$116m affordable land package driving growth in the Peel region

The Regional Land Booster will reduce industrial, commercial and residential lots throughout the Peel region. Photo: File image.
The Regional Land Booster will reduce industrial, commercial and residential lots throughout the Peel region. Photo: File image.

The McGowan government's $116 million Regional Land Booster is set to boost the economy and jobs in the Peel region, with 25 development-ready lots receiving a reduction in price.

The reduced DevelopmentWA lots include industrial, commercial and residential lots throughout the Peel region.

Lot prices in Mandurah Junction Stage 2 now start from $90,000, saving land buyers up to $11,000.

Other areas included in the Regional Land Booster within the Peel region include the Pinjarra Industrial Estate, with prices from $235,400.

Mandurah MP David Templeman says the affordable land packages will support local businesses. Photo: File image.

Mandurah MP David Templeman says the affordable land packages will support local businesses. Photo: File image.

Mandurah MP David Templeman said more affordable land in the Peel region will stimulate the local building and construction sector, driving business investment and creating local jobs.

"The McGowan Government's Regional Land Booster will support Mandurah businesses by stimulating residential and industrial construction in the region, which has experienced a downturn as a result of COVID-19," he said.

"More affordable land will also support local jobs, drive population growth and provide long-term benefits for businesses in the region."

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The Regional Land Booster comes in addition to the state government's $20,000 Building Bonus Grant and the Commonwealth Government's HomeBuilder grant.

Eligible land buyers will be able to take advantage of up to $69,000 in State and Commonwealth building and home ownership grants.

For more information, visit http://www.developmentwa.com.au

More details to come.