EaseProp’s Post

🏘️ Sydney’s Housing Shortfall Addressed with Strategic Rezoning. 🚇 7 Suburbs Set for Transformation: Bankstown, Bella Vista, Crows Nest, Hornsby, Kellyville, Macquarie Park, and Homebush will be rezoned under NSW’s Transport-Oriented Development program. 🏡 What’s Coming? • Over 58,000 new homes, including: o 18,000 in Homebush o 14,000 in Bankstown o 9,600 in Macquarie Park • Affordable housing rates of 3–18% across the sites. • Schools, health services, and public spaces integrated with the development. 💡 Community Infrastructure: The government has committed $520 million to fund: • Recreation facilities • Plazas • Road upgrades ⚡ Fast-Track Developments: • Proposals worth over $60 million (~100 homes) can access the State Significant Development pathway for faster approvals (275 days). • Design competitions will no longer be required for residential projects. 📋 Community Involvement: Finalised masterplans followed a six-week public exhibition in August. ✨ A Holistic Approach: These masterplans aim to tackle Sydney’s housing shortfall while ensuring essential amenities, connectivity, and community growth. 💬 What do you think of these plans? Share your thoughts. #SydneyHousing #RezoningPlans #UrbanDevelopment #NSWGovernment #AffordableHousing Source- Realty Plus

  • No alternative text description for this image

To view or add a comment, sign in

Explore topics