Sydney is “bursting at the seams” and it is apparent that our infrastructure is not coping. We as a city, are growing much faster than our current development processes and community facilities can accommodate.
The drastic housing affordability issues we are going through put many Sydney families under enormous mortgage and lifestyle stress as they attempt to achieve the dream of owning their own home. The knock-on ramifications of extremely high house prices affects more than just income. A broad range of socio-economic factors that formulate a community are adversely affected by housing affordability crisis situations similar to those being experienced now.
In response to Sydney’s affordability issues, the Federal Government have just announced some of the biggest land development news in over a decade. The proposed Greater Macarthur Land Release is currently investigating the viability of developing around 7,700ha of land in the region creating three new suburb precincts: Wilton Junction, Menangle Park and Mount Gilead.
On 22nd September 2015, the NSW Minister for Planning, Rob Stokes, made the announcement that this development is in full investigation stages to facilitate and satisfy the rezoning and planning requirements. Working closely with both Campbelltown and Wollondilly councils, the NSW Planning Department are carefully considering the land release so that it does not undermine the rural and historic qualities of the area.
The Greater Macarthur Land Release is going to provide extensive opportunities to build modern, healthy communities. At Beechwood Homes, we are committed to this same goal wherever we build our homes. We are excited about this new land release as we see it as an excellent, and much-needed, development alternative for Sydney. Providing affordable, traditional family homes has been the cornerstone of the Beechwood Homes business from the beginning. We believe that this provides ample opportunities for communities to evolve into supportive and comfortable places to live.
These proposed future developments will see 35,000 new homes in the region over the next 30 years and will bring with them extensive supporting infrastructure, employment opportunities and alternatives. That will be 35,000 opportunities for families at all stages of life to build a new home and a new life as part of the Greater Macarthur community.
The simple message is that Sydney must expand in order to accommodate the flourishing population numbers. By providing measured and carefully planned developments, such as the Greater Macarthur Land Release, Sydney is actively building new, functional communities that can enhance our city.