Melbourne’s Suburban Rail Loop and housing affordability

Melbourne has extreme growing pains<a href="https://bernie-okane.medium.com/melbournes-suburban-rail-loop-and-housing-affordability-91e76f41a7ee#_ftn1" rel="noopener ugc nofollow">[1]</a>. The city’s population has increased from 3.4 million in 2000 to over five million in 2020. The 2010s saw average annual population growth of over 2.3%. This is a growth without parallel for a city in the developed world. The Victorian Government is implementing a massive metro-rail loop to deal with the problems associated with the growth of Melbourne. The Suburban Rail Loop (SRL) is the largest single infrastructure project ever implemented in Victoria. The SRL will be 90 kilometres long, constructed largely in tunnel. It will have 15 stations at the intersection transfer points to the existing radial lines. A complete cost estimate is not available at present but it is likely to exceed $100 billion. <a href="https://medium.com/@bernie-okane/melbournes-suburban-rail-loop-and-housing-affordability-91e76f41a7ee?source=tag_recommended_feed---------244-84----------melbourne----------60bedb76_1073_42f8_86b7_f3e46633d542-------">Read More</a>