There will be 150,000 new homes in Sydney in four years. More than 200 suburbs will get none of them

  • 📰 smh
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 25%
  • Publisher: 80%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

Northern Sydney appears to be only lightly touched by developers, but it’s a different story in Parramatta and surrounds.

More than 150,000 dwellings are forecast to be built across Sydney in the next four years but more than a quarter of the city’s suburbs will be untouched by the development.

Areas forecast to have zero new developments include the north shore suburbs of Cheltenham, North Epping, Riverview, West Pymble, South Turramurra, East Lindfield, East Killara, Davidson, North Wahroonga and Killarney Heights. Sydney University urban planning professor Nicole Gurran said large growth in one concentrated area is generally preferable to “scattergun growth” but insufficient infrastructure is a problem in new suburbs.

Kellyville, in Sydney’s north-west, is one of the areas where it’s expected thousands of new homes will be built by 2025.The most likely outcome by 2024-25, based on market conditions and demand factors when the forecast was prepared in October 2020, predicted 154,550 new homes. The data was released in February.

More than half of all new homes in the next four years are projected to be built in just 41 of Sydney’s 782 suburbs. “New homes need to be accompanied by new schools, hospitals and parks – so without an ambitious infrastructure plan these neighbourhoods will be doomed to fail.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Lucky suburbs! Who in Sydney really wants or needs more housing, especially when the necessary infrastructure and services are likely to be decades away!

Insanity. We need a rational housing policy along with a rational population policy. Why are we always pandering to the corrupt, incompetent developer lobby.

150,000 new homes? And we are aiming for “net zero” emissions? We can’t be net zero until we have a sustainable population- target no growth. Reduce migration and make Australia better not bigger.

Need them for all he low paid immigrants and fake students about to arrive

Nigelgladstone RobStokesMP Planosopher UDIANSW All these new homes are unsustainable. Lift dependent apartment towers will not have enough power as coal plants are closing. Urban sprawl housing with black roof tiles, dark bricks and driveways will cook their owners. All wrong

Hate to be honest .. I hate these poorly quickly build apartment / townhouses.

DrChrisCaton

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in PROPERTY

Property Property Latest News, Property Property Headlines