EAST Redcliffe land and house prices have increased substantially with the transformation of the public housing area and the change in name to Flemington Chase.
Housing Minister Kim Hames said the redevelopment of East Redcliffe transformed a hotchpotch of tired public housing on big, unkempt blocks into a more desirable community.
Housing block prices in Flemington Chase have jumped 40 per cent since the first sale.
“What was once an extremely derelict area is now a much sought after near-city community,” Dr Hames said.
“This area presented problems because it is so close to Perth airport. However it is also close to the city which is a distinct advantage.
“Belmont council facilitated a land swap that resulted in the former Ascot Park, which was cleared land, being exchanged for part of East Red-cliffe which lay within the aircraft noise corridor,” he said.
“That land has now been turned into a multi-purpose park.”
The $300 million New Living program is transforming areas previously dominated by public housing into communities where
the maximum amount of public housing is 12 per cent.
