Get the latest news to your email inbox FREE!

REGISTER

Get the latest news to your email inbox FREE!

REGISTER
HomeIndyNBN slug to push up land prices

NBN slug to push up land prices

By JOHN VAN KLAVEREN

LAND buyers throughout Geelong face extra costs of up to $1900 a lot under a new National Broadband Network (NBN) greenfields rollout plan.
Federal Govenment has yet to finalise the plan but NBN new developments manager Julian Nachmias has written to developers warning of the impending charges.
The “network deployment” charges will cost an extra $400 per multi-dwelling unit and $600 for single-dwelling units for all new developments approved by NBN Co after 1 March.
Developers are also fighting a proposed “backhaul” fee to connect their estates to the NBN, which could add more than $1000 per lot in additional connection expenses.
Most sales of new lots in the region already include an NBN charge of around $800 to connect fibre to the home.
Geelong has thousands of lots for sale in estates including Armstrong Creek, Curlewis, North Geelong, Highton, Marshall, Oakdene, Portarlington, Leopold and Drysdale.
More estates are planned for Lara, Lovely Banks and on the Bellarine Peninsula to cope with an expected 70,000 new residents by 2031.
Mr Nachmias told developers the NBN was “beginning to operationalise some of the key policy changes related to cost recovery”.
“The government is introducing infrastructure charging to promote fairer and more effective competition, thereby creating greater efficiency, innovation and choice in the provision of telecommunications infrastructure in new developments in the long term.”
Urban Development Institute of Australia Victorian executive director Danni Addison said strong lobbying had succeeded in convincing the Government to delay parts of the new plan.
Ms Addison said developers’ backhaul contribution had been delayed to 1 July.
The backhaul cost would be up to 50 per cent of the first $1000 per lot and 100 per cent of costs in excess of $1000 per lot where NBN Co does not have a backhaul connection and must lay a new cable.
Implementation of a $300 end-user charge for new connections has also been delayed to 1 July.
“The new backhaul charges were originally due to take effect from 1 March and their delay is a major win for the development industry, allowing developers time to prepare,” Ms Addison said.
She said lobbying had also won concessions for developers, requiring NBN Co to provide early planning information, indicative costs and reduce backhaul costs through co-development with other utilities.
“UDIA continues to oppose the introduction of the charges and will continue to lobby the Federal Government on these issues.”

Digital Edition
Subscribe

Get an all ACCESS PASS to the News and your Digital Edition with an online subscription

World-class cycling returns

Thousands of cyclists will ride across Geelong, the Bellarine and Surf Coast roads next week as The Cadel Evans Great Ocean Road Race returns....
More News

Man ejected from van following crash

A man has been arrested after being fully ejected from an allegedly stolen vehicle in Geelong South overnight. Police officers attempted to...

Australia Day across the region

Community members across Geelong and the Bellarine can participate in many free events for Australia Day on 26 January. Connewarre Wetland Centre will...

Improving regional bus networks

Residents from Geelong and the Bellarine will be able to have a say on their regional bus networks to identify any gaps or improvements....

Plovers killed

Dog owners could face two years in prison and fork out almost $50,000 in fines if they are found to have contributed to the...

Sailing into town

Festival of Sails will cruise back into Geelong’s shores for a bigger than ever year, full of waterfront festival celebrations and world-class sailing. ...

Hot rods roar to life

One of the region’s biggest classic car and hot rod events will roar back to life for another year in Queenscliff. Queenscliff Rod...

Queenscliff wins at Clifton Springs

Independent photographer was at Clifton Springs Bowls Club as the home side went down to Queenscliff in Division 2 of midweek bowls on Tuesday...

16-year low for water storages

Greater Geelong’s water storages are at a 16-year low, closing out 2025 at a combined capacity of 47.2 per cent. It is the lowest level...

Battling illegal dumping

Geelong roadside maintenance crews are appealing to the community to stop illegal dumping and save ratepayers money. City of Greater Geelong has...

Summer cranks up

Summer seems to have upped its game a notch and Independent photographer Ivan Kemp went to Ocean Grove main beach on Tuesday 20 January...