ILRP 2017-18 to 2020-21

Decorative

INDICATIVE LAND RELEASE PROGRAM

2017–18 TO 2020–21

Each year the ACT Government prepares a four-year Indicative Land Release Program (the Program) to accompany the Territory Budget. The Program sets out the Government’s intended land releases of residential, mixed use, commercial, industrial, and community and non-urban land.

The Program is designed to align and support the Government’s strategic priorities for economic growth and diversification, suburban renewal and better transport, enhanced liveability and social inclusion, and health and education. The Program also enables Government to deliver on a range of policy initiatives including those related to land development, housing affordability, public housing renewal, suburban sustainability, and to seek and promote international investment opportunities in the ACT land market.

Land release contributes to the financial, social and environmental objectives of the Territory by seeking to:

  • Stimulate urban renewal by activating key gateways to the city and commercial centres;
  • Facilitate housing diversity and deliver affordable housing choices;
  • Maintain an appropriate inventory of land in the planning and land development pipeline for future release;
  • Meet the demand for land in the Territory across all sectors and support investment in the Territory economy;
  • Support the operation of a competitive land development and construction industry; and
  • Achieve satisfactory returns to the Government from the sale of unleased land and its surplus property assets.

The 2017-18 to 2020-21 Indicative Land Release Program delivers land releases in three greenfield estates across Canberra from Gungahlin in the north, to the centrally located Molonglo Valley, with releases on both sides of the Molonglo River, and to the west of Belconnen.

This Program also delivers opportunities for new development and renewal along the entire length of the Light Rail Network, with commercial and mixed use opportunities in the Gungahlin Town Centre and a number of renewal precincts on Northbourne Avenue to the City.

As the ACT Government continues to renew its ageing public housing properties, there will be opportunities for new residential development in Canberra’s more established suburbs. In addition to releasing opportunities for the renewal of key inner city precincts, over the coming years the Government will deliver investment opportunities across a number of tourist attractions and event venues.

Expressions of interest will be sought for an exciting opportunity to determine the next stage of development of Stromlo Forest Park.

With demand continuing to grow from the local, national and international community, the site has significant capacity to expand and increase the range and type of facilities for visitors.

Stromlo Forest Park

Stromlo Forest Park is a world-class active recreation park designed to offer facilities for running, walking, mountain biking, cycling or horse-riding within just 15 minutes drive from the Canberra city centre.

With trails and tracks for all levels, as well as a criterion cycling circuit and the event pavilion, Stromlo Forest Park is a perfect cycling destination for professionals and rookies alike.

The current Master Plan identifies opportunities for development including group accommodation, retail facilities and installation of a chairlift/gondola to the top of Mount Stromlo.

Residential

The overall residential land release target is 16,250 dwelling sites over the next four years. 4,120 dwelling sites are scheduled for release in 2017-18, with 1,450 of these in greenfield estates in Gungahlin, Molonglo and Belconnen (through the Ginninderry joint venture).

Englobo residential releases are programmed for Lawson stage 2 (2017-18) and the remaining development sites on Kingston Foreshore (2019-20).

A key focus for the residential program is to maintain a stable pipeline of sites to build new houses and units at a level that is over and above underlying demand. This strategy is aimed at relieving pressure on prices and to assist with housing affordability for home buyers and renters.

The residential program is also a key component of the Government’s current Affordable Housing Action Plan.

The Program allocates land for public and community housing, as well as providing sites for dedicated affordable home ownership.

Over the past five years the Government’s strategy of accelerating greenfield land releases and stimulating suburban renewal has resulted in the release of more than 20,200 dwelling sites to the private market and a build up in inventory of medium to high density development opportunities.

This level of release has enabled a significant increase in the construction of multi-unit dwellings as the market responds to the certainty and benefits of stage one of the Light Rail Network.

Over the short term, it is anticipated that the supply of dwelling sites will be above the underlying demand for new housing if population growth continues at current estimates.

The Government will continue to closely monitor the market and continue to consult with the private sector about market sentiment and the pace of construction on previously released sites.

Should market conditions change, the program will be adjusted accordingly.

Industrial

While population growth is a key driver of the demand for industrial land, economic conditions have a significant impact on the take up of industrial land.

Government initiatives to support the development of a freight hub and to improve Canberra’s access to international growth markets have stimulated recent interest in the industrial land market.

Over the next four years, the supply of industrial land will expand to three new estates in Symonston (2017-18), Fyshwick and Majura Valley (2018-19). This is in addition to the current inventory of land available in Hume.

Releases in these estates may still be impacted by the Commonwealth decision in relation to the Eastern Broadacre Strategic Assessment under the Commonwealth Environment Protection and Biodiversity Conservation Act 1999.

The industrial land release strategy is designed to be flexible enough to respond to changes in market interest and demand and targets the release of 160,000m2 of land across the four-year program in the four industrial estates.

Mixed Use

Mixed use commercial releases respond to a number of suburban renewal initiatives along the Northbourne Avenue Corridor and in commercial centres, particularly the town centres of Belconnen, Gungahlin and Woden.

Mixed use development is also planned in new suburbs to encourage people to live within commercial centres and along transport corridors to provide more diverse housing choices to support the development of vibrant communities.

Additionally, releases along the Northbourne Avenue Corridor, the inner city, Gungahlin Town Centre, Wright and Kingston Foreshore are planned as part of the 264,100m2 of mixed use land release over the next four years.

Commercial

In line with investment in light rail, the remaining commercial core development site in the Gungahlin Town Centre is programmed for release in 2019-20.

A number of other commercial mixed use development sites in the Gungahlin Town Centre are also programmed for release over the coming years, including a commercial business site (2020-21). The initial land release in the Molonglo commercial centre is anticipated in 2020-21 as Molonglo becomes one of the fastest growing districts in Australia.

Commercial releases in Moncrieff (2017-18) and Taylor (2020-21) will provide the opportunity for new supermarket and retail developments to cater for establishing suburbs in north Gungahlin.

Commercial releases in the existing group centres of Wanniassa (Erindale) (2017-18) and Mawson (2018-19) will also deliver opportunities for additional supermarkets in these areas.

An opportunity for a small commercial development in Charnwood will be released (2019-20) as a result of the disposal of a surplus government property. Overall, the four-year commercial land release target is for 120,970m2 of land.

Community and non-urban

Land for a non-government school site in North Wright (2018-19) and another in the Ginninderry joint venture in Belconnen (2019-20) are scheduled for release.

Non-government school sites will be released through a new Expression of Interest process in order to provide transparency, and to harness community value to both the school and non-school community.

The release of land for aged care and retirement living is guided by a demand model that is used to inform government about the number of dwellings and placements required to meet the needs of the sector.

Sites in Ngunnawal (2017-18), Gungahlin Town Centre (2018-19), Monash (2018-19), and Calwell (2020-21) are identified for housing opportunities for our ageing community.

Various other community sites suitable for development for a range of community uses are available for release over the four-year program in the newly established Gungahlin suburb of Moncrieff, Gungahlin Town Centre (2018-19), Taylor and Throsby (2020-21), and the Molonglo suburbs of Wright and Coombs (2018-19).

Community land will be released in the existing communities of Macgregor and O’Malley (2017-18), and Amaroo (2019-20). Over the next four years a total of 323,240m2 of community and non-urban land is programmed for release.

The links below provide a detailed overview of the current program as well as individual maps by year.

The links below provide a detailed overview of the current program as well as individual maps by year.

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