The new houses built at Macquarie View estate could help reduce the housing squeeze that has been a factor in Dubbo’s residential property market for years.

It could even ripple on to help ease the impacts in the 

rental market. 

The city has had an extremely low rental vacancy rate with long queues of people vying for accommodation. 

And rents have constantly increased because of demand.

The new estate will be a $35-million project by completion with a total of 232 lots in varying sizes. It will have “green space” areas and NBN connectivity.

Planning started in 2006 so it has been a long road to getting close to actual bricks and mortar.

But it is not just home buyers or renters who will benefit.

Regional Development Australia (RDA) Orana chairman John Walkom says the benefits of such developments go way beyond putting dollars and jobs into the local building industry.

Jobs are created in various support industries, benefitting local businesses, creating other jobs and lifting spending levels.

Renovating or adding to established homes would have some similar contributions.

That is a fairly wide range of positive economic impacts.

And rarely thought of when it is all based on people wanting a new house or to upgrade the old one.