JavaScript disabled. Please enable JavaScript to use My News, My Clippings, My Comments and user settings.

If you have trouble accessing our login form below, you can go to our login page.

If you have trouble accessing our login form below, you can go to our login page.

Gungahlin gears up for $2b home build

Land Development Agency chief executive David Dawes.

Land Development Agency chief executive David Dawes. Photo: Graham Tidy

The ACT government forecasts more than $2 billion worth of home building in Gungahlin's new suburbs over the next 15 years.

The Land Development Agency chief executive David Dawes said about 10,500 dwellings would be constructed in Moncrieff, Throsby, Kenny, Jacka and Taylor.

Depending on demand, they would be developed at a rate of between 500 and 1000 dwellings a year.

But grappling with transport demands and commercial development to build a critical mass remains a challenge for the northern suburbs.

ADCO Constructions has begun the $28.7 million Gungahlin Leisure Centre, completing excavation for 50-metre and 25-metre swimming pools. The centre will also have water play areas for children and a gym.

The town centre's enclosed oval has turf, goal posts, nets and fencing completed, while tenders are being evaluated for a $6.5 million grandstand.

Gungahlin Community Council says the town centre still lacks job opportunities, restaurants and children's entertainment. The council's president, Ewan Brown, is worried that tougher Commonwealth environmental legislation will reduce housing in new suburbs and slow the pace of infrastructure development.

He said decisions on the Gungahlin-Civic transport corridor and light rail were holding up town centre developments. ''At the same time we are getting this continued massive development along Flemington Road which is bringing more and more people into the area and we are not seeing a commensurate increase in commercial facilities.

''We are hoping the release of the national broadband network service in February will be a goer and stimulate interest.''

He welcomed funding for digital hubs at Gungahlin Library.

''I would hope it would attract a whole lot of small businesses into the area to really capitalise on Gungahlin being a first NBN serviced community.''

Mr Dawes said that over the next decade and a half civil works including the laying of services for housing estates would cost about $700 million with an additional $200 million for capital infrastructure including main roads and new intersections.

''In addition, the construction of schools to service the new suburbs is anticipated to see an investment of a further $120 million and expenditure on commercial and retail space of around $50 million,'' Mr Dawes said.

Work is under way on Bonner's $64 million school and Franklin's $28 million school.

The Catholic Education Office is building the John Paul College in Nicholls for years 7 to 12.

The government expects to announce a tender in June for a cinema complex in the town centre with work to begin in the second half of next year.

4 comments

  • Working on 500 dwellings a year would require a population increase in the North of over 1000 people p/a. Add this to current development in the North and other development in Woden Valley and Googong we have a massive property bubble on the horizon that cannot really be sustained by the population growth (influx and next generation).

    Not what I call sustainable development - more a pyramid scheme.

    Commenter
    Outraged of Palmerston
    Date and time
    January 28, 2013, 11:15AM
    • Assuming the Liberals win the election and take to the public service with a hatchet, where is David Dawes going to get enough people to fill 10,500 new dwellings?

      Commenter
      farnarkler
      Location
      Canberra
      Date and time
      January 28, 2013, 11:46AM
      • Investors and home buyers be warned....you know as soon as articles like this start rolling out that it is the worst possible time to buy. You will note all the property bulls have been filling the media over the last few months with a tonne of these type of buy now, about to boom, never been a better time etc, rubbish articles. This all stinks of desperation, and the ending of one of the biggest ponzi property bubbles in Australia. Anyone with half a brain can see that property prices are about to crash hard unlike any bubble pop ever seen around the world. Those that doubt (usually those with a vested interest) lets talk in another 12 months when this unwinding is well and truly underway.
        Only a fool would be going anywhere near property purchases for a long time yet. Why pay some bank a heap in extra interest when if you are smart and wait you will save a fortune!

        Commenter
        pete
        Date and time
        January 28, 2013, 1:24PM
        • I wouldn't buy in Gungahlin even in a rising market!

          Commenter
          Xyz
          Date and time
          January 28, 2013, 8:15PM
      Comments are now closed
      Featured advertisers

      Special offers

      Credit card, savings and loan rates by Mozo