10/06/2023
The South Australian government has approved another mass land release to boost the number of homes amid housing unaffordability and a shortage of rental properties across suburban Adelaide.
Key points:
The project includes 800 homes at Aldinga, 600 at Noarlunga Downs and 500 at Golden Grove
Premier Peter Malinauskas says there is a minimum target of 15 per cent affordable housing
Master Builders SA says it will help boost affordability "across the board"
With work to begin next year and the first residents expected to move in by 2026, the project will set aside blocks for about 1,900 homes at Aldinga and Noarlunga Downs south of the CBD and at Golden Grove in Adelaide's north.
Premier Peter Malinauskas said a minimum target of 15 per cent affordable housing had been set, but developers would be encouraged to "exceed those targets".
"Our population is now growing at a rate that we haven't experienced for some time in South Australia and that is putting pressure on the housing market," he said.
"We're going to need a lot more people coming into our state to fulfil the economic trajectory we're on. We know that thousands of workers are going to be required for the AUKUS project alone, but they need somewhere to live.
"That's why we've got to get blocks on the market ASAP, so that tradies can get to work building those homes."
The largest of the proposed developments will be at Aldinga, where two areas have been set aside for 800 homes, either side of land earmarked for a future extension of the Seaford rail line.
The government said that project would be led by its urban development agency, Renewal SA, which will "start its search for a development partner" this week.
At Golden Grove, 500 homes will be built on land that is currently privately owned but will be rezoned for residential use.
The government said residential development would "not occur within a 300-metre buffer" around a local quarry.
The Noarlunga Downs development of 600 homes in the vicinity of Goldsmith Drive will include 80 social houses, and will be under the control of Renewal SA and the SA Housing Authority.
"Land supply is by far the biggest factor that determines housing affordability and there's been a real crisis in South Australia over the past few years," Master Builders SA chief executive Will Frogley said.
"The cost of land's gone up by about 30 per cent in many areas.
"Today's announcement gives thousands more South Australians the opportunity to own their own home."
board".
"Building new homes is also the only way to address South Australia's rental property problem. There's a severe shortage,"
