NSW rural property owners given more power
The New South Wales government has unveiled a new set of guidelines that will provide landowners ...
The New South Wales government has unveiled a new set of guidelines that will provide landowners more building and selling power.
Announcing the initiative yesterday (March 25), minister for planning and infrastructure Brad Hazzard said there are thousands of small land parcels on Sydney's outskirts and in regional areas of the state that are sitting 'redundant'.
"These lots typically range from around 200 square metres to 1,000 square metres, are often irregular in shape and are held by 'mum and dad' landowners," Mr Hazzard explained.
"When the properties were originally subdivided, no land was allocated for roads, footpaths or services such as power and drainage – making it virtually impossible for legitimate development to occur."
Owners of the some 10,000 rural properties will now be able to build a home on the land, or sell the pieces of real estate under the new reforms.
Mr Hazzard said the land could help boost housing stocks in both Sydney and regional areas of the state - supporting NSW's growing population as a result.
The proposed guidelines would see areas rezoned for residential use, with Riverstone in Sydney's North West Growth Centre the first suburb likely to benefit from the new process.