The former Greater Taree City Council ticked off more than $64 million in building approvals in the Manning Valley in the 12 months to June 2015.
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The approvals numbered 233 and represented a 26 per cent increase in dwelling approvals, according to an economic update produced by Manning Valley Business Chamber and Regional Development Australia Mid North Coast NSW. The number of approvals in the former Greater Taree local government area was lower than the Mid North Coast increase of 34 per cent.
The approval of 233 dwellings in the 2014-15 financial year compared to the 2013-14 result of 185 building approvals with a value of more than $50 million.
MidCoast Council recently addressed the issue of housing and planning infrastructure in its Draft Manning Valley Local Strategy. The strategy revealed the housing market is dominated by detached housing, at a level of about 78 per cent, which is contrary to the growing trend for smaller dwellings and ‘universal housing’ that allows people to stay in their home as they age.
Our population is changing and by 2036 more than one third of our population will be over the age of 60 and around two-thirds of our households will be couple-only or single-person.
Currently only 16 per cent of housing in the Manning Valley is made up of townhouses, units and retirement housing. The State goal is for multi-unit housing to represent 40 per cent of all new housing.
