More than two-thirds of NSW public land suitable for housing sold to private developers

Exclusive: Despite Labor policy to prioritise government land for public housing, Homes NSW has bought just three of 55 sites and expressed interest in further sevenGet our breaking news email, free app or daily news podcastThe New South Wales government has sold more than two-thirds of publicly owned sites identified as surplus and suitable for housing to private developers as a result of its much-vaunted statewide property audit.Many sites are being sold without requirements for social or affordable housing.The dive site for WestConnex at Camperdown will not have any social or affordable housing, although the project will earmark 230 units for essential worker homes out of a likely 600 units, because of its proximity to the Royal Prince Alfred hospital.A site at 164 Talavera Road, Marsfield, also owned by Roads and Maritime, was sold for $4.4m to a developer for high-density development. The agent on the sale, Ray White’s Peter Vines, said there was no requirement for social or affordable housing. The buyer intends to build student accommodation, he said.A major site at 870 Windsor Road, Rouse Hill, not far from the new metro station, is at the tender stage. The CBRE agent Ben Wicks said there were no firm requirements from the government about levels of social and affordable housing. Bidders had been invited to put in multiple proposals that included social and affordable housing as well as build-to-rent projects, he said. Continue reading...

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