The Property Council welcomes the opportunity to contribute to the Victorian Government’s consultation on developing a plan for Victoria. We recognise that the proposed strategy, Plan Victoria (the Plan), will integrate and implement strategies across various agencies to support growth aligned with its core pillars:
- Affordable Housing and Choice
- Equity and Jobs
- Thriving and Liveable Suburbs and Towns
- Sustainable Environments and Climate Action
- A Vision for Geelong
We commend the Victorian Government (the government) for its proactive approach and are hopeful for the opportunities and certainty the Plan will provide. Victoria’s property sector urgently needs clear guidance to effectively deliver new homes, workplaces, and public spaces, driving economic growth and creating opportunities over the next thirty years. Our submission spans 13 chapters, addressing various facets of the property sector, including residential, industrial, commercial, and retail. It:
- identifies current challenges within these sectors and explores their immense potential to bolster Victoria’s economic growth;
- emphasises the property sector’s pivotal role in driving Victoria to be a vibrant, sustainable state with thriving employment, dynamic precincts, and a diverse population; and
- underscores the critical importance of the property sector in meeting pressing housing needs both now and, in the future, ensuring Victoria’s continued economic and social prosperity.
Our submission makes several key recommendations aimed at fortifying the Plan, laying a robust groundwork for Victoria’s future development.