Today’s announcement from the Turnbull government that $1.5 billion of Commonwealth funding will be now be made available for new infrastructure projects in Victoria comes as welcome news according to Master Builders Association of Victoria CEO Radley de Silva.
Residential building approvals in regional Victoria..
It appears a lack of affordable housing in Melbourne is the key driver for venturing to regional Victoria seek more affordable.
Apartments and units driving decline in housing approvals..
The latest building approvals data for Victoria has been released, showing an overall decline in approvals, with apartments/units.