New inner Melbourne suburb of Macaulay to be rezoned, making way for thousands of homes

THOUSANDS of new homes will be built near the CBD in the new suburb of Macaulay. See what the suburb will look like.

THOUSANDS of new homes will be built near Melbourne’s CBD as the Andrews Government prepares to battle housing affordability by unlocking the new suburb of Macaulay.

VICTORIAN GOVERNMENT’S NEW SUBURBS PROMISE FOR HOUSING AFFORDABILITY

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Planning Minister Richard Wynne will today move to rezone industrial land northwest of the city with 10,000 residents expected to move in by 2051.

The new housing hotspot will be filled with medium-size high-rises and is expected to be popular with developers.

Resident’s can also expect top notch transport with the new Arden Station to be built nearby as part of the Metro Rail Tunnel.

Government gives green light to new suburb of Macauley, north of Melbourne's CBD.

The nearby Arden Station will kickstart the area’s transformation from an industrial precinct to a thriving new suburb on the edge of the CBD.

Property Council executive director Sally Capp said the news was “absolutely brilliant" and urged a range of dwellings to be built in the area.

“This are is so well placed to develop with jobs at the core,” she said.

“Supply is absolutely part of the equation with the population growth and we have the opportunity to do density well with variety of dwelling types”.

Mr Wynne will announce the changes to the Melbourne Planning Scheme today and has pledged developments are range between nine and 12 storeys.

Planning Minister Richard Wynne.

“This is proper planning at play,’’ Mr Wynne said.

“We’re building a flagship new community, protecting local character, making homes more affordable and giving more Victorians a chance to work close to where they live.

“We’re ensuring those building the new Macaulay community make it a world-class place to live, with the infrastructure and services locals need and deserve.”

The City of Melbourne lodged a request for an interim development contributions plan overlay, which has been approved ensuring landowners and developers who make a windfall from the development, give back to the community.

The latest move comes after the Andrews Government announced it would create 17 new suburbs with 100,000 lots in Melbourne, which will be released of over the next two years.

Councils in the growth areas will also get help to streamline subdivision processes and applications for residential and employment land to try to get more properties to the market.

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