You may have heard over this past week in the media about the release of the State of Victoria’s new planning vision for Melbourne to 2050. It seem’s like such a long way away though, right? But topics such as the possibility of developing a third Melbourne airport surrounding new employment precincts must have an impact for investors and developers!
WAT CH THIS TO SEE WHAT MELBOURNE WILL LOOK LIKE IN 2050
http://www.youtube.com/watch?v=6fZZ_G3heS4
So how can you use this to your advantage? Have you ever heard the phrase “Investment follows Infrastructure”? Where there is money being spent by the Government on developing infrastructure, there is always an increasing rise in population to go with it and there is always going to be a need for other resources. As you already know, people need places to live, to shop, schools for their children, medical centres and the like. This becomes incredibly important for active property developers to keep in mind.
I encourage you to start by reading this plan as this sets the precedence for all the Council authorities and local planning schemes.
'Plan Melbourne (Melbourne Planning Strategy) is the Victorian Government’s vision for the city to 2050.
It provides us with a clear vision for our future that responds to the challenges of population growth, driving economic prosperity and liveability, while protecting our environment and heritage.
For the first time, the Strategy addresses Melbourne’s infrastructure, housing, employment and environmental challenges with an integrated approach to planning and development that includes land use, transport, and social and community infrastructure.'
Visit http://www.planmelbourne.vic.gov.au/Plan-Melbourne to download your copy!