Housing and Planning
More homes where people want to live
The NSW Government is confronting the housing crisis. People need more homes close to transport, infrastructure, other amenities and work opportunities.
The NSW Government has made major reforms to the planning system to build more homes and rebalance housing growth across Sydney, Wollongong, Central Coast and the Hunter.
More homes near better infrastructure
The Transport Oriented Development Program:
- rezones areas around eight train and metro stations as priority precincts for more housing, supported by $520.0 million in new infrastructure
- rezones areas around 37 train and metro stations across greater Sydney to increase midrise housing in well-connected locations.
A better planning system
This Budget invests an additional $555.5 million to speed up the planning system and construct more housing enabling infrastructure. This includes:
- $253.7 million to bolster the State’s planning system, including to assess more development applications and deliver additional State-led rezonings
- $246.7 million for enabling infrastructure, conservation activities and land acquisitions to accelerate the delivery of more housing in Western Sydney and across the regions
- $35.0 million for the NSW Building Commission to support its ongoing efforts to reform the building and construction industry and improve consumer outcomes
- $5.0 million for preliminary design and planning works to support the future redevelopment of Bays West around the Bays Metro station and White Bay Power Station.
Targets and incentives
- We have set new housing targets to rebalance growth towards areas of Sydney with better access to transport and other infrastructure, and share the additional housing Sydney needs across our city.
- This Budget includes $200.0 million for the Faster Assessments program to incentivise councils to meet and exceed their targets by providing grants for infrastructure that supports housing.
Building homes for NSW
Building Homes for NSW
To address the housing crisis, the NSW Government will deliver up to 30,000 new homes.
The Building Homes for NSW program will:
- deliver up to 21,000 new market and affordable homes
- build 8,400 social homes, including priority homes for victim-survivors of domestic and family violence
- build more than 500 new rental homes for key workers so they can live in the communities who rely on them.
Building Homes for NSW will directly address the housing crisis alongside our state-wide planning reforms.
Building up to 30,000 new homes
Building Homes for NSW will release surplus Government land for new homes to be delivered by Homes NSW, Landcom and in partnership with the private sector.
The Budget includes $5.0 million to continue the audit of surplus NSW Government land.
A major step to help those escaping from family and domestic violence
This Budget invests $5.1 billion in 8,400 social homes, of which 6,200 will be new homes and 2,200 are replacement homes.
At least 50 per cent of these new homes will be prioritised for victim-survivors of domestic and family violence.
In 2022-23, 18,255 people who sought homelessness services said family and domestic violence was the main reason they needed help, but half were turned away due to a lack of accommodation.
This program also invests $1.0 billion to repair 33,500 existing social homes.
Key worker rental housing
Too many suburbs have become unaffordable for nurses, teachers, police officers, paramedics and other key workers.
The Budget includes $655.1 million for key worker and rental housing:
- $450.0 million for a Key Worker Build-to-Rent Program to be delivered by Landcom across metropolitan areas of the State
- $200.1 million for key health worker accommodation across rural and regional areas of the State
- $5.0 million for Landcom to deliver an additional 10 Build-to-Rent dwellings in Bomaderry, with 60 homes now to be delivered through a total Government investment of $35.0 million.
A better system for renters
This Budget also includes an additional $8.4 million for the Rental Commissioner to develop and enforce renter protections.
Supporting the growing number of renters in apartments with an expanded Strata and Property Services Commissioner to regulate strata schemes for $11.8 million.
Addressing homelessness
$527.6 million for emergency housing and homelessness support services, which includes:
- over $260.0 million to help people and families who need safe shelter with crisis accommodation and support to move to more stable housing
- over $250.0 million of funding to support people who are homeless or at risk of homelessness, including those leaving correctional centres and mental health services and securing funding for Specialist Homelessness Services and the Aboriginal Community Controlled sector for homelessness services.
Read the full budget overview here.