Five-year housing forecasts put Western Sydney at the heart of future growth

The release of new housing projections positions Western Sydney at the heart of future growth, as emerging centres blossom and infrastructure rolls-out to meet future growth.

“Western Sydney councils are expected to accommodate two thirds of Sydney’s new dwellings over the next five years,” the Property Council of Australia’s Western Sydney Regional Director Ross Grove said today.

“Western Sydney is home to four of the top five council areas by measure of new dwellings forecast, with Blacktown and Parramatta leading the City of Sydney, followed by Liverpool and The Hills.”

“The emerging centres in Western Sydney are undergoing a rapid transformation. We’re seeing shift in perceptions about the region and residents have every reason to be excited about the future that awaits.

“These figures underscore the need for state and federal governments to stay the course on planned infrastructure investment, and to redouble their efforts to promote greater employment in the region.

“The Western Sydney Aerotropolis and the growing commercial centres at Parramatta and Liverpool are central to boosting local jobs, reducing commute times and reshaping perceptions about the lifestyle options available in our region.”

Council

Additional dwellings forecast 2019/20 - 2023/24

Sydney rank (33 councils)

Blacktown

18,700

1

Blue Mountains

550

30

Camden

10,900

7

Campbelltown

6,350

13

Cumberland

12,650

6

Fairfield

2,700

20

Hawkesbury

950

28

Liverpool

12,750

4

Parramatta

17,800

2

Penrith

8,850

10

The Hills

12,700

5

Wollondilly

2,150

24

Source: Department of Planning, Industry and Environment https://www.planning.nsw.gov.au/Research-and- Demography/Sydney-Housing-Supply-Forecast/Forecast-data

Media contact: Ross Grove | M 0412 897 130| E rgrove@propertycouncil.com.au