Skip to playerSkip to main content
  • 2 days ago
Adelaide is set to welcome a new beachside suburb that will one day be home to nearly eight-thousand residents. But the housing development isn't without its challenges and comes as Adelaide's median house price nudges closer to 1 million dollars.

Category

📺
TV
Transcript
00:01An old refinery with a new vision and a simple name.
00:06Well we've got a West Beach and now we have a South Beach.
00:08Probably could have been more creative.
00:10Developer Mab Corporation given the green light for a new suburb at the Old Port Standback Oil Refinery.
00:15It's coastline to be open to the public and the land earmarked for more than three and a half thousand
00:19new homes.
00:20Not just small 100 or 200 square meter blocks but large family blocks for families to live in.
00:27But the first of those homes won't be completed for three years.
00:30The refinery, which was closed by Exxon Mobil in 2003, left contaminants in the soil which need to be remediated
00:37before residents move in.
00:38Some of the material might have to leave the site, some of it will stay on the site and be
00:42treated.
00:43No one is going to live on this site or work on this site unless it's deemed to be safe.
00:47This isn't the first complex industrial site the government wants to fill with new housing.
00:52It's also pushing to remediate the Dry Creek salt fields and land near a Selix Beach quarry.
00:57Despite the extra time these sites can take, the government argues it hasn't got all its eggs in one basket.
01:03Many of the projects we're putting in place now will serve South Australians for decades into the future.
01:09But it's still tough for South Australians in the present.
01:12Valuer General data shows when Labor took office the median sale price for a house in metropolitan Adelaide was $650
01:18,000.
01:19It's soared since then. Other measurements now put it well over the million dollar mark.
01:24What we've seen from other places around the nation is prices easing off but that's not happening in South Australia.
01:30Government loves to have a press conference but we're not seeing the results on the ground when it comes to
01:35housing.
01:35We completed more homes last year than ever before, than ever before.
01:40We've got more homes under construction than ever before.
01:43A housing debate that won't end at South Beach.
01:45A housing debate that won't end at South Beach.
01:46A housing debate that won't end at South Beach.
01:46minist harmonise health care.
01:46오이 You know we'd play cold network of Z

Recommended