Posted: Sun May 13, 2007 6:53 pm
^^^^^ why? i cant wait for it to happen.
Adelaide's Premier Development and Construction Site
http://www.news.com.au/adelaidenow/stor ... 01,00.htmlPREMIER Mike Rann has called for 33ha of Commonwealth land in the northern suburbs to be released for the development of affordable housing.
In a letter sent to Prime Minister John Howard yesterday, Mr Rann says Defence Department land at Smithfield could be incorporated into South Australia's $1 billion Playford North Regeneration Project, announced last year.
The State Government plan, one of the largest urban renewal projects in Australia, aims to double the population in the so-called Peachey Belt suburbs of Smithfield Plains, Davoren Park and Munno Para West, where 4000 new homes will be built over the next 15 years.
Mr Rann's letter follows a Commonwealth request for each state to identify land that could be used to create affordable housing.
Huge new land release
Article from: The Advertiser
RHIANNON HOYLE and GREG KELTON
August 14, 2007 03:00pm
FOUR separate parcels of land in Adelaide's north - totalling about 200ha - will be released for residential development, it was announced today.
The land is expected to create about 2600 allotments in Andrews Farm, Blakeview and Evanston South, Minister for Housing Jay Weatherill told a housing summit this afternoon.
The land will be released to the market in four separate stages between October and January.
With an affordable housing target of 15 per cent, it is expected at least 390 allotments will be set aside for affordable housing options.
Mr Weatherill also announced an affordable housing scheme, giving low and moderate income earners exclusive access for 90 days to buy affordable homes in new developments.
In a new package of state housing reforms, homebuyers earning less than $59,000 a year will get the first option to buy many of the affordable homes being put on the market in South Australia.
Properties that fail to sell will then be released on to the general housing market. The measure will involve homes up to a value of $250,000.
The State Government will also inject an extra $20 million into housing for the disadvantaged.
More details to come.
The summit was aimed at developing practical measures that will result in greater affordable housing options for SA.
In his speech to the summit, Mr Weatherill also announced that the Government is developing a:
SOCIAL landlords policy, which will allow private landlords and institutional investors to enter into an agreement to accept lower than market rent in return for secure rental income, assistance with maintenance and insurance and tenant support.
RENT-TO-BUY scheme to allow South Australians to progressively purchase a property.
Under the new housing plan, which Mr Weatherill said was an Australian-first, affordable homes built in new housing developments would be offered exclusively to low and moderate income earners for 90 days.
Former Housing SA properties will be on offer for 30 days.
Up to 8000 Housing Trust homes will be on sale over the next decade as part of the plan to cut the state's housing debt and to fund more affordable housing.
The Opposition has branded the move a "fire sale", arguing there were no guarantees all the money would be used to pay off Housing SA debt or be spent on new homes.
Under state planning laws, 15 per cent of all new housing developments must be classed as affordable housing.
Mr Weatherill said eligible buyers would have to be owner-occupiers of the affordable property and own no other properties.
"The Government is working to increase the supply of lower-cost affordable homes and this initiative will ensure low and moderate income earners will have the first pick of those homes," he said.
Mr Weatherill said the $20 million injection would be committed this financial year for the SA Affordable Housing Trust to enter into new partnerships with the community housing sector.
Key housing industry leaders and local government representatives will speak at the summit.
Issues to be discussed include land use and investment opportunities in affordable housing.
After lifting interest rates last week, the Reserve Bank yesterday signalled it may raise them again before the end of the year.
Federal Treasurer Peter Costello yesterday played down the fears despite a host of market analysts agreeing it was now more likely than unlikely.
The adelaide urban growth boundary:rhino wrote:How big is the green belt between Adelaide Metro and Gawler supposed to be? There doesn't seem to be much space left for it in this scenario. I would have thought that the green belt would have to be at least a kilometre wide to have any integrity (to retain Gawler's "country town" feel). If it's reduced to a narrow linear park, it's just a big wank.