Nsw Government

National property developer and construction group Traders In Purple has been selected as the NSW Government’s partner to deliver the next stages in the ground-breaking Bonnyrigg estate redevelopment, adding to its $3 billion project pipeline.

Under the agreement Traders In Purple will deliver the Humphries Precinct, which includes 65 community homes to NSW Land and Housing Corporation (LAHC), and 210 land lots for private sale, meeting pent-up demand in a location with limited opportunity for new housing. It will be stages eight to 11 of the delivery of the $855 million Bonnyring Renewal Project, which already has over 700 dwellings completed, including 256 social homes.

The transformation of the Bonnyrigg Estate is a major 30-year project that will be delivered over 18 stages, creating 4,275 jobs and delivering homes for more than 9,000 residents.

“This is an ambitious project that is transforming the former Bonnyrigg social housingestate in Western Sydney to become a vibrant, mixed-tenure precinct, by&nbsp; taking 833 ageing social properties and creating 3,000 new homes for residents, 900 of which are dedicated for social housing,” Minister for Planning and Minister for Homes Anthony Roberts said.

The Bonnyrigg partnership is the fifth project Traders In Purple has secured with LAHC, resulting in the delivery of 819 apartments, homes and land lots across NSW with a combined value of $590 million.

Traders In Purple Director George Geagea said the Bonnyrigg appointment underlined the NSW Government’s confidence in the company’s ability to deliver high quality, tenure blind communities that meet the need for social, affordable and private housing.

“We are an active development partner of the NSW Government,” Geagea said.

<img alt="Bonnyrigg" data-entity-type="file" data-entity-uuid="cb9429e9-8d96-4cfb-93f2-ba08a8f2283c" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-16%20at%2011.28.53%20am.png?VersionId=tAt7iHyy2NVKCKNZ_D4M9dGTrZ5ddBVN" />

“The Bonnyrigg project gives us an opportunity to build on that relationship of trust and transparency, creating a community that breaks down social housing stigma.

“At Bonnyrigg we will not only provide modern and sustainable social homes but also a land subdivision that will satisfy the demand for private buyers seeking to build their own home.

“Increasing supply is critical to tackling affordability and Bonnyrigg is severely constrained. There are very few built homes available on the market and no vacant land, increasing the cost to purchase and rent.

“The introduction of 210 land lots will assist the market and satisfy the pent-up demand from buyers who have grown up in the area and want to remain local to raise their own families, close to social and cultural networks.”

The 65 community homes will be managed by St George Community Housing.

Traders In Purple will also deliver a junior play park and make a financial contribution to NSW Land and Housing Corporation that will help to fund further provision of social and affordable housing.

<img alt="Bonnyrigg" data-entity-type="file" data-entity-uuid="a6eef691-1442-4155-a66f-126e43c0a161" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screenshot%202023-02-16%20at%2011.28.45%20am.png?VersionId=88hzGfhlK9zPoOs9Ak4e16F.CeGcnYUJ" />

Development approval for the Humphries Precinct is anticipated over the coming weeks with demolition works already underway.

Traders In Purple is currently building Northsea, a mixed tenure project 250m from Wollongong Beach, in partnership with LAHC, where million dollar apartments sit side by side with community homes.

Its recently completed Correa Gardens community housing project in the NSW south coast town of Corrimal, delivered in partnership with the NSW Government and Housing Trust, won the 2022 National Urban Taskforce Award for Affordable Housing. Also on its slate of projects in partnership with LAHC are mixed tenure developments at Villawood and Padstow.

In Tasmania, Traders In Purple is part-way through a $300 million mixed use development, 15 minutes from Hobart, in partnership with Kingborough Council. In Queensland, Traders In Purple is the largest developer of luxury coastal developments on the Moreton Bay Peninsular with new oceanfront projects due to launch early this year.

Geagea said Traders In Purple has demonstrated its credentials as a trusted and proven partner in joint ventures and Project Delivery Agreements, with a range of institutions and State and Local Government entities nationally.

“What we offer our partners is the capability and experience of a large developer with the agility of a privately owned company that can make decisions quickly and respond to the market,” Geagea said.

