Low & Mid-Rise Housing Reforms
Unlocking the Real Value of North Shore R2 Allotments
The introduction of the NSW Government’s Low and Mid-Rise Housing Reforms marks a massive turning point for residential property development across Sydney. Starting with the Stage 1 implementation on 1 July 2024, the state enacted blanket changes to Chapter 6 of the State Environmental Planning Policy (Housing) 2021, directly altering the development potential of R2 Low Density Residential zones.