A JOINT venture development between the State Government and Stockland will deliver 2,700 housing lots in the next 10 years at Wungong Reach, in the city of Armadale.
Housing Minister Troy Buswell today announced that the first 18 lots would be sold from Saturday August 20 as part of the State Affordable Housing Strategy aimed at providing more affordable housing options for all West Australians.
“The vision for Wungong Reach is to build a master planned community around the area’s natural landscape and waterways, which includes the Wungong River,” Mr Buswell said.
“The development of 311 hectares of combined landholdings is expected to yield 2,700 lots across the next 10 years and include a town centre, high school, primary school and significant open space, parklands and recreational areas.
“Many of the lots at this development will be priced within the reach of first homebuyers to allow them to enter the housing market.
“Public Private Partnerships are an important element of the State’s strategy and the joint venture at Wungong Reach is a great example of its practical application.”
Wungong Reach is about 27 kilometres south-east of the Perth CBD, with the joint venture landholdings located in the suburbs of Haynes and Hilbert.
The Minister said the south-east metropolitan area was a key growth region for WA.
“Due to Wungong Reach’s location in a key growth corridor, affordable housing opportunities will be increasingly important,” he said.
“We are looking at innovative ways to meet this increased demand including developing smaller block sizes and smaller units.”
The first 18 lots range in size from 300 sqm to 627 sqm. Further releases will occur as lots become available.
For further information please visit http://www.stockland.com.au/home-and-land/wa/wungong-reach_about-wungong-reach.htm.