The development application, which has a price tag of $4.46 million, seeks consent for the construction of eight attached residential dwellings and associated landscaping at 30 Banks Street.

According to a statement of environment effects, the development will 'ensure the future needs of residents will be met'.

"Careful consideration has been given in determining the location, site layout, dwelling design and landscaping of the proposal to ensure that the needs of future residents will be met and that the development provides a high standard of housing which is compatible with surrounding development," the statement read.

While the development is located in a flood prone area, the levels which will be inhabited by residents are above council's flood planning level (reduced level of 9.72) at a reduced level of 11.30. "The proposed development is compatible with the existing floor hazard present on the site and will not result in an increased risk to life or property, nor will it significantly alter existing flood behaviour in the area," the statement of environment effects read.

"The design of the proposal has been informed by the forms, scale, proportions and compositions of the Banks Street heritage streetscape.

"The Statement of Heritage Impact for the proposed development concludes that the proposal meets the aims, objectives and requirements of the Maitland LEP and DCP controls as the proposal respects the character of its surrounds while avoiding any confusion as to what is original in the area and does not give a false impression of historical developments.

"The proposed works while drawing on the surrounding influences remain a clearly identifiable contemporary building and not an imitation of the surrounding heritage buildings."

The development application was on public exhibition for submissions on council's website until June 3.