The built environment has value. Most commonly, that value is established through market prices for rent or purchase. Some elements of value, while recognised as important, are under-appreciated as it is difficult for them to be directly monetised or quantified in other terms.
This paper explores the redevelopment potential of ageing and underutilised public housing properties in the middle suburbs of major Australian cities. State governments lack strategies for the renewal of this housing in the current fiscally constrained environment.
This project sought to address three areas of policy concern in relation to dispersed and ageing public housing properties in inner and middle ring suburbs: how to find new ways to accommodate population increases; how to create affordable and diverse housing options; how to manage ageing housing stock; and how to maximise the use of existing infrastructure and amenity.