Ballarat (Ballarat city)
The Urban Development Program identifies greenfield land as land zoned for an urban residential use, such as land zoned General Residential Zone.
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 2018 and June 2022) and a shorter-term time period (between January 2020 and June 2022).
Recent population trends
Over the last decade, population in the City of Ballarat has grown by 18,000 people to reach a population of 113,500. Around 1,000 dwellings per year have been built over the last 10 years to accommodate that population growth. Most growth has been in large greenfield estates on the fringes of Ballarat, including Alfredton and Lucas.
Greenfield land is made up larger lots commonly referred to as englobo land supply. It is classified as either:
- unzoned future residential land; or;
- zoned future residential land.
At end of June 2022 there were an estimated 35,645 retail lots in unzoned and zoned englobo greenfield land. There were also enough potential major residential infill sites for an estimated 1,211 retail lots. Major infill is not included in the greenfield years of supply calculation.
Estimated retail lot supply, June 2022
Alfredton/Lucas and South Western Growth
Retail lots released with a title
Between 2018 and 2021 retail lot production has been averaging around 1,250 lots p.a. Since 2018 the level of retail lot production has been varied. In the first half of 2022, 616 lots have been released in Ballarat.
Greenfield retail lots with a title, 2015 to July 2022
Size of greenfield retail lots
Since 2018 there has been a steady increase in lots between 300 and 499 m2. In the first half of 2022 this smaller lot size made up 63% of lots approved.
Size of greenfield retail lots with a title, 2015 to July 2022
Estimated retail lot yield by englobo lot size
Page last updated: 24/10/22