Redevelopment of the west end of Port Hedland in Western Australia to support the growth of the Port is one step closer to coming to fruition with 80 per cent of eligible properties in the area already purchased as part of a buyback scheme.
The Port Hedland Voluntary Buyback Scheme (PHVBS) will remain open until the end of this year with a three month grace period extending to 31 March 2026 for settlement of sales agreements entered into before 31 December 2025.
Hedland Maritime Initiative (HMI), a subsidiary company of Pilbara Ports, has been acquiring properties under the Scheme and its end date is in line with advice received from the joint industry/government PHVBS Steering Committee which has been overseeing the project.
The Port Hedland Voluntary Buyback Scheme was introduced as part of the government’s response to the 2018 Port Hedland Dust Management Taskforce Report and allows the State Government to acquire residential properties in the West End, helping to minimise land use conflicts between residents and port operations.
WA Regional Development and Ports Minister Stephen Dawson urged those residents who may be eligible for the scheme to jump on board.
“We encourage homeowners in Port Hedland’s West End to take advantage of this final opportunity and apply for the buyback scheme before it closes at the end of this year,” Dawson says.
The land in the area affected by the buyback has been rezoned to enable the revitalisation and creation of a Maritime Precinct.