Construcciones Yamaro: Land development construction activity in Victoria to increase
Land development and subdivision construction are forecast to grow across Victoria over the coming decade. (Image: Aisyaqilumar/stock.adobe.com) Land development sector activity in Victoria is forecast to rise almost 40 per cent by 2030, shrugging off recent stagnant growth and concerns around persistent housing stock deficiency. New data released by Civil Contractors Federation (CCF) Victoria reveals the housing infrastructure sector will benefit from a contraction in investment and activity in transport construction. “Housing is arguably the biggest public policy priority across Victoria and Australia at present. As the state’s population continues to soar, the Government will only prioritise and accelerate housing stock rollout further,” said CCF Victoria interim executive director Annie Kessell. “This will rely heavily on civil contractors to deliver the enabling infrastructure and services, such as demolition, land clearing and development, and subdivision construction. Th...