May 12th, 2026Hundreds More Homes Approved In Build-To-Rent Capital
The state government says Melbourne continues to lead the nation as the build-to-rent capital, with hundreds more rental homes approved.
Minister for Planning Sonya Kilkenny has approved almost 800 new Build-to-Rent homes in Docklands and Fitzroy – close to great public transport, jobs, shops and services:
- 554 homes on La Trobe Street, Docklands
- 243 homes at 159–167 Johnston Street, Fitzroy
The Docklands project will deliver a mix of studio to three-bedroom apartments next to Marvel Stadium, within walking distance of the CBD and well connected to public transport.
The Fitzroy development will deliver a mix of studio to three-bedroom apartments, next to Johnston Street’s iconic strip of shops, close to trams, buses, and services.
Eligible build-to-rent developments completed and operational from January 2022 until December 2031 receive a 50 per cent land tax concession for up to 30 years and a full exemption from Absentee Owner Surcharge.
Projects can also be fast-tracked through the Development Facilitation Program, helping get homes built sooner.
As a result, more than 70 per cent of build-to-rent homes completed in Australia last year were in Victoria.
