26/06/2025
How does the VPA decide on the sequencing of land?
The VPA undertakes a detailed analysis to determine staging within a precinct. The analysis considers the local context, known state funding commitments, locations and likely rates of development, local infrastructure provision and background technical studies for traffic, transport, and drainage. The VPA also completes a detailed financial analysis. This analysis considers projected cash flow over time and compares this against expenditure on the infrastructure items within the Precinct Infrastructure Plan (PIP).
The aim is to avoid an imbalance between revenue and expenditure regarding infrastructure provision. Where infrastructure is required to ‘unlock’ and provide for orderly development prior to infrastructure contributions being available, consideration is given to the mechanisms needed to align development staging and infrastructure provision.
This is particularly critical when considering the first stage, as that needs to include the essential infrastructure for those who are the first residents living, and employees working, in a new community.