The contribution requirements are:
Residential development
- On-site: 3% of the total residential floor area must be provided as affordable housing.
- Monetary: $299.58 per square metre of the total residential floor area.
Non-residential development
- On-site: 1% of the total non-residential floor area must be provided as affordable housing.
- Monetary: $99.82 per square metre of the total non-residential floor area.
Equivalent monetary contribution rates will remain at the rates shown above going forwards due to the cessation of publication of the Established House Price Index by the Australian Bureau of Statistics.
