THE housing boom at Moore Creek could be set to continue with a 255 lot subdivision proposed with hopes it could drive down housing prices.
Tamworth Regional Council is calling for feedback on the development, lodged by Kode Holdings, which will sit on a 51 hectare patch of land bordered by Browns and Bowdens lanes.
The estate, named Eagle Views, will include lots between 1000 and 2000 square metres and will be made available over 10 stages.
The project's statement of environmental effects stated the housing proposal reflected the council's "population growth targets".
"The current under-supply of new housing throughout NSW continues to contribute to unaffordability and rising housing prices," the report said.
"New housing located in urban areas considered both suitable and appropriate to this type of development will assist in relieving local housing supply pressures."
The report said there would "invariably be cumulative" effects on traffic, water and utility services.
"However, the accesses, traffic and servicing information provided ... indicates that the proposal should not have any significant adverse impact on the future condition, operation and capacity of the local road network or servicing infrastructure," it said.
It comes less than two months after the council approved an $8 million development application divvying-up the 29 hectare parcel of land between Browns Lane and Bournes Lane into 161 residential lots.
While there was some angst in the community about the impact it would have on the region's dwindling water supply, deputy mayor Phil Betts said the city had become more efficient in the last 20 years and emphasised the need for growth.
The Moore Creek area has grown rapidly in recent years and it has brought about a change to speed limits in the estate. The Forest Road and Moore Creek area now has a 60km per hour speed limit in place while the Forest Hills Estate has been reduced to 50km per hour.