The New South Wales government is taking a proactive approach to address the severe housing crisis in the region. In a significant policy move, the government has announced plans to rezone land around key train and metro stations, aiming to foster the development of 45,000 new homes by 2027. This initiative is a part of the Transport Oriented Development Program, focusing on boosting housing density near major transport hubs (source).
Initial Phase: Targeting Key Stations
The first phase of the plan involves rezoning land within 1.2 kilometres of eight stations: Bankstown, Bays West, Bella Vista, Crows Nest, Homebush, Hornsby, Kellyville, and Macquarie Park. The aim is to create more affordable housing options in these high-potential areas (source).
Expanding Reach: Additional 31 Stations
The initiative expands in its second phase, applying new planning controls within 400 metres of 31 additional train stations across Sydney, Wollongong, and Newcastle. This phase encourages the development of multi-storey housing, diversifying the housing options available in these regions (source).
Timeline and Goals
The government’s timeline outlines that technical studies and master planning will take place between November 2023 and October 2024. Development assessments are slated for 2025, with construction commencing in January 2026. The first homes are expected to be completed by November 2027, marking a significant stride towards resolving the housing shortfall (source).
Opposition and Public Concerns
The plan, however, has not been without criticism. Opposition Leader Mark Speakman argues that the timeline does not provide immediate relief and has called for reduced immigration to alleviate the housing pressure. There is also concern from various councils about the potential impacts on infrastructure and community amenities due to increased housing density (source).
Developer and Advocacy Group Perspectives
Developer groups, such as Urban Taskforce Australia, have expressed support for the initiative, although they seek clarity on the specific rules that will apply in the rezoned areas. Advocacy groups like Sydney YIMBY advocate for more housing but express concern that the number of development zones may not suffice to meet the targets set by the national housing accord (source).
Conclusion
The NSW government’s strategy to rezone land around key train stations for high-density development represents a bold move to tackle the housing crisis. By focusing on areas near transport hubs, the government seeks to create well-connected, diverse communities. As the plan progresses, balancing development goals with community needs and addressing infrastructure challenges will be crucial.