More land releases for Blackwater and Moranbah
More land releases for Blackwater and Moranbah
Posted on Monday, August 06 2012 at 4:43 PM
Buying an investment property in the Queensland mining towns of Blackwater and Moranbah could soon be more affordable, with more than 1000 land allotments about to be fast tracked.
Queensland Deputy
Premier Jeff Seeney says the government will initially spend $15 million over
the next nine months delivering 185 housing allotments in Moranbah and
Blackwater.
“That land will
be available by next March,” Seeney says.
“I have also
tasked the Urban Land Development Authority (ULDA) transition team to work
closely with Isaac Regional Council to assist it in the early delivery of its
Belyando Estate (in Moranbah), which will deliver 1000 lots to the market.
“Secondly, I have
tasked my department and ULDA team to collaborate with Western Downs and
Maranoa Regional Councils and the Gladstone Regional Council to identify
projects that they can accelerate to deliver housing more quickly in the Surat
Basin and Gladstone respectively.”
Premier Campbell
Newman says the process of land releases will also expand to other Queensland
towns, including Mackay, the Darling Downs, Burnett and Central Queensland
coasts, Cairns and Mt Isa.
“Under the
previous government, the ULDA’s activity was focused on delivering housing at
the low end of the market and was limited to small releases at a time,” Newman
says.
“This will be
totally turned around, where appropriate. Land held in urban development areas
by the ULDA will be released to the market for housing development.
“There has been
obvious market failure in towns like Moranbah and Blackwater where there’s an
inadequate supply of land and therefore of affordable housing.
“Our action now
will change that in the shortest possible time.”
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