The Age
·general
·3 hours ago
NSW land audit a cautionary tale for Defence sites sale
In a landmark land audit initiated in March 2023, NSW Premier Chris Minns aimed to sell state-owned sites for affordable housing. Three years later, most sold properties remain vacant, with few development applications submitted, raising concerns about land banking by private developers. This trend highlights the challenges of delivering housing in the region amidst rising construction costs.
Summary by Glance · The Age
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