1. Michael Scott
MANAGING DIRECTOR
THE TREADSTONE COMPANY

2. Introduction What is Housing Diversity? Why do we need it?
How is it going to be delivered?
What is Liveability?
LANDCOM 2011 SUSTAINABILITY CONFERENCE

3. What is Liveability? Our Cities, Our Future
Federal Government’s Urban Policy for a Productive, Sustainable and Liveable Future
Linkages between future funding for infrastructure and this Urban Policy including the agreed COAG criteria
LANDCOM 2011 SUSTAINABILITY CONFERENCE

4. What is Liveability? Chapter 5 Liveability
Facilitate the Supply of Appropriate Mixed Income Housing [Diversity]
Support Affordable Living Choices [Affordability]
Improve Accessibility and Reduce Dependence on Private Motor Vehicles [Public Transport]
Support Community Wellbeing [Cycling and Walking]
LANDCOM 2011 SUSTAINABILITY CONFERENCE

5. What is Liveability?
“Australian Government funding for significant infrastructure will be dependant on States and Territories having plans in place that deliver on the nine agreed COAG agreed criteria”
“The current and projected supply of dwellings does not match the changing needs of the growing population in terms of quantity, diversity, accessibility and affordability”
“Encourage the development of urban areas that promote healthy lifestyles through cycling and walking networks, recreation facilities and high quality public spaces”
LIVEABILITY is about Housing Choice and the Village
LANDCOM 2011 SUSTAINABILITY CONFERENCE

6. What is Housing Diversity?
Infill and Renewal Sites
Existing markets and established communities
Different developers
Good examples of Housing Diversity including apartments
New Communities
Recent examples of 30 dwellings/hectare
No apartments (feasibility or market aspirations)
Responding to change and affordability
Shift to more Housing Diversity
LANDCOM 2011 SUSTAINABILITY CONFERENCE

7. Tour Examples of Infill Sites
LANDCOM 2011 SUSTAINABILITY CONFERENCE

8. New Communities
LANDCOM 2011 SUSTAINABILITY CONFERENCE

9. What is Housing Diversity?
LANDCOM 2011 SUSTAINABILITY CONFERENCE

10. What is Housing Diversity?
LANDCOM 2011 SUSTAINABILITY CONFERENCE

11. What is Housing Diversity?
Landcom’s Housing Diversity Guide
Compact Housing Types
Cottages (single and two storey) on 150m2 – 250m2 lots
Terraces (single and two storey) on 113m2 – 240m2 lots
Strata Studio Apartments over rear garages
Some stacked units (cottage construction)
LANDCOM 2011 SUSTAINABILITY CONFERENCE

12. Cottages
LANDCOM 2011 SUSTAINABILITY CONFERENCE

13. Terraces
LANDCOM 2011 SUSTAINABILITY CONFERENCE

14. Terraces
LANDCOM 2011 SUSTAINABILITY CONFERENCE

15. Strata Studios
LANDCOM 2011 SUSTAINABILITY CONFERENCE

16. Strata Studios
LANDCOM 2011 SUSTAINABILITY CONFERENCE

17. Why do we need Housing Diversity?
The Drivers of Change
Social – Demographics + Health
Economic – Affordability + Services
Environmental – Sprawl + Consumption
Costs of Living Pressures
Shift from Monthly Cost of Purchase to Running Costs
Home Buyers views of Debt + Savings
Availability of Credit (homebuyer or builder)
Aspirations “Own Home on Own Block”
LANDCOM 2011 SUSTAINABILITY CONFERENCE

18. LANDCOM 2011 SUSTAINABILITY CONFERENCE

19. LANDCOM 2011 SUSTAINABILITY CONFERENCE

20. Why do we need Housing Diversity?
Demand for traditional large detached homes is declining Becoming a smaller market segment (375m2 is the new 450m2) Shift the fight for market share to more supply (10,000 new homes) Need to widen the market offer (40% or 4,000 compact per year) More compact housing $ 300,000 to $ 450,000 Increase housing supply and rate of sale
LANDCOM 2011 SUSTAINABILITY CONFERENCE

21. How will it be delivered?
Real Circles for Village Amenity
Village focus, recreation facilities and transport ready
Infrastructure Funding Model
Federal and State Taxes (GST + Stamp Duty = $70,000)
Developer Contributions (SIC + Section 94 = $70,000)
Change to Regulation
Move away from one speed minimum standards
Diversity by allowing % at different minimum standards
Apartment alternative, Torrens Title with POS, Setbacks etc.
LANDCOM 2011 SUSTAINABILITY CONFERENCE

22. How will it be delivered?
Display Homes
Alternative to apartments
Must be able to walk through
Create new standard housing types
House + Land Packages
Land developer and home builder maintain roles
Release of subdivision plan prior to construction
Need for delivery controls on “House + Land Package”
Construction loan funding (Valuers + Banks)
LANDCOM 2011 SUSTAINABILITY CONFERENCE

23. How will it be delivered?
Pipeline of Supply for Targeted Initiatives
ACT Affordable Housing Action Plan 20% of New Homes
LDA’s OwnPlace Program
Eligible Purchasers
Retirement Housing (Options other than Retirement Village)
Mixed Tenure (Private Owners + CHP’s)
Institutional Investment
LANDCOM 2011 SUSTAINABILITY CONFERENCE

24. Questions?
Mike Scott | Director | The Treadstone Company Pty Ltd Mobile |
LANDCOM 2011 SUSTAINABILITY CONFERENCE