“We are an efficient organisation which means we deliver a quality product without excessive feetaking and costs. This translates to a better outcome for our partners looking to maximise value and returns.

“Traders In Purple has a genuine desire to create inclusive communities and our community housing projects present an opportunity to express the philanthropic side of the business.”

The transformation of the Bonnyrigg Estate is a major 30-year project that will be delivered over 18 stages, creating 4,275 jobs and delivering homes for more than 9,000 residents

Joel Robinson

Traders In Purple wins fifth project with NSW Government for Bonnyrigg estate

ABS has today released the June data for housing approvals which shows that in NSW, the planning system approved 12.7% in less in June than was approved in May. The Council shut down for elections has started.

Urban Taskforce has warned the NSW Government that they faced a real risk that Councils would ease off on approvals in the lead up to what was to be the September elections.&nbsp; Today&rsquo;s data shows that the Government&rsquo;s light touch on Councils has resulted in precisely that.&nbsp; Worse, the Council elections have now been postponed till December and unless someone holds a blow-torch to the Councils and approval bodies, approvals will drop off further.&nbsp;

[smartcode_project:default project_id=31751]

Even prior to the lockdown, the productivity of the planning system had dropped off. Our economy cannot recover with this drop off in performance.&nbsp; Planning reform and approvals now will deliver a pipeline of work for when vaccinations allow our economy to fully re-open.&nbsp; There is an opportunity to catch up &ndash; but it seems that the planning system has slowed up again.

Urban Taskforce calls on the Government to immediately implement the recommendation of the NSW Productivity Commission White Paper.&nbsp; The GSC has set housing targets.&nbsp; It is up to the NSW Government to ensure that Councils meet them.&nbsp; Targets need to be regularly monitored against performance.&nbsp; There can be no excuse for Councils refusing to accept the targets.&nbsp; LGA Housing Strategies must come with sanctions for those Councils that selfishly refuse to contribute to housing supply, resulting in rising new home prices inflicted on those least able to afford them.

[smartcode_project:default project_id=30049 project_image_fid=162884]

The data shows that NSW housing approvals reached their peak in 2015/16 2016/17 and 2017/18 at around 73,000 approvals each year. Then, in the lead up to the NSW State election (2018/19) approvals dropped off to 58,000 and stayed low in 2019/20 with only 48,000, despite &ldquo;fast track&rdquo; schemes and a flurry of DPIE activity.

The total approvals have risen across all of NSW to 59,000 and this is welcome &ndash; but it remains well short of what is needed.&nbsp; The data reveals the problem.&nbsp; Apartment approvals across NSW have dropped significantly (most of these in Greater Sydney) while new separated house approvals have remained relatively flat.

<img alt="" height="444" src="https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/pictures/article-images/screen_shot_2021-08-07_at_2.19.12_am.png" width="1180" />

The table above, based on the ABS data, clearly shows that the price escalation is due to a drop off in housing approvals and this is flowing on to a drop off in housing supply.&nbsp;

Further, the time taken to navigate the NSW planning system, even after an approval has been granted, often takes years, adding to risk for the property development industry and additional costs for new home buyers.

The message went out to Councils in 2018 that the NSW Government was going to go soft on them after the Council amalgamation debacle.&nbsp; But the result has been a massive under supply of housing.&nbsp; This will only get worse unless Government can incentivise Councils to deliver an over-supply of new approvals.

Council elections have now been postponed till December and unless someone holds a blow-torch to the Councils and approval bodies, approvals will drop off further. 

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ABS housing approvals data spells out why housing prices are going through the roof

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There’s a new town centre set to be constructed in Sydney’s thriving north-west.

The Minister for Planning and Public Spaces Rob Stokes announced the new town centre will change the face of The Hills Showground area.

“This exciting new development in the heart of The Hills will create homes, jobs and outstanding public spaces on the doorstep of a Metro station,” Mr Stokes said.

“It will offer a diversity of housing for people with different lifestyles and open space that will include a park and plaza.

The development will also inject $995 million into the economy while creating 1,920 construction jobs and 674 operational jobs.

The plans include up to 1,620 new homes and more than 13,000 square metres of commercial floor space.

