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CENTRAL COAST
REGIONAL SNAPSHOT
2016
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Sustainable Communities and Population Growth
2015 State of the Land Report – UDIA
The Urban Development Institute of Australia NSW (UDIA)
commissioned the 2015 State of the Land Report by Monteath
and Powys to investigate the performance of land supply on
the Central Coast. The report identifies that “there is a chronic
shortage of land available for development on the Central Coast.”
Despite the fact that there are large holdings that should be made
available for release, the Central Coast optimistically has four
years-worth of supply available. “When consideration is given to
the fact that it takes at least five years to go through the zoning
process, there is a real prospect that there will be shortages in the
near term.”
The report also identifies that “The analysis indicates that current
supply (i.e. new dwellings on the ground) is well below the
projected dwelling targets in strategic planning documents.”
Analysis of the remaining undeveloped residentially zoned
land on the Central Coast was undertaken based on a similar
approach to registrations and sales. The summary of this analysis
indicates that there is approximately 429 hectares of undeveloped
residentially zoned land in Greenfield Release Areas on the Central
Coast, with all occurring within the Wyong area.
The report also indicates that “Based on the additional required
dwellings up to 2031 (18,062), then approximately 11,300
dwellings (61%) of future dwelling supply will need to come from
outside undeveloped Release Areas already zoned for residential.”
The report outlines six recommendations, of which the first two
pertain to the Central Coast region.
“To address prevailing land supply shortages and to avert
an even bigger problem in the next five years UDIA NSW
recommends the following actions:
Recommendation 1:
It is obvious that urban renewal in Gosford has failed to deliver
sufficient private dwellings. This would suggest that planning
regulations are creating an environment where development is not
financially feasible. It is critical that the Council review its development
controls. The Council should test its controls against the Department
of Planning and Environment’s Urban Feasibility Model.
Recommendation 2:
A greater emphasis should be placed on housing choice outside
the Gosford CBD, in smaller existing centres along road and
transport corridors.
The recommendations of the Urban Development Institute of
Australia NSW (UDIA) 2015 State of the Land Report highlight
the need to address prevailing land supply shortages to provide
additional housing choice outside the Gosford CBD.
These recommendations are aligned with the stated objectives of
the NSW Government’s Regional Plan 2036 as identified by the
NSW Department of Planning and Environment.