Secret analysis reveals $1.4b in public land facing potential sale
Confidential documents reveal that the New South Wales government is considering the sale of nearly 300 public land sites worth over $1.39 billion. The audit is part of a broader strategy to address the state's housing crisis by unlocking underutilised land.
Why it matters
The potential sale of public assets for private development is a significant policy move that impacts housing affordability and public land ownership.
Save You have reached your maximum number of saved items.
Remove items from your saved list to add more.
Share A A A Nearly 300 publicly owned sites worth more than $1.39 billion could be sold on the private market through the Minns government’s surplus land audit, confidential documents have revealed.
Documents tabled in NSW parliament reveal that Landcom and Homes NSW have scrutinised the viability of developing dozens of properties across the state. Two spreadsheets compiled by both agencies are significant as they provide the first insight into the extent of public land that could ultimately be sold off under the land audit, one of the government’s means of tackling the housing crisis.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in