In a class of its own

BENDIGO’S residential Strategy will be reviewed because of greater than expected growth.

The State Government has announced a grant of $50,000 to carry out the review.

The review is needed because, according to the State Government, 40 per cent of the forecast growth between 2006 and 2031 had already been realised.

Regional Development Parliamentary Secretary Damian Drum made the announcement this morning.

Mr Drum said the Bendigo Residential Strategy Review would deliver greater community and investor certainty, helping the region grow.

“The Bendigo Residential Development Strategy was adopted in 2004 and is currently being audited because of the faster than anticipated growth that has occurred in Bendigo in recent years,” he said.

“Strong residential growth has many flow-on economic benefits and having a clear framework for future development will position Greater Bendigo City Council to undertake more detailed, place-based planning in the future.”

Deputy Premier Peter Ryan said about 40 per cent of the forecast growth between 2006 and 2031 had already been realised.

The Residential Strategy impacts directly on where and how property developments use “infill” parcels of land, range of housing styles and also on housing affordability.

“This project will review the strategy, assess current and estimated land supply and demand and consider various legislative and policy changes,” Mr Ryan said,

“It will also consider the latest demographic data and establish a new strategic framework to guide the long-term residential growth of Greater Bendigo.

“The project will result in a revised residential strategy that will give developers, the community and service providers greater surety and confidence about where land can be developed for residential purposes, and that sufficient land is available to accommodate the City of Greater Bendigo’s future growth.”

Mr Ryan said a contemporary strategic planning framework was essential to the economic development of a large regional centre like Bendigo.

“Clearly identifying future growth options and supporting infrastructure needs will enable the Greater Bendigo City Council and other infrastructure providers to plan their capital works programs well in advance,” he said.

“Identifying long-term growth areas will enable the council and other service authorities to start planning for the delivery of services, thereby minimising the lag time between when residential development occurs and when the services need to be in place.”

Bendigo Weekly | Bendigo Weekly | 16-Feb-2012

MAIDEN GULLY

51 Andrews Road
Elders Real Estate Bendigo
Martin Skahill
5443 1744/0427 431 744
Price $1.75m-$2.05m
Inspect By appointment

BYRONSVALE, a 182-acre property located on the fringe of Maiden Gully, is in a class of its own.
The picturesque private position, undulating treed landscape, seasonal creek and vineyard provides an idyllic setting for historic buildings – a tribute to 19th century architecture.
The residence, built in the late 1860s, and the stables, 1870, were erected using sandstone quarried on the property. They have now been restored to perfection.
In 1999 the stables were converted to three fully self-contained boutique-style suites, featuring open plan living, split-system airconditioning, undercover parking and outdoor living; and provide ideal accommodation for guests, corporate entertaining or B&B.
The magnificent home set in a romantic garden has been extended in sympathy with the bygone era. Character statements include verandas, polished floorboards, high ceilings, Victorian cornices and timber fretwork. Several open fireplaces are complemented by three split-system airconditioners.
Elegant two-bedroom accommodation features formal entrance, formal dining-lounge, open-plan kitchen and adjoining family with bay window.
Also included is a study, laundry with storage and bathroom with claw-foot bath.
Of special interest is the rustic sandstone staircase to the two-roomed wine cellar complete with fireplace, sink and storage.
Outdoors is a covered entertaining area overlooking the beautiful gardens and a double garage.
The 3.3-hectare vineyard features shiraz and cabernet sauvignon vines planted in the 1960s. Grazing land is suitable for horses or agricultural pursuits.
More features: hay and machinery sheds, chicken run, ample water from extensive catchment dams, domestic bore water, two-megalitre water right and five water tanks with a capacity of 31,000 gallons and a separate 20.3-acre block with huge lake-sized dam, the water of which can be utilised on the home property.
For further details, view our website at www.eldersbendigo.com.au, ID 3890573.
Supplied by Elders Real Estate