Almost 200,000 new homes in Sydney by 2023 – but not evenly spread

The number of houses and apartments built in Sydney will continue to increase over the next five years above already record highs – according to forecasts from the state government.

Forecasting shows about 192,000 homes are expected to be built over the next five years. That figure is an increase from a record 185,000 five-year housing forecast made three years ago – a rate of change that helped trigger concerns about the scale and quality of development across many Sydney suburbs.

Parramatta will be the fastest-growing council area, with 22,100 dwellings built by 2023. The second fastest will be Blacktown, with 18,300 dwellings, followed by the City of Sydney (14,850), Liverpool (11,950) and the Hills (11,700).

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Source: The Sydney Morning Herald

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