Our recommendations would reduce developer contributions for the Box Hill Precinct
Developers could pay around $3,000 less per dwelling for the development of local infrastructure in the western Sydney Box Hill Precinct, as a result of recommendations by the Independent Pricing and Regulatory Tribunal (IPART).
Developers currently pay around $51,000 per typical house in the Box Hill Precinct, which goes towards providing local infrastructure such as roads, cycleways, stormwater facilities, parks and sporting facilities. IPART recommends that future developers pay around $48,000 per typical house.
Our assessment ensures that developers pay the reasonable cost of providing local infrastructure required by new developments in Box Hill.
Developers in the Box Hill Precinct will provide $233 million towards transport infrastructure, including upgrades to major roads - Boundary Road and Terry Road. A further $163 million will pay for essential stormwater infrastructure and $276 million for parks and sporting facilities.
We have made findings and recommendations to:
- Reduce the cost of half-width roads fronting non-developable land that are included in the plan for the first time
- Remove the cost of land that is not required for public infrastructure
- Increase the cost of upgrading Boundary Road that should be paid by developers in Box Hill.
The Final Report on IPART’s review of The Hills Shire Council’s Contributions Plan No.15 Box Hill Precinct is available here.