An additional 958ha of land has been opened up in the Macarthur region to boost
Sydney’s housing supply as a series of projects propel the area towards major population growth.
On November 22, the Minister for Planning announced Menangle Park had been rezoned in a bid to increase much-needed housing stock. It marks another major project for a region already undergoing significant change.
So let’s investigate the latest new for Macarthur and what this initiative means for a region flagged by the government as a corridor of population growth.
The latest project
On November 22 the State Government announced the rezoning of Menangle Park, effectively adding 3000 residences to the housing supply of the area. It comes amidst a push to open up new affordable housing stock for a city experiencing high house prices and a shortage of supply.
The land release will facilitate a new town centre, public school, commercial and retail land, community facilities, and land for public recreation.
Department of Planning and Environment director for regions Steve Murray told the Daily Telegraph the recent land release is just the beginning.
“The land release is the starting point for creating a vibrant new community in the booming Macarthur area,” he said.
“There will also be improved bus services and the Menangle Park railway station has connections to Campbelltown, and then on to the Sydney CBD.
“There are also plans for new pedestrian links and cycleways to encourage healthy and active ways of getting around town.”
Critically, the project will also include a $116 million road connecting Menangle Park to the Hume Highway. It will act as an alternative to the Narellan Road. The new link is forecast to be complete by 2023, and will then pave the way for an additional 15,000 lots.
The project is tipped to also provide the region with 3000 jobs.
The newly announced Menangle Park project is just one of many under way in an area of Sydney experiencing unprecedented growth.
The greater Macarthur region, including Campbelltown and Glenfield is among the areas slated by the State Government for an urban renewal plan that extends from Glenfield to Campbelltown and beyond to Macarthur.
Under the plan Campbelltown-Macarthur is to be established as a city in its own right, with 33,000 new homes to be constructed across a series of precincts.
There are plans for substantial land releases in the areas of Mount Gilead and Menangle, and a new town at Wilton. In the more distant future there are also proposed plans for a major land release at West Appin.
According to the Daily Telegraph the influx of new residents will see 500,000 people in the Macarthur region by 2036 “trumping the future populations of the Sunshine Coast, Northern Territory and Wollongong”.
“The Macarthur population, expected to rival or exceed Canberra, will skyrocket with housing developments either planned or underway at Bardia, Oran Park, Cobbitty, Gregory Hills, Menangle Park, Appin, Gilead and Wilton.”
A haven of the future
Easily commutable to Sydney, the Macarthur and wider region growth plans are set to make the area an asset in the future.
Growth is coupled with significant infrastructure plans, increased job supply and public amenities – all designed to make Macarthur an affordable, liveable and purpose-built area that offers a future asset to the greater City of Sydney.
About SJ Realty
SJ Realty specialises in real estate within the Macarthur region. We boast a wealth of insight into the current and future position of property in the region.