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The Urban Development Program (UDP) identifies land as it is transformed from paddocks (englobo land) to lots for homes (titled lots).
Greenfield land
Residential greenfield land is former rural land on the fringe of the existing urban area that is typically developed for detached houses. The availability of englobo land acts as a stock of future residential lots.
As of June 2022, Macedon Ranges greenfield land has the capacity to produce around 1,583 residential lots. These lots are at different stages of development:
- 587 proposed greenfield lots in the process of being subdivided.
- 996 lots from englobo land – zoned for residential use.
In the 12 months to June 2022, there were 289 greenfield lots titled across the growth areas.
Major residential infill
Major infill are residential sites that are parcels of land in previously developed areas, over 1 hectare and expected to yield 10 or more residential lots. There were enough potential major residential infill sites for an estimated 213 residential lots.
Estimated lot supply, June 2022
| Area | Unzoned | Zoned | Proposed | Total Supply |
|---|---|---|---|---|
| Gisborne | 0 | 717 | 540 | 1,257 |
| Kyneton | 0 | 279 | 47 | 326 |
| Greenfield total | 0 | 996 | 587 | 1,583 |
| Major infill | 0 | 117 | 96 | 213 |
| Total | 0 | 1,113 | 683 | 1,796 |
Greenfield lots with a title
A titled lot is serviced by core infrastructure such as roads, water, drainage, and electricity so a dwelling can be built. Since 2015 an average of 115 lots have been titled per year across Gisborne and Kyneton with the majority in Gisborne which has average 97 lots per year. Yearly totals have varied from less than 50 lots in 2016 and 2020 to nearly 350 in 2021. Greenfield development can be varied in smaller towns due to fewer estates.
Titled greenfield lots
Size of greenfield lots
The size of greenfield lots can change estimates of future supply. Between 2015 and 2020 the majority of lots titled were greater than 650 m2. Since 2020 lots between 500 to 649 m2 have become more common. The recent decrease in titled lot size informs the UDP’s estimate of the number of residential lots which can be produced from future greenfield land. This indicates that growth areas may have increased capacity to accommodate residential development than previous estimates.
Percentage of titled greenfield lots by size
Years of greenfield residential supply remaining
Years of Greenfield supply remaining is a calculation of the total estimated stock of lots divided by the average number of lots being titled per year. These estimates of the number of years of supply are based on the average rate of lots released over a longer-term time period (between January 2015 and June 2022) and a shorter-term time period (between January 2020 and June 2022).
| Lots titled per year | Zoned lot supply | Zoned years of supply | |
|---|---|---|---|
| Short term | 168 | 1,583 | 9 |
| Long term | 115 | 1,583 | 14 |
Major infill is not included in the calculation of greenfield years of supply.
This estimate is a guide to future consumption of residential land. Future estimates will change as land is consumed, but also as the expectations for density and or built form in the greenfield areas evolves over time.
Page last updated: 24/06/24