Perth price rise proceeds with June value bump
Homes in Perth have continued their strong year of growth, with values rising throughout June. ...
Australia’s first inner city urban growth area was announced yesterday by the Victorian state government.
The State Planning Policy Framework will be changed to allow Melburnians the option between inner city and suburban living, and Fishermans Bend will be the first growth area of this kind.
This renewal area includes 200 hectares of land adjacent to the CBD and Docklands.
Minister for Planning, Matthew Guy, recently said that the government has now amended state planning policy to provide for future urban renewal in the areas of Fishermans Bend, E-Gate andRailway Station.
E-Gate, at Docklands North, will include over 20 hectares, while Richmond Railway Station will be a smaller project just walking distance from the CBD.
Amendment VC92 will put these areas into the same category as the CBD, Southbank and Docklands, Mr Guy said.
“We are providing a clear planning framework to designate these as areas for major urban renewal and this move signifies to the community and industry that we are serious about advancing these proposals, and that rezoning will progress as soon as possible,” he said.
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