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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.
“Victoria saw a 7.1 per cent increase in new home sales in August, while the other four large states all declined,” stated HIA Senior Economist, Tom Devitt.
“The volume of new homes sold (contract-to-build) nationally decreased by 1.2 per cent in the month of August 2025,” stated HIA Senior Economist, Tom Devitt.
HIA took the opportunity to provide a submission to the Senate Inquiry into Climate Risk Assessments.
HIA provided the submission to an inquiry into creating sustainable economic growth in rural and regional Australia.