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“There are many existing blocks of land across Victoria that can be subdivided or have a second home, or two new homes built on.
“This policy is something HIA has long called for and it has the potential to deliver thousands of new homes quickly and inexpensively.
“These homes can be built near existing homes, jobs and families. They would allow for a moderate and gradual increase in housing density without unnecessary or excessive disruptions.
”Today’s announcement is an important boost to housing supply and fast track dual occupancy style housing which is an essential missing middle in the housing mix,” concluded Mr Ryan.
“Australia’s population reached 27.4 million by the end of 2024, up by 445,900 people, or 1.7 per cent for the year,” stated HIA Senior Economist, Tom Devitt.
The Tasmanian election that no-one wanted to have is in full swing, and while the limited campaign period is unlikely to provide the usual platform to promote key policies and reforms, HIA is calling on both major parties to prioritise housing policies given the significant challenges across the state.
“Our dated and complex planning system is littered with speed bumps that could easily be removed”, said Brad Armitage, HIA NSW Executive Director.
“The Victorian government’s proposal to update home building contract laws to make them fit for use in the 21st century is welcomed by HIA,” stated HIA Executive Director, Keith Ryan.