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Changes to Residential Zoning Guidelines in Victoria: How will it affect you?

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Let us know what you think:

+ How will the new zoning affect property prices? 

+ Will there be more certainty for planning approvals? 

+ Will Melbourne be a better city after these reforms? 

 

Say goodbye to the Residential 1, 2 & 3 zones. As of 1 July 2014, the reformed residential zones came into full effect across Victoria. Further details can be found at: http://www.dpcd.vic.gov.au/planning/theplanningsystem/improving-the-system/new-zones-for-victoria/new-and-reformed-residential-zones

The new residential zones are summarised below:

Residential Growth Zone (High & medium density growth)

Likely to be applied near activity centres and train stations. Enables new housing growth.

Height restriction of 13.5m, which can be modified by Council.

General Residential Zone (Medium density growth):

Likely to be applied in most residential areas where moderate growth is provided. Enables some growth.

Height restriction of 9m, which can be modified by Council.

Neighbourhood Residential Zone (Restricted growth):

Likely to be applied in areas where single dwellings prevail and change is not identified, such as areas of recognised neighbourhood character, heritage, environmental or landscape significance.

Restricts housing growth.

Height restriction of 8m, which can only be exceeded by Ministerial consent.

 

Each Council was given the responsibility of applying the new zoning within their boundaries, but it is up to the Minister to approve them. To understand how your property is affected, you will need to go to your Council’s website, although at this stage, not all Councils have had their plan approved. The ones that have been approved to date are Bayside, Boroondara, Casey, Glen Eira, Greater Dandenong, Hobsons Bay, Hume, Manningham, Maroondah, Melbourne, Monash, Stonnington, Wyndham and Yarra Ranges.

 

These significant reforms have inevitably created some winners and losers as highlighted in this article in The Age: http://www.theage.com.au/victoria/plan-melbourne-series-winners-and-losers-20140621-3al86.html

 

We would love to hear  your thoughts on this matter. 

 

  

 

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