The city of Melbourne expects to be a leader in planning for growth and technological advancement. Affordable housing is the essential infrastructure required to support Melbourne’s ambitions for a livable, inclusive, and prosperous city. the shortfall of 5,500 affordable homes in the City of Melbourne. By 2036 we will need 23,200 additional affordable homes to meet our future needs. the municipality has changed significantly.

Melbourne’s commercial heart has transformed into a vibrant, 24-hour city with a diverse residential community. Our established neighborhoods and evolving urban renewal areas and have excellent access to public transport, jobs, and education. Between 2011 and 2016, median rent increased by 12.5 percent, while household incomes only grew by 0.15 percent during this period.

The City of Melbourne is Victoria’s fastest-growing municipality. The residential population is estimated to grow by approximately 100,000 – that is more than 42,000 additional households. Greater Melbourne’s population is forecast to grow from 5 million people today to 8.5 million in 2051. Due to the growing population, rising housing costs, low wage growth, and insufficient investment in social and affordable housing. Housing is an essential infrastructure for our city and is vital to the functioning of our society and economy. Infrastructure Victoria’s 30-Year Strategy (2017) identifies investment in affordable housing for vulnerable Victorians.