There will be at least five per cent affordable housing for a minimum of 10 years.

Following consultations the plans reduced the total of new homes from 1,900 to 1,620.

The development will include nine building envelopes, ranging in height from three to 21 storeys.

The NSW Government and Federal Government will jointly fund upgrades to intersections of Showground Road with Carrington Road and De Clambe Drive, Castle Hill.
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The Minister for Planning and Public Spaces Rob Stokes announced the new town centre will change the face of The Hills Showground area

jchancellor

New town centre set for The Hills in Sydney's North-West

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The NSW Government is opening consultation on a proposed centralised digital strata hub to make it easier for anyone who seeks to buy into a strata block to get information.

The hub will consolidate core information about NSW’s 82,000 strata schemes in one place, giving property purchasers insights in their potential new home while allowing the regulator to monitor each building’s ongoing maintenance and defect management.

It will start with Information collected during the construction phase of a building to help consumers make informed decisions about the trustworthiness of a building.

“It will also let the regulators keep a close eye on each strata building to make sure NSW homeowners are not burdened with avoidable building defects when maintenance is neglected,” the Minister for Better Regulation and Innovation Kevin Anderson said.

Anderson hopes it will ensure well-built properties continue to be maintained and managed successfully.

Subject to the passing of legislation and regulations, owners corporations will be required to report certain information about their schemes such as annual fire safety statements, address for service of notices, contact details for the scheme and litigation relating to defects.

“The tool will also manage the building defect bond after it is lodged through the NSW ePlanning portal, which pays for any defects found in the first 24 months after finishing the building work.”

Minister for Customer Service Victor Dominello said the proposed hub will be a game changer for communities.

“Whether you are a strata owner, occupier or prospective buyer, we want to make your life easier by making all the information relevant to your scheme available on one easy to use platform,” Mr Dominello said.

Have your say about the Strata Hub by 19 March online <a href="https://haveyoursay.nsw.gov.au/access-strata-information">here</a>.

<h2>NSW properties selling now:</h2>

[smartcode_project:default project_id=7317]

[smartcode_project:default project_id=6201]

[smartcode_project:default project_id=32227]

 
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Find out which government is proposing a centralised digital strata hub

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First home buyers looking to secure a new off-the-plan apartment will be glad to know they can still take advantage of the NSW Government’s stamp duty exemptions.

Last August, the NSW Government increased the threshold for stamp duty exemption for newly built homes from $650,000 to $800,000 for first home buyers.

The First Home Buyers Assistance scheme (FHBAS) erases barriers to home ownership for many who can now save thousands.

Urban takes a look at six Sydney apartments you can secure and pay no transfer duty

 1. The Laneways, Rosebery 
Address: 33-37 Mentmore Avenue, Rosebery NSW 2018 
One-bedroom apartments from $562,800

[smartcode_project:default project_id=24323]

The Laneways is Rosebery's exciting new address, delivered by Ellerson Property and located on the sought-after Mentmore Avenue.

The boutique-sized apartments include one, two and three-bedroom offerings at an entry price well below the NSW Government’s FHBAS threshold. Among its offerings include a spacious entertainer's kitchen, floor-to-ceiling storage and its convenient location just six-kilometres from the Sydney CBD. 
 

2. Bloom Arncliffe 
Address: 213 Princes Highway, Arncliffe NSW 2205 
Two-bedroom apartments from $710,000

[smartcode_project:default project_id=6201]

Bloom Arncliffe offers one and two-bedroom apartments perfect for first home buyers looking to take advantage of stamp duty exemptions.

Dispersed over seven state-of-the-art buildings, the recently-completed development features space to work from home, private balconies, entertaining space and views of Botany Bay. 
 

3. Beyond, Hurstville 
Address: 93 Forest Road, Hurstville 
One-bedroom apartments from $685,000

[smartcode_project:default project_id=6798]

Designed in collaboration between Woods Bagot and DKO Architecture, Beyond provides first home buyers with incredible amenities at an affordable entry price.

As well as the attached 4,500sqm retail precinct anchored by Woolworths, Fridcorp’s Beyond is boasts an outdoor dining and teppanyaki grill, gardens, lobby bar and residents’ dining. 
 

