How much will Suburban Rail Loop cost and how will it be funded?

The SRL Business and Investment Case outlines the critical need to future-proof Melbourne for growth in the decades ahead by investing in orbital rail and increasing housing choice. The Business and Investment Case shows the benefits outweigh the costs, with a Benefit Cost Ratio range of 1.1 to 1.7.

SRL is a project of national significance and will be funded through a range of funding streams, including Victorian Government contributions, Federal Government contributions and a mix of value capture opportunities.

SRL East is expected to cost between $30 to $34.5 billion and the new line will be running in 2035.