Government comes good on funding for Lake Munmorah intersection and 1,300 homes

FOLLOWING A REPORT in CCBR February issue that plans for 1,300 homes to be built in the Doyalson / Lake Munmorah area were in jeopardy as the State Government was stalling on a $5 million contribution for an intersection, we can now report that funds have been found.

Transport for NSW (TNSW) has confirmed that funding of $6.7 million is currently being transferred to them to enable detailed design and construction to start.

“This will allow TNSW to build on momentum and work through the steps to bring fruition realising the potential for the site and unlocking affordable housing for the Central Coast,” the Department said in response to the CCBR article.

A major sticking point in getting approvals for the development has been TNSW insisting on an upgrade of the Pacific Highway / Chain Valley Road intersection at Lake Munmorah that services a wider area.

Three landowners, Vivacity Property, JG Developments, and the Darkinjung Local Aboriginal Land Council are anxious to get moving with their projects that will see over 800 homes built at Chain Valley Bay with Vivacity saying they could start construction of 270 homes immediately.

The rezoning of the urban release area was completed in December 2022 and the construction of the first projects are programmed to begin in 2024 subject to Council approval which has been held up due to TNSW.

The Central Coast’s housing crisis was highlighted at a Business NSW Housing Summit in September last year as the most significant issue facing the region as population is forecast to grow to over 400,000 residents by 2041 requiring an additional 43,000 homes.

The issue has major social implications for the region and land availability, apart from a speedy development approval process, and was highlighted as the most important issue facing government at all levels.