This article is from the Australian Property Journal archive
THE Western Australian government is investing almost $35 million in the upcoming State Budget to supply more development-ready land for housing in state’s regions.
The injection into regional land development in Cook government’s 2024-25 State Budget will be split across the Kimberley, Karratha and Goldfields.
“Through our 2024-25 State Budget, the Cook Government is investing an additional $34.8 million in development-ready land to fast-track progress, help meet growing demand in the North West, Pilbara and Goldfields regions and provide more development-ready lots – including for social and affordable housing,” said John Carey, minister for lands and housing.
“By increasing the supply of land, we are helping to build strong and vibrant communities and stimulate both economic and social growth in regional Western Australia.”
$16.8 million is being invested into Kalgoorie, with the funds to unlock 32 residential lots in Stage 5 of GreenView at Karlkurla, including three lots earmarked for social housing.
$13 million has been allocated for Karratha, with 51 new lots to be unlocked in Madigan at Baynton West, with seven lots to be used for social housing and additional lots to be made available for Government Regional Officer Housing.
“I am very proud to be part of the Cook Labor Government as we continue to invest millions of dollars into the Pilbara community, to provide more housing options for our growing community,” said Kevin Michel, Pilbara MLA.
“This $13 million investment will provide 51 new development ready lots which will provide new homes for people in the Pilbara community.”
23 new larger sized lots will also be delivered in early 2025 to support an increase in the resident workforce.
Additionally, $5 million will be invested to unlock 26 development-ready lots in Stage 13 of Broome North’s Waranyjarri Estate, including three multi-residential social housing lots, two single residential social housing lots and three lots set aside for key government workers.
