Build-to-rent (BTR) housing is large-scale, purpose-built rental housing that is held in single ownership and professionally managed. BTR housing has the potential to provide more rental housing choice and to support construction jobs and drive economic recovery.
The introduction of BTR housing into the planning system supports changes to the taxation settings for this form of development that were introduced in July 2020.
State Environmental Planning Policy Amendment (Build-to-rent Housing) 2021 was made on 12 February 2021.
The new BTR housing provisions:
Additionally, NSW Treasury has released the BTR guidelines setting out the eligibility criteria. For further information read the BTR guidelines.
From July to September 2020 the department exhibited an Explanation of Intended Effect (EIE) for a proposed Housing State Environmental Planning Policy.
More than 270 written submissions were received in response to the exhibition of the EIE. More than 120 of these submissions included comments on BTR housing.
To view all exhibited documents, including the EIE, visit our Planning Portal.
For more information you can send an email to the Housing Policy team.
Page last updated: 15/02/2021