Property owners face potential major financial losses under proposed amendments to the City of Stirling town. Many people with R 40 zoned sites are likely to be unaware that they may not be able to develop the property to its full potential in the future. The proposed planning amendment will prohibit apartment type dwellings in any areas zoned less than R60. Currently this is only prohibited in areas zoned R35 and below. This will have significant effects on the development potential of residential blocks in many areas of the city boundaries. Suburbs that may be affected include, Balga, Nollamara, Westminster, Joondanna, Innaloo, Yokine, Balcatta, Doubleview, Scarborough and Tuart Hill. If approved, the down coding will mean that sites that may accommodate six or eight apartments may now only be suitable for two or three villas or townhouses. We are currently suggesting land owners to act now to preserve the development potential and value of their assets. While different styles of development are suitable for different suburbs, a blanket banning of apartments at zonings less than R60 is a blunt and ineffective way to run a planning scheme. The State Government made changes to the residential planning codes to allow for this type of development in order to cater for a change in household sizes and to help slow down the never ending sprawl of the city. Every local council in Perth will have to accept some higher density and diversity of housing and the City of Stirling is no exception. It is critical for property owners to be aware of the quite significant lost financial potential that these proposed changes will have for them.
Posted on: Mon, 02 Dec 2013 13:33:44 +0000
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