Melbourne high-density development vs heritage: population booms as affordability declines - realestate.com.au

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Melbourne high-density development vs heritage: population booms as affordability declines - realestate.com.au
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High-density development is taking over Melbourne’s inner and middle rings, but with housing affordability at its worst ever — a delicate balance must be struck

The Piedemonte family has approval to build apartments above its iconic grocer.can reveal Stonnington , Yarra and Port Phillip as the council areas that have built the most high-density dwellings in the past 10 years.

Whitehorse Towers in Box Hill became the tallest building outside the Melbourne CBD in 2017. Picture: Mark Stewart “It’s adopted deregulating the planning system and minimised the rules to open up vast areas in established suburbs to developers. Basically, the government is saying ‘we’ll minimise the rules and let developers make all the decisions’,” he said.

PropTrack director of economic research Cameron Kusher said development of the inner and middle rings was incredibly important for overall affordability and liveability. Ray White chief economist Nerida Conisbee said development in Melbourne had been “great” and the city had done a better job at mediating affordability than Sydney.

“In many desirable suburbs around Australia there’s a lot of backlash against higher density, but at the same time they really need it because it’s really difficult for people to downsize in place because suitable accommodation is not available to them,” she said. “Few western cities allow such a massive assault on its heritage and amenity, it’s not generally done, governments find other ways to achieve their ends.The scale and height of controversial developments by Gurner at 26-56 Queens Pde and the Piedemonte family above its iconic grocer in Fitzroy North were fiercely opposed by local residents, leading to amendments to original plans that were ultimately approved.

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