The UDP provides an analysis of the supply and demand for residential and industrial land across Greater Shepparton.
The UDP was updated to assess the supply and demand for residential and industrial land on 31 March 2019. The 2019 UDP was received and noted by Council at the Ordinary Council Meeting (OCM) held on 15 October 2019.
The 2019 UDP work is a valuable resource for all those involved in the development industry.
Following the OCM held on 18 August 2020, Council engaged Spatial Economics Pty Ltd to assess the adequacy to meet likely future demand of the areas identified for future residential and industrial development in the Shepparton and Mooroopna 2050: Regional City Growth Plan July 2020 (Growth Plan).
The report uses a normal and high growth scenario (higher and lower than the Victoria in Future 2019 projections used by the Victorian Planning Authority in the Growth Plan) to test the robustness of Shepparton and Mooroopna’s planned land supply.
The report concludes that:
- regarding residential land, even under the higher growth scenario Shepparton and Mooroopna have sufficient residential land (zoned and unzoned) to satisfy demand until 2050; and
- regarding industrial land, there is between 13 to 20 years of zoned supply. In addition, there is a 20 to 31 year supply of industrial land identified, but not yet zoned, for future industrial use.