Mosman and Hunters Hill recall were only to have an extra 300 and 150 dwellings respectively … so does a 40% cut mean as little as 70 – 130 dwellings for these Council areas?
In May 2019 the NSW Planning Department’s housing supply estimates revealed Ryde would have an extra 10,000 new dwellings by 2023 to squeeze in thousands of new residents.
A 46 per cent increase in the State Government’s housing demands for Ryde, following the previous five-year forecast to 2021 of 7600 new dwellings.
THIS is despite the high-rise precincts of Macquarie Park including Herring Road, Waterloo Road, Talavera Road and the encroachment now of replacing the walk-ups; Top Ryde; North Ryde; Gladesville; the Godzillas of Meadowbank; and now more higher density for West Ryde and Eastwood!
Yet another 8550 dwellings proposed! A mere cut of 10%?
Will that mean not only the fugly Duplex but rows of the Manor House (blocks of flats) from the intro of the Medium-Density Housing Code?
… and granny flats tacked on the back of the yard when builders do a reno?
RYDE SHANGHAI’D …
LOOKS like a ‘granny flat’ is all our families can look forward to as they are priced out by ‘HOT MONEY’ …
THAT’s the Population Ponzi just there …
WHAT will be our Saviour from the Property Mafia … will it too come from China? In the form of a Pandemic? Is that what it will come down to?
The Australian Property Mafia … Part 1
Slowdown in pace of housing developments unevenly spread across Sydney
By Matt O’Sullivan and Nigel Gladstone
February 24, 2020
The pace of housing construction across Sydney is expected to shift dramatically over the next five years, with a boom forecast in some areas and a slowdown in others including the northern suburbs.
Amid concerns about the scale of development, the government’s latest forecast shows 5700 fewer homes are set to be built over the next five years than was predicted two years ago.
Forecasts for three areas in Sydney’s north – Mosman, Hunters Hill and Hornsby – have been cut by at least 40 per cent on those predicted in the 2017-18 financial year.
New dwellings at Ryde are forecast to fall by 10 per cent to 8550 over the next five years, compared with that forecast two years ago. The pullback comes after campaigning by Liberal Minister Victor Dominello against the scale of development in his electorate.
But the forecasts for Liverpool, Wollondilly, Woollahra, the Blue Mountains and Fairfield have surged by at least 54 per cent.
The government forecasts 191,050 dwellings to be built in Sydney over the next five years, down from the 196,750 predicted two years ago.
Planning Minister Rob Stokes said development was taking place at different rates in response to planning, infrastructure and market activity.
“In greenfield areas where we are planning for significant growth, we expect development to take place at higher rates as the planning process unfolds,” he said.
Areas earmarked for the most development over the next five years include Blacktown (18,700 new dwellings), Parramatta (17,800), City of Sydney (13,650), Cumberland (12,650), Liverpool (12,750), the Hills (12,700), Camden (10,900) and Bayside (10,000).
Housing target changes from 2017/18 to 2019/20
5-year housing supply forecast from 2019/20 – 2023/4
VIEW SOURCE LINK FOR MAP!
Mr Dominello, the Member for Ryde, said he was pleased about the reduction in targets for his local area “given the explosive growth that we have had up until this point”.
“I’m not against development – I’m against over development,” he said.
“If you start multiple villas and multiple terraces in suburbia, where are they going to park on streets? I would much rather see density around railway stations.”
The forecasts show 10 times as many homes are expected to be built at Blacktown over the next five years than the northern beaches.
9News has evidence that many of the homes that went up during the building boom have a higher risk of defects.
In contrast, Liverpool in the south-west is forecast to have 12,750 dwellings built over the next five years, a 72 per cent rise on that predicted two years ago.
Liverpool mayor Wendy Waller said the area was experiencing record levels of development as it had large greenfield sites, a CBD rezoned for high-rise mixed-use buildings and was an “attractive, affordable destination for many migrants”.
Cr Waller said major infrastructure projects such as the $740 million upgrade of Liverpool Hospital were starting to “address the deficit experienced by people in south-west Sydney for far too long”.
Bill Randolph, the director of the University of NSW’s City Futures, said the change in forecasts for new homes likely reflected a slowdown in the apartment market, adding that it would still be a “big ask” to deliver about 41,000 dwellings annually in Sydney over the next five years.
Professor Randolph said a reduction in large industrial sites meant it would become harder to develop high-density areas in inner and middle suburbs of Sydney.
Sydney councils’ new housing forecast targets
VIEW SOURCE LINK BELOW FOR GRAPH
“It’s getting harder now to win the local political battle in getting urban renewal through now that we are running out of the big old industrial sites,” he said.
The NSW Department of Planning said a combination of factors, including rates of development approval and construction, and changes in economic and market conditions, could result in minor variations to housing supply forecasts.
“Proximity to new transport infrastructure and employment hubs, and the release of greenfield sites, impacts housing supply forecasts in different [local government areas],” it said.
Matt O’Sullivan is City Editor at The Sydney Morning Herald.
Nigel Gladstone is The Sydney Morning Herald’s data journalist.
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