- The housing boom has burst
- Property prices are going to crash
- The market is set to tumble
In April this year it was reported that Victoria has a housing shortfall of 22,000 homes, while Australia’s housing shortfall is expected to worsen beyond 200,000 homes this year, and it is expected that it could reach 500,000 by 2029.
In the Macedon Ranges region, the Settlement Strategy released by the Macedon Ranges Shire Council indicates that we are going to increase our population numbers strongly.
The Settlement Strategy can be downloaded here.
Gisborne is where the strongest expansion will be seen increasing from the 2006 census figures of 8,900 - 14,400 by the year 2036.
Other towns with strong growth are Kyneton, Riddells Creek & Romsey. The in depth report addresses everything from the economics, environment and landscape implications.
Our continued huge expansion is contributed to by our great access to Melbourne, both via the Calder Freeway and Railway lines. Many people living on the outskirts of Melbourne in suburbs like Ringwood, Moorabbin, or Werribee spend longer in their vehicles or on the train than we do each day.
I strongly suggest that you download the Settlement Strategy, reading the implications, both positive and negative, and recommendations to manage growth in the Macedon Ranges.
As we all know the Macedon Ranges will continue to be a great place to live, relax, and enjoy life.
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