- They are affordable: the median price of a serviced lot in Melbourne’s greenfields is currently $345,000 per lot – around $128,500 less than an equivalent lot on the fringes of Sydney.
- They are green: most new suburbs have up to 20% open space, which involves incorporating local wetlands and preserving environmental qualities.
- They are walkable: at least 90% of houses in a Precinct Structure Plan (PSP) area are within a 10-minute walk of a town centre, community centres and a primary school. Furthermore, 90% of houses are within a five-minute walk of local parks, including sports reserves. Main roads have off-road bicycle paths delivered in the early stages of development. This focus on walking and cycling infrastructure makes greenfield areas healthy places to live.
- They are compact: recently completed PSPs have a required density of 16 – 18 dwellings per net developable hectare – making them far more compact than many established Melbourne suburbs.
- They have many housing options: PSP-designed areas provide a variety of housing options, including traditional houses, townhouses and apartments, so that people at different stages of their life can find the housing they want.
- They will be located close to future jobs: our plans for new suburbs include areas designated for different types of jobs in future – including in small enterprise areas for local businesses; town centres; mixed-use areas; and industrial estates.
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