NSW 15 New Priority Precincts for Sydney

I've read those ones before. They are pretty vague - very much a copy and paste job with street name changes from suburb to suburb.

Simply saying "lets to do this" doesn't really achieve much if there is no real vision. Seems a bit like a "build it and they will come" theory.

Not sure how much change is going to occur if their plan is to slap units on top of the shops on Haldon St and push open space areas further away

This quote is pretty much repeated throughout all the different suburbs with minimal explanation of how its is achieved.

 

We live near Lakemba-Wiley Park for some 7 years now and have hardly noticed / sensed any improvement in the area both in terms of appearance and vibe.

 

I would live there and have posted threads asking about the area in the past.

Might go check out a few apartments this weekend with the introduction of the FHB grant.

Warren Buffett still lives in the same first house he purchased > 50 years ago.
Same way I'm certain there are multi-millionaires living in Lakemba (Furniture Shop & Factory owners who wouldn't want to move)

 

I would agree with you

 

Yes, and I know my observation should have little to do with the area future growth potential.

 

Correct

 

The revised and more detailed Sydenham to Bankstown Urban Renewal plan will be released later this month btw!!! Those draft and 'vague' maps currently on the Dept of Planning website will be replaced with more comprehensive analysis and planning. There's also preliminary investigation that Canterbury Racecourse will become a massive business/employment hub in the future which should co-exist in the revised strategy that will come out soon. About Lakemba and Belmore, the fact that it is a priority precinct, means that it will receive SPECIAL attention and additional government funding for new infrastructure projects. I agree that currently Lakemba is run-down but I see this as an OPPORTUNITY or a drawcard as the prices are lower than surrounding areas yet the future holds promise, and with extra government funding - the future is more important than anything from an investor's perspective.

 

You're right it may have been under a certain size and exempt, but this was the opinion of the deck builder who does these for a living all over Sydney (that most of his clients don't bother with DA's even when they have to). A lot of folks in Sydney buy houses at auctions without even getting building/pest inspections done so who is to know what is an approved build or not?

 

Is this just a plan or something that is already scheduled ?

 

Its was announced ...In time LEPs and other planning instruments will all reflect this and plan and schedule infrastructure around the proposals. At present its a plan. Just like Badgerys Creek Airport is a plan. Some sooner than others eg Metro v's Rouse Hill Hospital

Priority Growth Areas and Precincts - Department of Planning and Environment

 

Has the new plan released yet?

 

No update so far?

 

It's still a dump and as a percentage only a small number of Sydneysiders would want to live there. Almost none would have been born here...

 

Thanks for sharing it @wombat777

Seems like just a plan, haven't heard it materializing yet.

 

Hey,

For those that are wondering this plan was supposed to be gazetted with all the properties in the plans rezoned however it was scrapped mid 2018.
Weirdly enough every block up to next door of my parents house is now high rise and we are closer to the station then they are
Government dumps massive Sydney housing plan