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PCA celebrates address of Sydney’s ‘acute housing and rental crisis’

By Kyle Robbins
14 February 2023 | 10 minute read
Sydney aerial shot new reb

The Council has commended the NSW government for its greater western Sydney focus.  

As part of the Accelerated Infrastructure Fund’s (AIF) latest round, $80 million will be dished out to 16 infrastructure projects and support the delivery of over 60,000 dwellings across Blacktown, Camden, Cumberland, Liverpool, Parramatta, and The Hills Shire council regions.

According to the NSW government’s website, the aim of the fund’s latest round “is to build on the success of the first two rounds.”

It revealed that the released funding will be split “with up to $180 million allocated to metropolitan projects and up to $120 million for regional projects in high growth areas,” with the funding to be “available for councils, state agencies, and utilities to deliver roads, stormwater, electricity infrastructure, sewerage, and public open spaces.” 

David White, the Property Council of Australia’s Western Sydney director, said the “important” funding would fuel the bustling region’s growth by focusing on “key roadworks, utility services, public transport and public domain.”

He added that it will “support growing communities in greater western Sydney as it continues to emerge as the development powerhouse in Greater Sydney.” 

Across the last five years, the six benefiting council areas grew by approximately 177,000 people. 

Mr White believes the Perrottet government “must now target the delivery of bigger regional infrastructure, or projects valued over $50 million, to further support the housing delivery in key growth precincts across greater western Sydney.” 

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These housing delivery assisting projects include “an interim sewerage strategy at Austral Leppington, a new regional road at Glenfield, and completion of Richmond Road and Marsden Park water and sewer works to support the northwest growth centre.”

He explained that delivering these projects would boost the regions with an additional 20,000 dwellings and “help address the acute housing and rental crisis” that has gripped both the greater western Sydney region and the rest of the state. 

“This approach will further alleviate the pain for those vulnerable residents who dread the monthly mortgage due date and rental notice,” he said.

Since 2020, the AIF has supported 38 local infrastructure projects in eight Sydney councils, which have facilitated the development of over 100,000 new homes and created 3,220 jobs.

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