New targets will help to rebalance Sydney’s housing growth

Detailed analysis reveals the extent of the rebalancing of new homes across Greater Sydney as a result of the housing targets released by the Minns Labor Government earlier this week.

The rebalancing follows more than a decade of unfair distribution of new homes that saw Western Sydney being forced to accept the overwhelming proportion of new homes, many delivered without the necessary supporting infrastructure.

Homes that are already in the system, those already planned, approved and under construction, cannot be changed without tearing up existing development applications and building contracts.

With a housing crisis, now is not the time to stop building.

The NSW Government has significantly rebalanced the targets with the distribution of new homes.

The number of new homes has been developed from our planning reforms, the Transport Oriented Development and Low and Midrise Housing programs and are included in the targets.

Of the new homes in the targets, 53% are in Eastern Sydney LGAs including Ku-Ring-Gai and Northern Beaches. This compares to 34% of homes already in the pipeline to be delivered.

Comparatively, Western Sydney LGAs such as Penrith and Hawkesbury Council will have a target of 18% for new homes, as compared to 25% of homes already in the system.

Similarly, Central Sydney LGAs including Parramatta and Canterbury-Bankstown that make up 41% of homes already in the pipeline, account for 29% of the new home targets set by the NSW Government.

This rebalancing of new homes is part of the Government’s plan to deliver homes close to existing infrastructure and jobs, building even better communities in NSW.

Minister for Planning and Public Space Paul Scully said:

“Our new housing targets rebalance the location of new homes across Sydney.

“Of the projected homes between now and 2029, more than half are in Eastern Sydney LGAs while less than a fifth are in Western Sydney LGAs.

“Homes that are already planned in the western suburbs will continue to be built while other parts of Sydney will be doing their part to confront the housing crisis.

“For too long we’ve been building infrastructure in Sydney’s east and putting housing in the Sydney’s west.

“It’s not fair and it’s not working for communities or for taxpayers.

“Rebalancing housing is part of our plan to build better homes and better communities for NSW with homes better connected to transport and jobs.”

 Housing targetsHomes in the systemAdditional homes to meet targets
Eastern Sydney LGAs107,10041%58,29034%48,81053%
Central Sydney LGAs97,20037%70,67041%26,53029%
Western Sydney LGAs59,10022%42,41025%16,69018%
Total263,400171,37092,030

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