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Mayoral Comment-2-325x130

 

For the past two years Blayney Shire Council has been investigating ways to stimulate residential development in the town of Blayney and in particular increase the number of new parcels of land available for building a new house.

During this time, Councils convened a well attended community workshop with a variety of stakeholders, has had numerous meeting with land developers and investigated several options around our fees and charges associated with land development.

Unfortunately, none of this work has created any new building blocks in our town so Councillors have decided to purchase and develop a new residential subdivision in Plumb Street.  We are seeing an increase of interest in people wanting to build and invest in Blayney and with the potential new mine at Kings Plains we are determined not to miss the opportunity to develop high quality residential blocks and encourage our town and shire to grow.

Our investigations have revealed that there is current and future demand for new blocks yet there is still a price gap in the market that private developers cannot fill at the moment.  Blayney Shire and region is well placed to capitalise on future population growth and investment in Central NSW but we must be able to offer existing and new residents quality blocks to build on and grow our community.

After a long period of exploring different options I’m really excited by this initiative to develop this land and create some momentum in our real estate as well as acknowledging how confident that we are in the future of Blayney township and our Shire.

Council has the advantage of being able access a very low interest loan from the state government directly supporting this type of development and infrastructure, which is great timing for our project. 

We will now progress with the Development Application for the land and will start considering the options for building the new street and infrastructure as well as a future marketing strategy.  I am confident that this real estate development will be well received and will provide the confidence and encouragement to the private sector to enter the market and invest in our community into the future.

Last modified: 23 May 2018

Blayney Shire Council

91 Adelaide Street, Blayney NSW 2799
PO Box 62, Blayney NSW 2799
Telephone: (02) 6368 2104
Email: council@blayney.nsw.gov.au

Council opening hours:
Monday to Friday
9.00am - 4.30pm

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