Increase in Building Price Index

Posted on 30 October 2017

Type: Public Notice

 

The 2017 updates to the development contributions schedules have now been completed.  The below tables summarise the changes from 1 July 2016 to 1 July 2017.

Traralgon North Development Plan

Levy

Amount
(July 2016)

Amount
(July 2017)

Development Infrastructure Levy (DIL) Contribution(excluding drainage) per ha

$168,119.46

$171,501.99

Drainage Levy Catchment A
(Sub-catchments 1, 2 & 3) per ha

$35,859.66

$36,467.46

Drainage Levy Catchment B
(Sub-catchments 4) per ha

$32,757.89

$33,373.89

Drainage Levy Catchment C
(Sub-catchments 6) per ha

$16,415.81

$16,714.06

Community Infrastructure Levy ($/dwelling)

$     900

$     900

Morwell North West Development Plan

1 July 2016 Figures

1 July 2017 Figures

Development Infrastructure Levy (DIL) Contribution per ha

$     110,888.77

$    114,051.71

Total Main Catchment Area Contribution

$12,457,245

$12,812,570

External Contribution (Council)

$  2,445,819

$  2,519,438

Lake Narracan Precinct Structure Plan

Levy

Amount
(July 2016)

Amount
(July 2017)

Development Infrastructure Levy (DIL) Contribution per ha

$167,892      

$172,743

Community Infrastructure Levy

$881

$881

 

A copy of the updates can be viewed at:

http://www.latrobe.vic.gov.au/Building_and_Planning/Development/Development_Contribution_Plans

For further information, contact the Urban Growth team on (03) 5128 5751 or via e-mail urbangrowth@latrobe.vic.gov.au