The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
25 DAYS UNTIL OUR UNMISSABLE FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
25 DAYS UNTIL OUR FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
SECURE YOUR SPOTDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
ResidentialClare BurnettTue 05 Dec 23

Landcom Plots $30m BtR Project for Southern NSW

Landcom BTR EDM

Landcom has launched plans for a build-to-rent project in Bomaderry in the south of NSW. 

The $30-million pilot project by the state government-owned developer would deliver 50 new homes, of which 20 per cent will be affordable. 

The development is slated for a site at 53-57 Bolong Road, and 4 and 8 Beinda Street at the southern end of Bomaderry town centre in the City of Shoalhaven.

Bombaderry is north of Nowra and about 2½ hours south of Sydney.

The site is near the Bomaderry train station, Nowra TAFE, and parks and road networks, including the recently upgraded Princes Highway.

Work is under way to complete the design and planning ahead of a development application being filed. 

Subject to approvals, construction is planned to begin next year ahead of residents moving in by the end of 2026.

It is part of the NSW government’s build-to-rent program that also includes Landcom is delivering 50 apartments on the Tweed, although details of this project in the state’s north have not been released.

The South Coast has one of the lowest rental vacancy rates in the state and 47 per cent of Nowra households are experiencing rental stress.

Prior to its NSW election win, Labor pledged to focus on build-to-rent projects in regional areas, including turning surplus public land into rental stock. 

“We need more housing options for essential workers, particularly in regional areas where it is difficult to retain staff,” Minister for the Illawarra and South Coast Ryan Park said.

“With better housing security and affordability available, we can attract more health workers to the South Coast which will improve outcomes for the entire community.”

Minister for Housing Rose Jackson said that the state government “knows that it needs to be directly involved in confronting the housing crisis”.

“The build-to-rent program delivered through Landcom represents a direct intervention into regional housing markets to deliver more affordable housing properties and is one of the first steps that we are taking to better support our regional communities,” she said.

ResidentialBuild-to-RentAustraliaPlanningPolicyPlanningPolicy
AUTHOR
Clare Burnett
More articles by this author
ADVERTISEMENT
TOP STORIES
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy to the Sound of Cannons: Molti’s Counter-Cyclical Move to Melbourne

Leon Della Bosca
5 Min
Exclusive

Tapping the Bunnings ‘Halo Effect’

Taryn Paris
5 Min
Exclusive

‘Construction Not a Scale Game’: Hutchinson

Phil Bartsch
9 Min
Nation's build-to-rent project Charlie Parker in Sydney's Parramatta where more projects are being located and built outside the CBD.
Exclusive

Foreign Capital Still Dominates BtR but Things are Changing

Marisa Wikramanayake
7 Min
Exclusive

Fortis Reveals Plans for Coveted Bowen Terrace Site

Taryn Paris
4 Min
View All >
Sherpa South Brisbane DA hero
Development

Sherpa Shifts Gaze from Beaches to Brisbane’s ‘Aria Territory’

Phil Bartsch
Justin Butterworth will speak on a panel at Urbanity 2025 on the Gold Coast.
Technology

Platforms Pump Up Rental Revolution: Justin Butterworth

Renee McKeown
Sponsored

HCP: Real Projects, Real People, Real Returns

Partner Content
HCP gives you real control: no pooling, no surprises, just secured loans with proven returns…
LATEST
Sherpa South Brisbane DA hero
Development

Sherpa Shifts Gaze from Beaches to Brisbane’s ‘Aria Territory’

Phil Bartsch
3 Min
Justin Butterworth will speak on a panel at Urbanity 2025 on the Gold Coast.
Technology

Platforms Pump Up Rental Revolution: Justin Butterworth

Renee McKeown
4 Min
Finance

HCP: Real Projects, Real People, Real Returns

Partner Content
5 Min
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy to the Sound of Cannons: Molti’s Counter-Cyclical Move to Melbourne

Leon Della Bosca
5 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/landcom-regional-build-to-rent-bomaderry-shoalhaven-nsw