Project Status Updates

Project Status Updates – November 2023

On 20 September, the Victorian Government released Victoria’s Housing Statement: The decade ahead 2024-2034, in which it announced the Victorian Planning Authority will continue preparing Precinct Structure Plans (PSPs) for new housing and jobs in Melbourne and regional Victoria. We will conduct further work across 21 projects to deliver more than 60,000 homes and 60,000 jobs. These projects will deliver a sustainable supply of greenfield land, and more jobs close to home. 

Merrifield North is one of the 21 projects named in the Housing Statement. 

As this project is still in the due diligence phase, this year financial we will be progressing the threshold assessments to determine whether Merrifield North is able to be considered by Government to formally commence as a PSP project in the future. 

In the coming months we will be focused on finalising initial technical reports, and a draft Threshold Assessment Report. We will continue to update you about the scope and issues being addressed throughout our due diligence process. 

We are now updating our work program and confirming new timings for this project. We will provide another update with more details on our next steps once our work program is confirmed.