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CANTERBURY BANKSTOWN Draft Housing Strategy

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CANTERBURY BANKSTOWN Draft Housing Strategy CANTERBURY BANKSTOWN Draft Housing Strategy February 2020 Contents 1.0 Introduction .............................................................................................. 18 Canterbury Bankstown LGA .......................................................................................... 18 Scope of the local housing strategy .............................................................................. 19 Study objectives ............................................................................................................ 20 Local Housing Strategy Guideline.................................................................................. 20 Report structure ............................................................................................................ 21 2.0 Planning policy and context ....................................................................... 23 Greater Sydney Region Plan .......................................................................................... 23 South District Plan ......................................................................................................... 26 Future Transport Strategy 2056 (March 2018) ............................................................. 27 Local Strategic Planning Statement – Connective City 2036 ......................................... 28 Planned Precincts and Renewal Corridor Strategy ....................................................... 28 Sydenham to Bankstown Urban Renewal Corridor ........................................ 28 Canterbury Road Review ................................................................................. 29 Canterbury Bankstown Community Strategic Plan – CBCity 2028 ................................ 30 Local Area Plans ............................................................................................................ 31 Bankstown Residential Development Study 2009 ........................................................ 32 Canterbury Residential Development Strategy 2013 .................................................... 33 State Environmental Planning Policy (Affordable Rental Housing) 2009 ...................... 33 State Environmental Planning Policy No. 70—Affordable Housing (Revised Schemes) (SEPP 70) ....................................................................................................................... 34 State Environmental Planning Policy No. 65 and Apartment Design Guide (SEPP 65) . 35 State Environmental Planning Policy (Exempt and Complying Development Codes) 2008 (Codes SEPP) and the Low Rise Medium Density Housing Code .......................... 35 State Environmental Planning Policy (Housing for Seniors or People with a Disability) 2004 (Seniors Housing SEPP) ........................................................................................ 36 Local character and place guideline and overlay .......................................................... 36 Implications ................................................................................................................... 37 3.0 Strategic context ....................................................................................... 39 Strategic transport connections .................................................................................... 40 Commercial centres, neighbourhoods and villages ...................................................... 40 Government land .......................................................................................................... 42 Environmental context .................................................................................................. 43 Social infrastructure ...................................................................................................... 44 Bankstown Airport & ANEF zones ................................................................................. 46 Planned infrastructure delivery .................................................................................... 47 Transport infrastructure ................................................................................. 47 New and changing employment anchors ....................................................... 48 Repositioning of Bankstown City Centre ....................................................................... 50 Jobs targets ................................................................................................................... 50 Implications ................................................................................................................... 51 4.0 Demographic trends and housing needs .................................................... 53 People ........................................................................................................................... 53 Age .................................................................................................................. 55 Ancestry and language .................................................................................... 58 Education ........................................................................................................ 60 Employment .................................................................................................... 61 Journey to work .............................................................................................. 63 Students .......................................................................................................... 65 Key workers ..................................................................................................... 66 Household structure ....................................................................................... 68 Motor vehicles ................................................................................................ 69 Household income .......................................................................................... 70 Mortgage payments ........................................................................................ 71 Rental payments ............................................................................................. 72 Housing supply .............................................................................................................. 73 Dwelling type .................................................................................................. 73 Dwelling size.................................................................................................... 75 Tenure ............................................................................................................. 76 Affordable housing .......................................................................................... 78 Social housing ................................................................................................. 78 Homelessness.................................................................................................. 78 Housing affordability ..................................................................................................... 79 Housing stress ................................................................................................. 79 Very low-income household affordability against Canterbury Bankstown median ............................................................................................................ 82 Low income household affordability against Canterbury Bankstown median 83 Moderate income households ........................................................................ 83 Housing market ............................................................................................................. 84 Sales ................................................................................................................ 84 Housing preferences ....................................................................................... 85 Discussions with local real estate agents ........................................................ 86 Future housing demand ................................................................................................ 87 GSC Target 2016-2021 .................................................................................... 87 Dwelling projections 2016-2036 ..................................................................... 88 Projected household type ............................................................................... 91 Projected dwelling type .................................................................................. 92 Implications ................................................................................................................... 92 5.0 Development potential .............................................................................. 95 Area analysis ................................................................................................................. 96 Bankstown....................................................................................................... 96 Campsie ........................................................................................................... 96 Canterbury ...................................................................................................... 96 Belmore ........................................................................................................... 97 Punchbowl, Wiley Park, Lakemba stations precinct ......................................
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