Fast-track powers used on ‘apartments for the rich’

Victoria's Development Facilitation Program fast-tracks projects councils cannot contest if 10 per cent of homes are affordable, or developers pay a 3 per cent levy instead. A 134-home Abbotsford complex won approval with no affordable housing. Maxwell Shifman said the criteria favour luxury projects over the missing middle.

As I told The Age: “The Melbourne apartment market is being dominated by either high-end, owner-occupier projects or developments subsided by social housing”

I also said: “There is no mid-market for apartments at the moment.”

Fast-track powers used on ‘apartments for the rich’
Fast-track powers used on ‘apartments for the rich’ (page 2)

The Age, 17 August 2025Read the full article