A massive land audit in New South Wales is revealing nearly 300 government-owned sites worth over $1.39 billion—potentially up for sale to tackle the housing crisis and build 21,000 new homes. Sites like a Sydney Olympic Park car park are already on the market, while others like Hornsby Station remain in public use despite being flagged. Critics fear public assets are being sold off without delivering homes, while the government argues vacant land serves no one and prioritizes future needs like schools and transport. The process involves offering sites first to state agencies, then Homes NSW and Landcom, before the private market—but confusion remains over some properties’ status and what’s happened to them. This complex, high-stakes effort pits urgent housing demand against the preservation of public assets, sparking fierce debate.
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