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{{propApi.successMessage}} {{region}} Change locationRezoning milestone paves the way for Broadmeadow transformation
Rezoning milestone paves the way for Broadmeadow transformation
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“The announcement that new planning controls will enable up to 3,200 homes to be built on government-owned land is the starting gun the residential construction sector has been eagerly awaiting.
“Yesterday’s release of the HIA-Cotality Residential Land Report ranked Newcastle and Lake Macquarie the 7th most expensive regional market in Australia and the 6th highest regional land price per square metre over the March Quarter 2025.
“With the high level of demand for residential building in the lower Hunter, the stage 1 rezonings will in time be a catalyst in alleviating pressures on the housing sector, delivering much-needed housing stock.
“Over the next 30 years the supply of diverse housing at Broadmeadow will also have a significant impact on broader economic activity, which will in turn result in societal benefits.
“This precinct provides a once in a generation opportunity to be ambitious. Governments, industry, and the broader community must dream big to ensure we develop this locality to its full potential,” Mr Jennion concluded.
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Demand for housing continues to outpace supply
“The ongoing influx of overseas migrants has pushed Australia’s population beyond 27.5 million in the first quarter of the year,” stated HIA Chief Economist, Tim Reardon.
HIA welcomes Planning System reform
“The Housing Industry Association welcomes the Premier’s announcement today of the NSW Planning System Reforms Bill 2025,” said Brad Armitage, Executive Director NSW.
Victoria’s Housing Statement – planning reforms not enough
“The Victorian government’s Housing Statement is almost two years old and while a number of significant planning reforms have been introduced the housing target of 800,000 will not be met as homes need to be built and not just planned,” stated HIA Executive Director Victoria, Keith Ryan.
It’s time to move from planning to doing
The Housing Industry Association (HIA) has tabled its submission calling on the Federal Government to act swiftly on the Productivity Commission’s Five Pillars reforms to lift productivity and unlock new housing supply.