CITY OF DREAMS

Residential development reaches $66m, but commercial growth on council’s agenda
WEB Dean Rees 8 pe c8 20200207
OPTIMISTIC: Wangaratta mayor Dean Rees in front of the Cruse Street residential area believes business growth is a factor in good residential development. PHOTO: Steve Kelly

RESIDENTIAL development in Wangaratta has been on a steady increase over the last three years with building permits issued in 2019 valued at more than $66 million.

It was a $10m rise on 2018 figures and up $14m on 2017, but according to Wangaratta mayor Dean Rees, it’s only the tip of the iceberg with new land rezoning expected to unlock a residential boom in the city.

With residential growth there needs to be more jobs to support it and Cr Rees said council has negotiations in the pipeline that if they mature will provide jobs locally.


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