The Guardian

Albanese government to sell off $3bn worth of historic defence sites amid push to free up space for new homes

Albanese government to sell off bn worth of historic defence sites amid push to free up space for new homes

Richard Marles has decided to sell more than 60 properties, including Victoria Barracks in Sydney, Melbourne and Brisbane

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The federal government will sell off $3bn in defence properties around the country, after a major audit of land holdings found they served no useful strategic value.

Defence sites – including Victoria Barracks in Sydney, Melbourne and Brisbane – will be sold after the multi-year audit, tasked with identifying surplus and costly property holdings, often costing millions to maintain.

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Source link : https://www.theguardian.com/australia-news/2026/feb/04/albanese-government-to-sell-off-3bn-worth-of-historic-defence-sites-amid-push-to-free-up-space-for-new-homes

Author : Tom McIlroy Political editor

Publish date : 2026-02-04 05:31:00

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