Yar­ra­wonga a ma­jor re­gional cen­tre

Yarrawonga Chronicle - - Front Page - BY EMMA PRIOR

Yar­ra­wonga has been cho­sen as a fu­ture key re­gional cen­tre for North­ern Vic­to­ria in a growth man­age­ment strat­egy de­vel­oped by the Vic­to­rian Plan­ning Au­thor­ity.

Yar­ra­wonga was cho­sen for the strat­egy due to its rel­a­tively high growth rate and de­vel­op­ing role as a re­gional cen­tre for homes, jobs and ser­vices.

At the Novem­ber Moira Shire Coun­cil meet­ing, State Govern­ment fund­ing was ap­proved to be sought from the Vic­to­rian Plan­ning Au­thor­ity to un­der­take the next step of de­vel­op­ing a frame­work plan.

The ap­proved growth man­age­ment strat­egy stated that growth in pop­u­la­tion, in­vest­ment and em­ploy­ment will cre­ate chal­lenges that need to be man­aged ef­fec­tively to en­sure that Yar­ra­wonga re­mains a great place to live, work and visit.

Yar­ra­wonga Moira Shire Coun­cil­lors Peter Mans­field and Wendy Buck both agreed the man­age­ment strat­egy is a pos­i­tive for the town with Cr Mans­field say­ing; “this is a great map of where our town is head­ing,” with Cr Buck adding; “It’s re­ally thrilling to have been selected and this could mean great things for Yar­ra­wonga to come.”

To ob­tain the in­for­ma­tion the strat­egy was de­liv­ered in three stages with stage one be­ing a prepa­ra­tion of a back­ground anal­y­sis re­port in­clud­ing de­tailed eco­nomic and labour force anal­y­sis, re­gional bench­mark­ing and in­ter­pre­ta­tion of lo­cal and re­gional eco­nomic is­sues.

The sec­ond stage saw the prepa­ra­tion of fore­casts and the growth model, sum­marised in the fore­casts re­port, in­clud­ing fore­casts of pop­u­la­tion, dwelling re­quire­ment, fu­ture floorspace de­mand, em­ploy­ment de­mand and em­ploy­ment vol­ume by in­dus­try type.

The third stage re­quired prepa­ra­tion of an Ex­ec­u­tive Re­port sum­maris­ing key find­ings and out­puts from stages 1 and 2.

Some key find­ings from the man­age­ment strat­egy were: • Us­ing a medium growth sce­nario, Yar­ra­wonga’s pop­u­la­tion is ex­pected to grow by 861 within 5 years; 3346 in 20 years; and 6150 by 2051. • Un­der the same sce­nario, jobs are ex­pected to grow by 245 within 5 years; 954 in 20 years; and 1766 by 2051. • Again un­der this sce­nario, new dwelling de­mand is ex­pected to be 374 within 5 years; 1454 in 20 years; and 2674 by 2051. • Com­mer­cial and re­tail floor space is ex­pected to in­crease sig­nif­i­cantly over the pe­riod. • There is ad­e­quate res­i­den­tially zoned land

to meet this growth. • Jobs growth will drive re­tail and com­mer­cial floor space de­mand, but there is suf­fi­cient ex­ist­ing land avail­able to meet these needs. • There is suf­fi­ciently zoned in­dus­trial land, but to meet fu­ture needs more of it will have to be re­leased to the mar­ket. It is also pre­dicted that an age­ing pop­u­la­tion is ex­pected to see job growth in ser­vices, health, re­tail and con­struc­tion at the ex­pense of de­clin­ing tra­di­tional in­dus­trial sec­tors.

Sug­gested ac­tions con­tained in the strat­egy in­cluded reg­u­lar mar­ket as­sess­ment to mon­i­tor growth ac­tiv­ity, de­vel­op­ment of frame­work plans and un­der­tak­ing stake­holder en­gage­ment with key land­hold­ers to iden­tify will­ing­ness to ad­vance land to mar­ket.

These sug­ges­tions form the ba­sis of rec­om­mended ac­tion in re­sponse to the re­ceiv­ing of the Yar­ra­wonga Growth Man­age­ment strat­egy.

Yar­ra­wonga has been cho­sen as a fu­ture key re­gional cen­tre for North­ern Vic­to­ria.

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.