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Raymond Terrace gets housing boost while rentals receive shake-up

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The transformation of Raymond Terrace into “a city of housing choice” has taken a step closer to fruition after Port Stephens Council secured its share of almost $3 million in government funding. 

The financial boost is the second round of the Regional Housing Strategic Planning Fund, delivering grants of up to $250,000 to councils promising to build their share of 24,000 new regional homes. 

It is hoped the incentive will accelerate new housing strategies, preparation of infrastructure and servicing plans, amendments to local environment plans and the construction of more affordable housing. 

Port Stephens is one of 16 NSW councils to secure this funding from the NSW Government. 

It will use its funding to accelerate the delivery of affordable housing as per its collaboration with Homes NSW, detailed in the Raymond Terrace Sub- Precincts Master Plan. 

Another Port Stephens project was focused on barriers to development including drainage and local flooding, helping 500 homes in the Shoal Bay Precinct be more resilient to flood hazards. 

Regional NSW is desperate for more housing options. 

There are more than 55,000 people on the waitlist for social housing in NSW, over 4,500 in the Hunter region. 

“This is about supporting regional councils to undertake vital efforts to speed up housing delivery for regional communities,” Minister for Planning and Public Spaces Paul Scully said. 

“These 16 grants will help deliver the important planning work needed to boost housing supply, affordability, and diversity and support growing regional communities. 

“Regional NSW plays an important role in the housing supply story for the state, and in making sure that NSW meets its targets under the National Housing Accord.” 

holiday home
Short-term rental accommodation and its role in the housing crisis is once again under scrutiny.

The news follows today’s release of an NSW Government discussion paper seeking community input into short-term rental accommodation. 

The four-week public consultation, led by the Minister for Housing, Minister for Homelessness Rose Jackson, asks the community for their thoughts on balancing short-term rental accommodation in a state in housing crisis. 

Proposals include incentivising property investors to make properties available for long-term rental accommodation. 

“We’re hoping to better balance housing availability for the people of NSW with the benefits that tourism brings to local communities,” adds Mr Scully. 

“We’re in a housing crisis, so it’s important we look at every available option to boost housing supply, including a shift from non-hosted short-term rentals to long term rentals. 

“We’ve already endorsed the Independent Planning Commission (IPC) recommendation to tighten the cap on some non-hosted short-term rentals in Byron Shire, and other recommendations made by the IPC will be considered as part of this broader STRA review.” 

FAST FACTS: 

  • In NSW, housing affordability and availability are at their lowest levels in decades. 
  • Even though NSW has the largest population, it is last on the east coast when it comes to housing completion. 
  • Building approvals and construction activity have slowed while build costs have skyrocketed. 
  • Rental vacancies are low and there are more than 55,000 people on the waitlist for social housing. 
  • This week The Productivity Commission reported that Sydney was at risk of becoming a city with no grandchildren if the housing crisis is not addressed. 
  • An analysis by Homelessness NSW showed that homelessness has risen across 58 of the state’s 128 local government areas in the past year alone. 
  • The NSW Government admits action is needed to strike the right balance between supporting local communities, the visitor economy and jobs, whilst addressing the homelessness, housing and rental crisis. 

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