIA Managing Director, Jocelyn Martin said today.
The Housing Industry Association (HIA) welcomes the announcement of an audit into the Housing Australia Future Fund (HAFF) but cautioned that the review should not delay or derail the urgent task of increasing Australia’s housing supply, HIA Managing Director Jocelyn Martin said today.
“The announcement that the NSW Government will fast-track a major rezoning of Gosford City Centre, unlocking 1,900 new homes across 283 hectares, provides an exciting opportunity for the Central Coast,” commented HIA Hunter Executive Director, Craig Jennion.