Smart Zones

Profit as Perth Evolves

Smart Zones

  • Inner & Middle Ring Suburbs
  • Established Infrastructure
  • Recently ReZoned
  • ReZoning Pending
  • Locations with Mature Infrastructure
  • Transport, Shopping, Employment, Schools, Medical
  • Suit Changing Household Demographics

Why is Perth ReZoning

  • Directions 2031 and Beyond – Western Australian Planning Commission
  • Published August 2010
  • Outlines the intent of all Government Planning Policy for the Perth and Peel region.
  • “…By 2031, Perth and Peel people will have created a world class liveable city: green, vibrant, more compact and accessible with a unique sense of place…”
  • The five key elements are Liveable, Prosperous, Accessible, Sustainable and Responsible.
  • “…Directions 2031 seeks a 50 per cent improvement on current infill residential development trends of 30 and 35 per cent….and has set a target of 47 per cent or 154,000 of the required 328,000 dwellings as infill development”.
  • “…Directions 2031 seeks a 50 per cent increase in the current average residential density of 10 dwellings per gross urban zoned hectare; and, has set a target of 15 dwellings per gross urban zoned hectare of land in new development areas…”
  • Planning for a city of 3.5m people by 2050.
  • Urban Infill development to account for 47% of all new residential supply

Target Zones

Opportunity for You to Profit

 

 

“…By 2031, Perth and Peel people will have created a world class liveable city: green, vibrant, more compact and accessible with a unique sense of place…”

“…Directions 2031 seeks a 50 per cent improvement on current infill residential development trends of 30 and 35 per cent; and, has set a target of 47 per cent or 154,000 of the required 328,000 dwellings as infill development”.

 

“State government will also provide advice and assistance to local governments responsible for ……. achieving the Directions 2031 housing …… targets”.

“Local governments need to be responsible for developing realistic, market-oriented plans and strategies for encouraging innovative infill …… development”.

“….. targets will be achieved only if the private sector developers are willing and able to invest in higher density housing projects”.

“Investment must be seen as an attractive proposition which meets the expectations of the market in terms of the buyer’s preference”.

“A cultural and attitudinal shift towards infill is also needed”.

How is Perth ReZoning

  • Department of Planning
  • Western Australian Planning Commission
  • Residential Design Codes (The R Codes)
  • In 1985 and tightened in 1991, the State Government formalised development of land with the Residential Design Codes.
  • The R Codes outline the minimum sizes and development controls (setbacks, open space, heights etc.) for lots at a particular zoning.
  • The Coding is laid out as “R = Residential” followed by the number of projected dwellings per hectare of developable land.
  • So “R20” is “Twenty residential dwellings per hectare”.
  • The R Codes have been further updated only a few times since their inception; namely Oct 2002, Nov 2010 and the most recent Aug 2013.
  • “State government will also provide advice and assistance to local governments responsible for ……. achieving the Directions 2031 housing …… targets”.
  • “Local governments need to be responsible for developing realistic, market-oriented plans and strategies for encouraging innovative infill …… development”.
  • “….. targets will be achieved only if the private sector developers are willing and able to invest in higher density housing projects”.
  • “Investment must be seen as an attractive proposition which meets the expectations of the market in terms of the buyer’s preference”.
  • “A cultural and attitudinal shift towards infill is also needed”.

Profit as Perth Evolves

Your chance to profit as Perth evolves into a Vibrant International City.

The Western Australian Planning Commission has initiated a fundamental shift in the future Lifestyle for Perth residents via it`s Directions 2031 Housing Strategy.

At the core of the Housing Strategy is increased housing density in areas close to Major Transport Links and Major Activity Centres (shopping and employment centres).

This is being done by amending the Zoning in these locations to allow for Boutique Medium Density Housing to replace existing low density housing.

There is a substantial pent up, or latent, demand from Singles, Couples without Children and Downsizers for this type of accommodation.

You can Profit from this Opportunity. 

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