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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The NSW Government has acquired the heritage listed Hadley Park Estate to ensure an important part of Western Sydney history will be protected, preserved and eventually opened up to the public.  

Minister for Planning and Housing, Anthony Roberts, said the Government had acquired the property from the Penrith Lakes Development Corporation. 

“Getting this property into public ownership has taken considerable effort, and it’s important we make sure the restoration work is done, and the needs of the community accounted for, before it is opened up to the general public. 

“Department of Planning and Environment will consult with the community to develop a management plan for the long-term future management of the estate."

[smartcode_project:default project_id=5910]

Roberts told the 2Gb broadcaster Ray Hadley, whose family once owned the colonial estate, that the department was investigating options with the NSW Department of Industry on a training program for young apprentices and students to participate in the restoration work. 

Hadley Park was one of the oldest farming estates in Australia (above photo credit department of environment and planning).

<img alt="" src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/2/22/Hadley2.jpg"> 
Source: Penrith City Library.

The land comprises a farm house, a collection of farm buildings, a garden and a part man-made lake on the Nepean River floodplain.

Local member and the Minister for Western Sydney and Member for Penrith, Stuart Ayres,noted the property was once home to Charles Hadley, a pardoned convict who settled in the Castlereagh area and began building his estate within 20 years of the first fleet arriving.  

The New South Wales Government heritage listed Hadley House at Castlereagh last June.

The homestead’s significance is one of Australia’s oldest farming estates.

But keeping it on the map for future generations has been a struggle.

The Castlereagh property has a special meaning for <a href="https://www.2gb.com/government-officially-signs-off-on-hadley-house-heritage-listing/" target="_blank">2GB broadcaster Ray Hadley</a>, belonging to his fourth great-grandfather Charles Hadley in the 18th century.

In February last year, the Penrith Lakes Development Corporation assured Ray that Hadley Park would be protected only to go back on its word.

[smartcode_project:default project_id=8590]

Ray has previously thanked the Minister and the government for preserving the historic location.

“I think it’s very important, from my point of view, that we leave some sort of legacy into the future, where our children… can go and look at places and have a look and feel what it was like back then.”

NSW Heritage says it is difficult to overestimate the significance of this complex, "still extant in its original 1803 grant, and still in a remarkably unaltered condition".

Ray Hadley suggest the two storey building might be Australia's oldest two storey building, from 1806, and <a href="https://www.propertyobserver.com.au/https://www.flickr.com/photos/nikabuz/37058129814" target="_blank">maybe the oldest timber cottage known to survive in Australia</a>.

[smartcode_project:default project_id=5897]

The area is now owned by the Penrith Lakes Development Corporation (PLDC) and is off-limits to the public.

The main farmhouse is an extremely rare surviving example of a jerkin head roof structure embodying a most unique and unusual timber structure and clad externally with brickwork.

The technical excellence of the timber roof structure is paralleled by Elizabeth Farm, Parramatta, Old Government House, Parramatta and St. Mathgew's Anglican Church, Windsor and because of this technical excellence the building cannot be described as vernacular.
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NSW Government secures Hadley House at Castlereagh for public admiration

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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

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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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GUEST OBSERVER
PIA supports the thrust of the proposed reforms to the NSW planning system to improve the impact of strategic planning, strengthen community engagement and build community trust.
The NSW Government today foreshadowed a different direction to the exhibited reforms by seeking to mandate independent planning panels of experts to determine high value development applications in every council.
The previously exhibited reforms included a power for the Minister of Planning to order the establishment of a panel for a particular council – rather than a general requirement for every council.
PIA continues to support the selective introduction of Local Planning Panels with determinative authority especially in urban areas with a high development assessment volume and in circumstances where there is no delegation of assessment or determination to appropriate council officers.
This is consistent with our submission to the reforms. However, they should not be mandated in circumstances where there is an effective and harmonious alternative delegation system in operation.
PIA continues to support a streamlined and effective process of decision making for planning applications. If there are councils where there are resources, and there is an effective and harmonious alternative delegation system in operation, PIA NSW believes that Planning Panels should not be mandated.
PIA continues to support an effective role for elected councillors, particularly in making strategic planning policy for the LGA to achieve outcomes for communities and places.
The administration function relating to approvals/refusals should be managed either by delegation to staff, or in the case of more substantial matters by a panel who are equipped to take on technically complex assessments.
Panels are good for their detailed expertise, complex development assessment, and independent assessment and they do reinforce the fact that good governance is needed in the development application process.
Jenny Rudolph is president, PIA NSW, and can be contacted <a href="https://www.planning.org.au/nsw" target="_blank">here</a>.
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The role of planning panels in NSW: Jenny Rudolph

