Deputy Leader of the Opposition and Shadow Minister for Planning and Infrastructure, Michael Daley has today visited Broadmeadow with Member for Newcastle, Tim Crakanthorp where they called on the Berejiklian Government to get serious about housing affordability in Newcastle.
The large State Government-owned ‘Locomotive Depot Precinct’ site has been earmarked for private development, but despite an increasing demand for affordable housing in Newcastle, the plans do not require the construction of a single affordable dwelling.
The land, close to Broadmeadow Station and the Hunter Sports and Entertainment Precinct, would be of great interest to developers looking to secure prime land in Broadmeadow.
Mr Daley confirmed that under a Labor Government, when Government land such as the Locomotive Depot Precinct is sold and rezoned for residential development, 25 per cent of all dwellings will be set aside for affordable housing.
Labor’s housing affordability plans include conducting a full audit of publicly owned land and the creation of an Affordable Housing Land Register to ensure Government land holdings that are suitable for housing can be developed with a mix of housing types to accommodate all those in need of housing.
With only 30 affordable dwellings being provided in the CBD as part of the development of the former rail corridor, and one Hunter Street mall unit recently setting a new apartment price record for Newcastle, housing affordability is at a breaking point.
Quotes attributable to Shadow Minister for Planning and Infrastructure Michael Daley MP
“Housing affordability is not just a Sydney issue, and Novocastrians are finding themselves priced out of the market while the Liberals sit on their hands.
“Labor has a comprehensive plan to address housing affordability, and under a Labor Government key sites like the Locomotive Depot and the rail corridor would not simply be flogged off to the Liberals’ developer mates.
“Labor believes that everyone deserves a home, and this plan delivers that. It would give first home buyers a leg up, accommodate downsizers, and keep kids from having to move away from their communities. It would be a game changer for places like Broadmeadow.”
Quotes attributable to Member for Newcastle Tim Crakanthorp MP
“Newcastle is quickly pricing a lot of potential home buyers out of the market and this cannot continue.
“To own your own home should not be in the ‘too hard’ basket. It should be more attainable, not just for the rich and well-off.
“This piece of land in Broadmeadow would be a good start to Labor’s plan. More and more people are moving out of Newcastle to buy affordable homes, we want to be able to keep them here!“