3-AD006.00 SOCIAL IMPACT ASSESSMENT WAIHI NORTH PROJECT Oceana Gold New Zealand Limited WSP June 2022 27 There is a need for consistent sustainable opportunities particularly if training and upskilling is involved. o There is a housing and accommodation shortage currently that could be impacted further by population influx. Finding permanent, affordable housing is very challenging. Housing and accommodation Kāinga Ora Real Estate Agents – First National Real Estate, Eves Realty, LJ Hooker Developers/Housing contractors and builders – J2 Homes, GJ Gardener Homes Kāinga Ora Main issues for housing provision are: o Increasing gap between housing cost and income levels. o Housing supply. o Infrastructure limitations in Hauraki District. Kāinga Ora is working with Hauraki DC to determine priority areas for residential development. Hauraki is challenged as there are multiple small centres, geographically spread, where there is a demand in Paeroa, Waihi, Ngatea, Kerepehi, etc. There is a need to work with Council to prioritise/reprioritise infrastructure investment. Main infrastructure issues are around 3 Waters with wastewater being a prime factor in Paeroa. Ngatea affected by flood hazards. WBOP is looking at intensifying around Katikati and Omokoroa. There is a large farm within town boundaries of Katikati that is zoned residential. Real Estate Agents High buyer demand but low housing stock in the local area but particularly in Waihi. Shortage of subdivisions. Some subdivided parcels came to the market about five years ago, but supply has been scarce since. Rental properties are in very short supply. The additional staff required by the mine will have an impact on the property market (sales and rentals) given the current housing shortage. Aware of a range of development opportunities including 40-50 new lot development in Waihi with home and land packages, large staged subdivision with 300 lots around Waihi Beach. In the past mining had a small impact of values Waihi East being less favoured. Currently difficult to discern any difference in value. Still some buyer concern about mining and people are still interested in what may happen in future but has not put off buyers. Rumours of new mining projects temporarily stalls the market. Once information becomes available the market corrects. Developers/Housing contractors and builders Major shortage of sections particularly in Waihi. High demand for houses and sections mainly single dwellings with 3-4 bedrooms both in Waihi and Waihi Beach. Considerable land available in Hauraki District and a Plan change to enable subdivision to 450m2 has been very helpful for infill.
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