Swathes of land in Melbourne's outer suburbs will be unlocked over the next decade in a bid to build 180,000 new homes.
Ploughing ahead with a week-long housing policy blitz, Premier Jacinta Allan unveiled a 10-year plan to release land across 27 Melbourne greenfield areas.
She said the pipeline plan for land releases across the city's outer southeast, north and west was unprecedented.
"(It's) the most significant commitment in history in greenfield areas to building new homes, new backyards," she told reporters on Wednesday.
The first three greenfield sites will be released in Cardinia, Whittlesea and Kororoit as early as 2024 and 2025.
However, there is no timeline for when building will get under way on the expected 180,000 new homes.
"We want them of course to start as soon as possible," Ms Allan said.
Greenfield areas have shouldered a disproportionate burden of Melbourne's growth over the past 30 years.
The government cited data that homes in Wyndham council in Melbourne's outer southwest have swelled 439 per cent since 1994, compared to 24 per cent in the inner eastern area of Boroondara.
The Victorian Housing Statement set a target for 70 per cent of new homes to be built in established areas, with the rest in greenfield areas.
Urban Development Institute of Australia Victoria chief executive Linda Allison said many Victorians still dream of living in new detached homes and greenfield areas offered that choice at an affordable price.
"We know that more supply means more housing options for Victorians and it will put downward pressure on prices," she said.
Over the past four days, the premier has unveiled plans to overhaul developer infrastructure contributions, temporarily extend stamp duty concessions for off-the-plan apartments and increase density in some of Melbourne's most affluent suburbs.
Opposition Leader John Pesutto flagged the coalition would make its own housing-related tax announcements in 2025, when asked if he would completely abolish stamp duty for first homebuyers.
"We'll certainly have a plan that addresses Victoria's housing crisis in a way that draws more investment, not deters or discourages investment, and gives Victorians a choice," he said.
"Under me, you don't only have the option of an apartment."
Before the 2022 Victorian state election, then opposition leader Matthew Guy promised to expand the stamp duty exemption for first homebuyers to purchases up to $1 million for one year.
