Infrastructure Recovery Charge

The Victorian Government is investing $290 million in Revitalising Central Dandenong, the largest urban renewal project since creating Melbourne Docklands.

As of September 1 2006, all new commercial scale developments within the Revitalising Central Dandenong declared area will incur the infrastructure recovery charge (IRC) of five per cent of development value.

This major urban development project, including the high level of government investment dedicated to it, would not be possible without the opportunity for the Victorian Government to recoup a portion of its investment.

Relevant documents

For more information

Places Victoria
710 Collins Street
Docklands
VIC 3008
Ph: 03 8317 3400