The Rural City of Murray Bridge is proposing an amendment to unlock three key parcels of land to the south-west of the city for residential development.
The proposal, which covers 1,13 hectares of land, is set to allow housing development of up to 1,000 new homes.
Rural City Mayor Wayne Thorley said this presents an opportunity for Murray Bridge to grow and support the expanding workforce.
“This is also an opportunity for home buyers to be part of one of the fastest growing communities in South Australia — all with a country lifestyle,” he said.
“It also enables us to seek additional support services for the residents of Murray Bridge and is a great outcome for our thriving community.”
The proposed changes will be presented to Minister for Planning Nick Champion for determination.
Mr Champion said he had recently written to councils to make clear the responsibilities they have in strategic planning for their communities and encourage them to lead local development through proposed zoning changes.
“We encourage other councils to strategically lead similar code amendments to free up more land for residential properties,” he said.
“Increasing land supply in the right places, backed by good infrastructure and amenities, will create more diverse and affordable housing options to meet the needs of our state’s growing population.”
The proposal to unlock these sites for residential development is in line with the state government’s fast-tracking what will be the single largest release of residential land in the state’s history – set to deliver at least 23,700 homes.
According to Hotspotting, Murray Bridge is one of the most reliable investment hotspots in the state given its location and accessibility to Adelaide.
“Murray Bridge has also lured new residents with the promise of job opportunities with several agricultural, manufacturing, and tourism businesses recently expanding their facilities, or planning to increase operations in the near future,” said Hotspotting director Terry Ryder.
“A key attraction for first-home buyers is the low median house price – just over $300,000. For investors, the low vacancy rate, which has been under one per cent since April 2020, adds further appeal.”
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Photo grabbed from www.murraybridge.sa.gov.au.
