Policy that allows apartments of up to six storeys to be built near transport hubs will be pared back, meaning Greater Sydney is likely to miss its housing target by some margin.
The NSW government is preparing to pare back the second stage of the politically contentious “missing middle” housing reforms, compounding doubts about the ability to build 322,000 homes across Greater Sydney and its surrounds by 2029.
Expected to deliver 112,000 homes by July 2029, the low- to mid-rise reforms were central to the Minns government’s efforts to increase density in inner-city suburbs. The policy created a radius of 800 metres around public transport hubs and shopping districts for rezoning, allowing for apartments up to six storeys in well-located areas.
Multiple planning sources, speaking on the condition of anonymity due to the sensitive nature of the deliberations, said the policy would limit the radius by tightening up definitions around how frequently transport ran, and the size of shopping centres that would qualify. One source suggested the policy would not be released until early 2025, as opposed to the end of the year as initially promised.
The departmental spokesman said: “Stage 2 of the low and mid-rise reforms are being finalised with consideration being given to feedback from councils, industry and the community.”The UDIA’s analysis forecast that under the current trajectory of development application approvals, there would be a maximum 257,000 dwellings completed by 2029. This number fell to 205,000 if the historical 20 per cent trend of DAs that did not progress to construction continued over the housing accord period.
UDIA NSW chief executive Stuart Ayres said the shortfall in supply would result in fewer affordable homes.
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