New homes go­ing up

Southern Riverina news - - NEWS -

Fifty-six new homes were given devel­op­ment ap­proval in Ber­ri­gan Shire Coun­cil’s four towns in the last fi­nan­cial year, point­ing to strong growth and in­ter­est in the South­ern Rive­rina.

Ber­ri­gan Shire Coun­cil devel­op­ment man­ager Lau­rie Stevens said the home con­struc­tion in­dus­try in Tocumwal had been ‘‘boom­ing for a num­ber of years’’.

He said paired with the in­tro­duc­tion of the NSW Gov­ern­ment’s hous­ing af­ford­abil­ity pack­age — pro­vid­ing healthy fi­nan­cial in­cen­tive to buy or build your first home — de­mand will only rise.

Mr Stevens said the in­creased in­ter­est had al­ready led coun­cil to en­sure house blocks are ready for new res­i­den­tial de­vel­op­ments, with sub­di­vi­sion projects be­ing un­der­taken in both Tocumwal and Fin­ley.

‘‘We sus­pect the Tocumwal build­ing boom fol­lowed on from the Mel­bourne build­ing boom,’’ he said.

‘‘A num­ber of fam­i­lies from places such as Mel­bourne have looked at build­ing in Tocumwal, learnt they can buy a block for $50,000 to $60,000, build their dream home, and still have money left over for su­per­an­nu­a­tion.

‘‘On av­er­age Tocumwal builds 24 houses a year, but in the last fi­nan­cial year there were 26 — about 95 per cent of those new dwellings would have been erected.’’

In Ba­rooga, 21 new houses were built in 2016/2017 while Fin­ley saw five and Ber­ri­gan four.

‘‘The two river towns con­sis­tently draw strong in­ter­est for those want­ing to build be­cause of their great lo­ca­tions,’’ Mr Stevens said.

‘‘The towns will con­tinue to grow and in Ba­rooga the av­er­age num­ber of homes built per year is 14, so to see a jump like that is fan­tas­tic for the re­gion.

‘‘In the past year or two, Tocumwal has also seen a lit­tle spike in dwellings de­mol­ished.’’

Mr Stevens said a 107-lot sub­di­vi­sion has been ap­proved for Tocumwal to cater for the in­creased in­ter­est, with the first stage of pro­vid­ing con­nec­tions in the works.

He said the first 40 lots will be built in Bru­ton St.

‘‘In the late 1990s to 2000s, there was a surge in sub­di­vi­sion ap­provals in Ba­rooga and Tocumwal, and most have been taken up in the past 10 to 15 years,’’ Mr Stevens said.

‘‘One area in Tocumwal is al­most full, and coun­cil will con­tinue to cre­ate more sub­di­vi­sion lots to stim­u­late growth.’’

In June this year, the coun­cil also re­leased four more res­i­den­tial devel­op­ment blocks in Fin­ley, as part of a long-run­ning growth project.

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