Thousands of new homes will be built on former defence land in Melbourne that the federal government has released for general sale.
The federal government predicts 6000 homes can be built on 128 hectares of former defence land where the old Maribyrnong munitions factory operated during World War I.
‘It’s a very prominent site in suburban Melbourne,’ Defence Minister Marise Payne told reporters on Sunday.
The 127 hectare former defence site was initially announced in the budget, along with other measures to tackle the housing affordability crisis, including abolishing capital gains tax exemptions for foreign investors.
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