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The Sydney Housing Supply Forecast provides information on where, when, and how many new homes are likely to be built within the city. Updated yearly, the forecasts are used across Government to inform infrastructure planning and service delivery to support new housing development. They also inform decisions on future land use zoning to ensure adequate levels of new housing supply are maintained.
The forecast is one indicator of how additional demand can be met within existing planning controls and economic conditions. The forecast also considers current residential developments that are either under construction or approved for development, as well as analysis of likely future development under current zoning and planning controls. Information gathered from local councils and industry is also reflected in the forecast data.
Sydney’s population is projected to grow by around 1.74 million people to 2036, resulting in the need for around 725,000 additional homes to 2036 to accommodate the growing and ageing population.
The forecast methodology is outlined further in the Explanatory Notes.
View the video below and the media release to learn more:
Page last updated: 02/09/2019