East Gippsland

As measured from July 2006 to June 2012 residential building approval activity within the Shire of East Gippsland has averaged 391 per annum. The vast majority of building approvals (94%) since July 2006 have been separate houses, the remaining 6% for medium density dwellings.

Projected dwelling requirements sourced from Victoria in Future 2012 indicate that from 2011 to 2031 there will be a total dwelling requirement of 10,139 (507 average per annum) required across the Shire of East Gippsland.

In total (excluding existing vacant residential lots) there is a residential supply of 8,686 potential lots.

It is estimated, based on the identified supply and Victoria in Future 2012 demand projections, there is over 15 years total supply of residential land stocks across the Shire of East Gippsland.

As at November 2011, there was a total of 337 hectares zoned industrial land stock across the Shire of East Gippsland, of which 92 hectares were assessed as available (supply) for industrial purpose development - a total land area vacancy rate of 27%.

Based on analysis of aerial photography and stakeholder consultation, the consumption of land for industrial purposes has averaged 11.7 hectares per annum between 2005 and 2011.

In total, there is in excess of 15 years of industrial zoned land within the municipality based on the average annual rate of land consumption in the period 2005 to 2011.