00:02A suburb on an upward trajectory.
00:05And this is all about making Melbourne fairer.
00:08Caulfield's in line for a Box Hill style glow up,
00:11with newly announced government plans paving the way for 20 storey apartment towers.
00:17And I think that's probably a bit high.
00:18They can't just place these high rises without any additional services.
00:23The bonus is providing a lot more flexibility for people who can't afford to buy a house.
00:28The new height limit proposed for Caulfield is the tallest among plans for 23 suburbs released by the government.
00:36Known as activity centres, they're aimed at adding 300,000 new homes along key train and tram lines.
00:44Beyond Caulfield, the tallest buildings, limited to between 10 and 16 storeys,
00:49will be allowed in just a few sites near stations.
00:53Our growing suburbs have shouldered the burden of new homes for too long,
00:57while our inner suburbs, the ones that are really well connected, have basically locked out Victorians.
01:04This push to build more housing comes as new national data shows rental affordability is at an all-time low.
01:12In Victoria, the cost of renting rose 33.6% over the past five years.
01:19If the investors are not prepared to actually build new homes in Victoria,
01:23that's going to do nothing for Victorians who are looking for a place to call home,
01:27and it will do nothing when it comes to affordability.
01:29The new activity centre plans will be put out for consultation,
01:33but there's some concern previous consultation was shallow.
01:36It's really important as the community grows that we don't lose what makes this place such an attractive place to
01:43live.
01:43A difficult balance to find.
01:45A difficult balance to find.
01:47A difficult balance to find.
01:48A difficult balance to find.
01:48Exact fit andартnez.
01:48A fairly significant balance to find.
