In August 2015, the government released the Victorian Government Landholding Policy and Guidelines (PDF, 527.89 KB) that provide the framework for the ongoing ownership and purchase of land owned by the Victorian government.
The policy and guidelines:
- articulate the reasons why government departments and agencies may purchase or retain land
- promote the highest and best use of government owned land
- require government departments and agencies to review their land holdings annually
- incorporate the First Right of Refusal process, which provides other State, local and Commonwealth Government agencies a period of 60 days in which to express interest in purchasing land that has been declared surplus, for a government or community purpose, prior to the land being offered for sale.
When a site is no longer required by the landowning agency, it is first offered for sale to all other Victorian government departments and agencies, as well as to the relevant local government and the Commonwealth government. Once it is determined that there is no other government purchaser for future service delivery, the site is determined to be surplus to requirements and will be sold.
Land holdings that are determined to be surplus are sold to:
- Reinvest in new infrastructure such as schools, hospitals and public transport.
- Reduce the cost of governments services and deliver more services.
- Eliminate unnecessary expenditure on maintenance and security services and vacated sites.
- Provide for the renewal of sites which are no longer required