4. The Galleria, Parramatta 
Address: 23-29 Hassall Street, Parramatta NSW 2150 
Two-bedroom apartments from $699,000

[smartcode_project:default project_id=9190]

Situated in the heart of the Parramatta CBD, the Galleria boasts 20-storeys and numerous on-site amenities, including a sixth-floor sky podium.

Features and finishes of the finest quality have been carefully selected to create an air of enduring style and sophistication from the interior colour palette to the bathrooms and kitchens to the generous indoor and alfresco living spaces. 
 

5. Moseley, Carlingford 
Address: 17-21 Moseley Street, Carlingford NSW 2118 
Two-bedroom apartments from $752,900

[smartcode_project:default project_id=25486]

The affordable Moseley project by the H&amp;T Group is located in the City of Ryde, and close-by Epping Station.

Offering 41 one, two and three-bedroom apartments with contemporary design, modern silhouettes and amenities, first home buyers can save on the project. Among its offerings include private storage, a gym, communal entertaining areas and an electric car charging dock. 
 

6. Eminence, Zetland 
Address: 811 Elizabeth Street, Zetland NSW 2017 
One-bedroom apartments from $745,000

[smartcode_project:default project_id=21882]

Set in the dynamic inner-city precinct, Zetland, Eminence delivers a trio of boutique buildings commanding four street frontages nestled perfectly between Surry Hills, the transformational Green Square precinct and the Sydney CBD.

Delivered by Meriton and designed by DKO Architecture, Eminence brings together residences with onsite retail, childcare facilities, podium gardens and five-star amenities.
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First home buyers looking to secure a new off-the-plan apartment will be glad to know they can still take advantage of the NSW Government’s stamp duty exemptions

Save thousands: Sydney apartments you can secure without paying stamp duty 

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The NSW Government has announced further details of the project to facilitate the removal of high-risk combustible cladding from residential apartment buildings across the State.                                                                                    

Minister for Better Regulation Kevin Anderson confirmed that Project Remediate would provide interest-free, 10-year loans, to strata owners corporations.

The program developed since the 2020-21 NSW Budget seeks the removal by 2023 of high-risk combustible cladding on an estimated 225 buildings across NSW.

There is a project assurance service that will be coordinated through the Office of the NSW Building Commissioner.

The scheme will also help take pressure off owners' corporations by appointing a managing contractor to oversee each individual project from design to final completion.

Under the project details announced today, a financial partner will be engaged to facilitate the provision of interest-free loans to eligible Owners Corporations to fund remediation works. 

Over the next few months, the NSW Government will be tendering for the financial partners and a managing contractor for the program. Applications for owners corporations to take part in the project will open in March.
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The NSW Government has announced further details of the project to facilitate the removal of high-risk combustible cladding from residential apartment buildings across the State

NSW Government starts high-risk cladding removal process

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The NSW Government’s planning system acceleration program has fast-tracked approval on a $64 million construction project in Redfern.
Located in the heart of the suburb, the new 18-storey building will be home to more than 400 students and create 240 construction jobs, said Minister for planning and public spaces Rob Stokes.
The building will include Aboriginal artwork and creative open public spaces.
“This is another example of a major shovel ready project being given fast-tracked approval to keep the NSW economy ticking throughout the pandemic,” Stokes said.
The Redfern development is one of 11 projects in the sixth tranche of the NSW Government’s acceleration program.
To date, the program has created more than 50,000 direct job opportunities.
As the NSW Government steers to make affordable student accommodation a priority, many projects are popping up in the <a href="https://www.urban.com.au/developments/redfern-nsw?utm_source=PropertyObserver">Redfern area</a>.
In June, Singapore-based developer <a href="https://www.urban.com.au/developers/wee-hur-holdings-ltd?utm_source=PropertyObserver" target="_blank">Wee Hur Holdings</a> announced plans to create its second student accommodation facility in Redfern. 
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NSW Government fast-tracks student accommodation in Sydney's Redfern

