New housing completions in Sydney remain at record highs, according to new figures released by the New South Wales state government.
Data from the Department of Planning and Environment found there were 37,575 new homes completed in Greater Sydney in the 12 months before April 2017.
“Once again these are great figures for Sydney, showing the NSW Government is committed to tackling housing supply and affordability,” Minister for Planning and Housing Anthony Roberts said.
“We are tackling housing affordability in this state head on as demonstrated in the Budget, where we have allocated $720m over the next four years to address the key issue of housing affordability.”
The state was working hard to make home ownership attainable for as many people as possible, Roberts said.
The number of homes completed in the year to April 2017 was 36% higher than the most recent four year average, he added. New construction has occurred across Sydney with over 63% of new detached house completions occurring in Blacktown, Camden, Liverpool, and Hills Shire areas over the last 12 months.
Local government areas with the higher number of homes completed in this time include:
- Parramatta (4,890)
- Blacktown (2,925)
- Bayside (2,805)
- Canterbury-Bankstown (2,598)
- Camden (2359)
Additionally during the same 12 month time period, housing approvals in Greater Sydney reached 55,741.
“We are not just getting more homes built, we’re creating vibrant communities that are supported by record investment in infrastructure including public transport, schools and hospitals,” Roberts said.
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