Right across Australia, finding an affordable home is becoming harder than ever before. That’s why this Housing Statement puts forward an ambitious plan to tackle the root of the problem: housing supply.
We’re setting a bold target to build 800,000 homes in Victoria over the next decade.
It’s a simple proposition: build more homes, and they’ll be more affordable. But the Government can’t fix the problem alone. We’ll do it in an Affordability Partnership with industry.
We’ll foster the conditions needed to stimulate investment and build high-quality homes, quickly, in the places where Victorians want to live – and the industry will build more social and affordable housing for those who need it most.
We can do all of this and more, because we’ve invested in the skills and training to get the job done – as well as the schools, hospitals and transport that a growing population needs.
Good decisions, made faster
We’re reforming Victoria’s planning system to boost housing supply across the state – clearing the backlog and giving builders, buyers and renovators certainty about how long approvals will take.
Cheaper housing, closer to where you work
We’re making it easier to build more homes, with the best design standards, where Victorians want to live – that means going up and out, not just out.
Protecting renters' rights
We’re closing loopholes that drive up the cost of living for renters, giving renters more certainty over their leases, living standards and finances and resolving tenancy disputes faster.
More social housing
We’re building more social and affordable homes across Victoria – launching Australia’s biggest urban renewal project on top of our Big Housing Build.
A long-term housing plan
We know our state will keep growing – and we know we’ll need a plan to manage that growth in the decades ahead.
425,600 new homes for regional Victoria
As part of our work to build the 2.24 million homes Victoria will need by 2051, we're setting a regional target to build 425,600 of those homes across our regions.
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