172,000 New Homes For Sydney

16/03/2013 8:46 pm

The NSW Government is calling it the Super Saturday Housing Release. On March 16 2013, the NSW Government unveiled one of the State's biggest ever housing supply programs, with up to 172,000 new homes to be delivered across Sydney.

The new homes will be supported by land zoned for ten of thousands of new jobs and billions of dollars of transport infrastructure. The announcement includes:

  • 27,400 new homes and 49,500 new jobs in centres around the eight new railway stations along the North West Rail Link
  • 30,000 new homes across eight existing urban areas to be revitalised under the Government's new Urban Activation Precincts (UAP) program
  • Rezoning land f0r 30, 250 new homes and 29,000 jobs across five precincts in Sydney's Growth Centres near the new North West and South West Rail Links (and releasing three other precincts with the potential for 8,200 homes)
  • Immediate action to progress seven outer suburban greenfield sites with potential for 15,850 homes in response to the Government's Potential Home Sites Program and investigate 13 sites with potential for 60,000 homes.

Mr O'Farrell was in Box Hill in North West Sydney to unveil sites in 31 new and existing suburbs with capacity for 111,700 homes and announced the investigation of a further 13 sites with the potential for an extra 60,000 homes.

"This massive program will see a wide range of housing types built to suit all budgets in existing suburbs and in new release areas - with jobs, shops, schools, parks and transport all close by," said Mr O'Farrell.

Mr O'Farrell continue to promote the actions his Government has take to cut red tape and release more land for housing.

"The steps we've take have helped lift housing completions in Sydney in 2012 to 18,186 - the highest level since 2006. But that isn't enough - we need around 27,400 additional homes in Sydney each year to keep up with population growth and to keep home prices affordable."

"That's why today, we're unveiling one of the biggest housing delivery programs this State - or any other - has ever seen," O'Farrell said.

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