The State Government will release more than $740 million worth of projects to the private sector development market.

The Developer Ready program aims to attract further private sector development, boost confidence and transparency across the property sector, increase housing supply and provide opportunities for additional economic growth and jobs.

The residential developments are expected to have a completed value of more than $720 million.  And the industrial estates are expected to fetch a combined total greater than $20 million.

The first parcels of development ready land this year have just hit the market, designated for a mix of medium-density housing, commercial projects and industrial use.

The new sites include:

• Elizabeth South: 8.5-hectare residential development opportunity on John Rice Avenue
• Munno Para: Three allotments in Playford Alive earmarked for medium-density housing and commercial use
• East Grand Trunkway: 10.35-hectare industrial allotment on Newhaven Road
• Edinburgh: 2.91-hectare industrial allotment on Gidgie Court

The balance of land releases expected to come online in the coming months will also see the inclusion of an enormous 1000-home residential development opportunity south of Adelaide.

Upcoming opportunities include:

• Onkaparinga Heights: 68-hectare, 1000 home, greenfield residential development
• Gillman: 1-hectare industrial allotment at Ocean Steamers Road

These opportunities follow on from the more than $2 billion worth of development projects released in South Australia last year which includes key developments such as Southwark, Tapangka on Franklin, and 274 and 275 North Terrace, along with significant opportunities at Bowden and in regional South Australia.