Using lot-level data to support better infrastructure planning as communities grow
As communities continue to grow, ensuring infrastructure keeps pace with residential development remains one of the property industry’s ongoing challenges.
Terralytics was proud to deliver the keynote presentation at the UDIA Victoria Conference, with Peter Grant exploring how lot-level intelligence and infrastructure planning can help developers, councils and infrastructure providers make more informed decisions as new communities take shape.
Connecting Development and Infrastructure Planning
As residential development progresses, understanding where new lots are being created, when they are expected to come to market and how quickly communities are developing can provide valuable context for infrastructure planning.
Lot-level data can help provide a more detailed view of development activity and support more accurate growth modelling, allowing industry participants to understand growth at a local level rather than relying solely on broader market or regional data.
This can support conversations around the timing and capacity of infrastructure, helping stakeholders better understand where future demand may emerge as new residential communities develop.
A More Detailed View of Community Growth
The keynote highlighted how detailed property and settlement data can reveal a more complete picture of what is happening across greenfield markets.
The difference between the 34,900 reported lot sales and 52,500 actual settlements in 2021 demonstrates how much market activity can sit beneath the headline numbers. By bringing together retail and Valuer General data, stakeholders can see a clearer view of residential activity and how it is progressing across individual projects and growth areas.
At a lot level, this data can help developers, councils and infrastructure providers understand where supply is moving, how projects are progressing and how residential development is contributing to broader growth across communities.
Continuing the Industry Conversation
The UDIA Victoria Conference provided an opportunity for industry leaders to come together and discuss the challenges and opportunities shaping the future of residential development.
Terralytics was pleased to contribute to these conversations and share how better access to detailed property data can support more informed decision-making across the development lifecycle.
A huge thank you to UDIA Victoria for hosting a fantastic event and creating a space for valuable conversations around the future of the property and development industry.