Business News
The state government will consider reforms for lifestyle villages and land lease models to be added to the housing mix, the planning minister says.
Planning Minister John Carey said the state government would look into facilitating more land lease communities to cater for other demographics, including legislative reforms.
Mr Carey made the commentary at Stockland’s unveiling of its display village at the $239 million Halcyon Wildflower project in Piara Waters, the group’s first land lease community in Western Australia.
“The Acts that govern lifestyle villages don’t fall within the housing or planning portfolios,” he said.
“It falls within the commerce and local government portfolios, but those ministers have flagged an interest to reform the rules so that we can enable more of this [land lease] product out the door.
“Let’s be frank, we need all types of housing. This is a really exciting, innovative model, and I hope Western Australians really do embrace it.”
Urban Development Institute of Australia WA chief executive Tanya Steinbeck, who also attended the event at Stockland’s Piara Waters site, estimated a capacity of up to 20 land lease communities and more than 6,500 properties over the next decade.
“The nature of construction in land lease communities is modular. It is faster to deliver than a traditional four by two double brick home so there are distinct time frame advantages as well,” she said.