Sydney is the epicentre of Australia’s housing supply crisis - and many experts blame government hurdles in releasing land and nit-picking councils for holding back the supply of homes.
Sydney builder Alistair Jones says the approval process is soaking up time and money and reducing the viability of medium density projects that would deliver much-needed housing supply.
He is midway through building a block of 20 apartments in Bondi and has just wrapped up a Land and Environment Court case on plans to develop a freestanding home into a duplex in a medium-density zone tucked behind Double Bay. On the group’s most recent Land and Environment Court approved projects, the total planning cost varied between 2 and 8 per cent of the total development cost. But court action often added another 40 per cent to the planning costs.Approval times haven’t changed much in the past five years, but are still trying, he said, noting that the average duplex approval will take between six and 12 months, depending on the town planning controls.
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