30/06/2024
New reforms to the State Environmental Planning Policy (Housing) amendment Transport Oriented Development (TOD SEPP) will become effective from 1 July 2024. Divided into 2 parts, the program aims to streamline development processes and address housing shortages.
Part 1 focuses on fast-tracking development in 8 “accelerated precincts” with land within 1200 metres of Metro and heavy rail stations in Bankstown, Bays West, Bella Vista, Crows Nest, Homebush, Hornsby, Kellyville and Macquarie Park to be rezoned and developers offered expedited approval pathways for high and mid-rise housing projects. The rezonings, to take place between September and November 2024, are expected to create, over the next 15 years, capacity for up to 47,800 new well-located homes.
Part 2 involves rezoning 37 additional precincts to accommodate taller apartment buildings near well-located and well-connected stations. The new regulations will supersede existing housing policies, providing more generous allowances for development. New planning controls will allow residential flat buildings in all residential zones (R1, R2, R3, R4), and residential flat buildings and shop top housing in local and commercial centres (E1, E2), within 400m of identified stations. Projected to create capacity for 175,000 new homes over the next 15 years.
Relevant to most home owners, duplexes, terraces, townhouses and manor homes will now be permitted to be built on R2 zoned land across NSW, which previously only allowed detached housing. The reforms will override local council objections through state planning laws.