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GUEST OBSERVER
The package of measures to support first homebuyers released by the NSW Government is a step in the right direction.
The decision to support first homebuyers with the purchase of existing properties is something that we have been lobbying fiercely for for some time now.
It is great to see that the NSW Government has recognised the significant role that existing properties play in the issue of housing affordability and the restrictions first homebuyers faced with paying excessive amounts of stamp duty.
Premier Gladys Berejiklian announced the stamp duty exemption will be extended to first homebuyers of existing homes up to $650,000 from 1 July 2017 and reduced stamp duty rates to homes valued up to $800,000. The current stamp duty exemptions on new homes up to $550,000 and a reduced rate stamp duty rate to $650,000 will also be increased to match the new exemptions and concessions for existing homes.
We believe there is room to increase stamp duty concessions to further reflect the median house price in Sydney as well as Newcastle and Wollongong and believe that at the levels announced by the state government, regional areas, where property prices are not so high will benefit from an influx of first homebuyers.
However, not enough has been done to address bracket creep. As a result the rest of the market is left to pay excessively high stamp duties that have not been reviewed for more than 30 years and have gone on average from less than 2 percent of the purchase price to now more than 4 percent.
The effects of the announced foreign investment levies are a great unknown as they could have a positive or a negative effect.
If the new levy doesn’t dampen the enthusiasm of foreign investors there will be the same level of activity, they will pay a higher price and the government will reach it’s revenue targets, however little will be achieved to help with the issue of housing affordability because they will still be competing with first homebuyers.
On the flip side if they do respond and go elsewhere it could have a negative effect on the marketplace as it will impact on construction and employment. There is the possibly of a huge negative impact on the viability of major developments due to the banks insistence on extensive presales. This would put upward pressure on supply and rents.
We are waiting on the detail of the medium density changes as this was a big part of our lobbying. REINSW believes it is one of the quickest solutions to the supply/choice issues of getting people moving to more appropriate housing.
We are hoping that the state government is going to retain some powers on this as local councils are too slow to respond due to NIMBYism. REINSW is after a coordinated multi occupancy policy to enable two, three and four dwelling medium density subdivisions in residential zones similar to the old SEPP on dual occupancy.
REINSW recognises that the document released by the NSW Government is entitled “A Fair Go for First Homebuyers”.
We hope that the second phase of the Government’s housing affordability plan is “A Fair Go for Retirees” which includes stamp duty concessions for retirees to sell and move to a more appropriate home, by providing a discount on a single purchase for people aged 65 and over to get the stock of clogged family homes into the market.
The retirees are often sitting on nest eggs they could realise much earlier whereby they could subdivide and build a new more appropriate home along with a home or two to sell or retain for family or low-income accommodation.
This is great first step by Premier Berejiklian to address housing affordability as pledged in her first days of office. We look forward to seeing the Government build on this promise and will continue offer support and guidance throughout the process. 
 
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John Cunningham is president, REINSW and can be contacted <a href="https://www.reinsw.com.au/imis15_Prod/web" target="_blank">here</a>.
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First homebuyers package a step in the right direction: REINSW

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EXPERT OBSERVATION
The NSW Government has announced the first tranche of projects to be fast tracked through the Planning Acceleration Program.
The Minister for Planning along with the Department of Planning and Treasury deserve praise for developing strong criteria for assessment of projects and using those criteria to fast track projects which will create employment.
All of the projects in the first tranche released today have the support of Council and were already well progressed. Many are government sponsored projects including Snowy Hydro and projects submitted by the Department of Education.
We are particularly pleased that some of the projects that were caught up in the St Leonards stalemate have been progressed. This is a good start indeed.
We hope that this can be used as a precedent to stimulate activity in other corridors which are supported by new infrastructure including Parramatta Road (supported by WestConnex); Sydenham to Bankstown (supported by the new Metro).
Urban Taskforce supports the publication of a strong set of criteria for assessment of projects which have been submitted for consideration.
These criteria will be used to consider further tranches of projects for fast-tracking in the coming weeks and months.
We welcome the NSW Government’s recognition of the private sector property and development industry to the NSW economy. Representing 10% of the economy, the measures taken to support the industry are critical to tens of thousands of workers.
There are a number of significant projects across greater Sydney and Newcastle that can be fast-tracked to unlock construction activity, employment and provide housing without compromising the integrity of the planning assessment process.
Tom Forrest is the CEO of property development industry group Urban Taskforce.
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