Victorian Government Approves New Suburb In Melbourne

Victorian Government Approves New Suburb In Melbourne

Mt Atkinson

Minister for Planning Richard Wynne today approved the detailed precinct structure plan for Mt Atkinson, a new suburb aimed at boosting housing affordability and job creation.

The 1500-hectare precinct, south-west of Caroline Springs, will feature more than 8,000 dwellings and will house 22,000 people over the next 15 years.

An in-principle agreement with Mount Atkinson Holdings and Stockland will see two Government schools built, land acquired for a future train station and other first-class community facilities.

A Growth Areas Infrastructure Contribution of more than $100 million paid by the developers will also cover a CFA station and early delivery of a new bus service connecting to Rockbank Station

An artist’s impression of Mt Atkinson

“Mt Atkinson is going to be a great place to live and to raise a family, with jobs for locals on their doorstep and affordable housing so that young Victorians can achieve their dream of home ownership.” Minister Wynne said.

Sports grounds, a conservation reserve, community centres and kindergartens are also funded under a separate agreement with the Melton Council.

The Labor Government is helping young Victorians break into the housing market by abolishing stamp duty for first-time buyers on homes up to $600,000 and cutting stamp duty on homes valued up to $750,000. The government has also doubled the first homeowners grant to $20,000 in regional Victoria.

The community will create up to 19,000 long-term jobs in retail, commercial, industrial, office, education and home-based businesses.

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