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The NSW government have pulled together a number of agencies to activate the state's outdoor hospitality spaces.
Their main task is to make approvals for alfresco dining and drinking easer and faster for venues to get. 
Minister for customer service Victor Dominello said the NSW Government is keen to work with venues to better use open spaces to help generate business and create jobs. 
“The pandemic has made indoor spaces less amenable to socialising so it’s time we reduce barriers to spending more social time outside,” Mr Dominello said.
“We’re at a point where we need a cultural transformation to breathe life back into hospitality businesses and it makes sense to take advantage of NSW’s great climate and superb hospitality offerings, while adapting to a world where COVID transmission remains a risk.”
The taskforce will include representatives from: 
•         NSW Health
•         Liquor &amp; Gaming NSW
•         The Office of Local Government
•         The Office of the Small Business Commissioner
•         NSW Police
•         Department of Planning, Industry and Environment
•         Transport for NSW
•         NSW Food Authority 
“This group of alfresco architects will look into streamlining existing legislation, so we have a pilot in place before summer, as well as long-term solutions where it makes sense to standardise the outdoor drinking and dining scene. A default safe alfresco culture should be the norm,” Mr Dominello said. 
Minister for planning and public spaces Rob Stokes said the taskforce will work out how to streamline applications for venues to use their outdoor spaces in time for summer.
“Public spaces have become more important than ever before. As we head into the warmer months, we need to find ways to keep our vital hospitality sector buoyant, while also keeping people safe,” Mr Stokes said.
“Our climate is perfect for alfresco dining, which brings life and vibrancy to our streets and public squares and gives people a reason to visit city centres.”
 
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jrobinson-rf4aSBido9

NSW government launch new taskforce to tackle outdoor dining scene

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Treasurer Dominic Perrottet has announced the 2020-21 NSW Budget will be handed down on Tuesday, November 17, 2020.
The Budget was deferred in March following a recommendation by the National Cabinet of Commonwealth, State and Territory leaders.
“Our focus over the last six months has been on protecting the lives of the people of NSW during this pandemic as well as sustaining their livelihoods,” Mr Perrottet said. 
 “Our priority in recovery is supporting jobs, jobs and more jobs and the 2020-21 Budget will reflect that.”
Confirmation of the Budget date comes as the NSW Government’s commitment to COVID-19 health and economic support measures approaches $16 billion. 
 “NSW is the engine-room for the Australian economy and we’ll light the way out of these unprecedented times.”  
“We look forward to delivering for the people of NSW once again.”
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March 2020 NSW Budget now scheduled for November

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New and prospective homeowners will have protections against purchasing defective residential apartment buildings from tomorrow, when the NSW Government’s landmark Residential Apartment Buildings Act 2020 comes into effect.
Minister for Better Regulation Kevin Anderson said the new laws work to prevent buildings with serious defects going on the market, and give clear recourse in the event of a defect.
“The days of shonky certifiers and dodgy developers ripping off unknowing apartment buyers are numbered. They are officially on notice – we can now stop you pushing defective buildings onto consumers,” Mr Anderson said.
From tomorrow, September 1 the Office of the NSW Building Commissioner will have the power to stop defective apartment blocks from being built and sold.
"Developers who have done the wrong thing can also face huge fines," Mr Anderson said.
The changes include a compulsory six-month notification that a developer will be applying for an occupation certificate; powers to withhold an occupation certificate where the building is not up to scratch; the ability to order rectification of any serious defect and recover costs associated with that rectification; and on-the-spot inspections of buildings up to six years old, and in extreme circumstances up to 10 years old.
“These new powers provide a massive increase in the level of assurance and protection for consumers. They are a critical step in the NSW Government’s commitment to restoring consumer confidence in the building sector,” Mr Anderson said.
NSW Building Commissioner David Chandler OAM said they send a clear signal to the construction sector that sub-standard projects will not be tolerated. 
“Our sights are set on the small percentage of industry players who aren’t doing the right thing. Whether you are a builder cutting corners, or a certifier passing work that isn’t good enough – expect action from our new team of inspectors,” Mr Chandler said.
“We acknowledge, however, that sometimes things may not always go to plan, and I want to assure industry that we will work constructively during the audit process with parties who are trying to do the right thing to help resolve issues efficiently.”
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