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Strategic Advisory Services

NSW Government property audit for housing

About the project

Housing the people of our state is a top priority for the NSW Government.

In May 2023, all NSW government agencies were directed to immediately pause the sale of government-owned land and property while an audit is undertaken to determine what could potentially be used to address the NSW housing supply shortage.

As government’s central property agency, Property and Development NSW (PDNSW), with the assistance of the Cabinet Office, is conducting an audit to identify available government property that may be suitable for housing.

Its focus is on government-owned property that is no longer needed for service delivery or infrastructure in priority housing areas where there is a community need for housing.

As part of the audit process, PDNSW undertakes  initial due diligence (an appraisal process) on nominated sites using the government’s land use evaluation tool, Land iQ, before more detailed due diligence takes place.

The audit has so far identified 44 sites not being used by government that are suitable for housing.

Homes NSW and Landcom, the government’s developers, will have the first choice of these sites for the delivery of social, affordable, essential worker and market housing.

The identified sites they do not require will be developed into housing with the private sector.

All sites identified through the property audit will be subject to agency assessments and local planning approvals, which will determine the final number of homes.

The property audit is ongoing.

Background

The property audit is one component of the NSW Government’s broad range of policy objectives and initiatives to support housing delivery across the state.

To find out more, visit Housing.

Contact us

For further information, email:

propertyaudit@dpie.nsw.gov.au