Figure 8 Residential Lot supply in Portarlington. Table 9 - Residential Lot Potential by Supply Type Region/Urban Broad Major/ Potential Vacant Rural Total Lots Centre/LGA hectare Minor Infill Residential ‘Urban’ Lots Residential (unzoned) Portarlingon 335 0 250 301 0 886 Source: Spatial Economics – Land Supply and Monitoring Tool 2015 Table 10 Timing of the release of residential supply – Suburb Average 1-2 3-5 6-10 11+ No Total Potential Total Annual Lot years years years years Timing Zoned Residential (lots) Production (lots) (unzoned) July 2006 to March 2013 PortA 33 239 96 0 0 0 335 250 585 Source: Spatial Economics – Land Supply and Monitoring Tool 2015 Table 11 - Urban Vacant Lots Suburb Less than 500-800 sqm 800 to 1200 1200 to 2000 2000 to 5000 Total Lots 500 sqm sqm sqm sqm PortA 2015 39 192 53 7 10 301 Port A 2013 36 191 63 7 12 309 Port A 2006 472 Source: Spatial Economics – Land Supply and Monitoring Tool 2015 and 2008 Portarlington Structure Plan 7.3 Future Growth Lot Supply The previous section set out what supply of land is available for residential development. Two methods are used to forecast future lot supply capacity: Analysing historical lot construction trends; and Analysing historical building approval rates.
Figure 8 Residential Lot supply in Portarlington. Table 9 - Residential Lot Potential by Supply Type Region/Urban Centre/LGA Broad hectare Major/ Minor Infill Potential Residential (unzoned) Vacant ‘Urban’ Lots Rural Residential Total Lots Portarlingon 335 0 250 301 0 886 Source: Spatial Economics – Land Supply and Monitoring Tool 2015 Table 10 – Timing of the release of residential supply Suburb Average Annual Lot Production July 2006 to March 2013 1-2 years 3-5 years 6-10 years 11+ years No Timing Total Zoned (lots) Potential Residential (unzoned) Total (lots) PortA 33 239 96 0 0 0 335 250 585 Source: Spatial Economics – Land Supply and Monitoring Tool 2015 Table 11 - Urban Vacant Lots Suburb Less than 500 sqm 500-800 sqm 800 to 1200 sqm 1200 to 2000 sqm 2000 to 5000 sqm Total Lots PortA 2015 39 192 53 7 10 301 Port A 2013 36 191 63 7 12 309 Port A 2006 472 Source: Spatial Economics – Land Supply and Monitoring Tool 2015 and 2008 Portarlington Structure Plan 7.3 Future Growth Lot Supply The previous section set out what supply of land is available for residential development. Two methods are used to forecast future lot supply capacity: Analysing historical lot construction trends; and Analysing historical building approval rates.
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