First urban growth of its kind in Australia

By Reporter 22 June 2012 | 1 minute read

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 and RichmondRichmond, SA Richmond, VIC Richmond, NSW Richmond, TAS Richmond, NSW Railway 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.



An investment is an asset or item purchased with the expectation that it will generate income or appreciate in value in the future.

First urban growth of its kind in Australia
spi logo

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.