Billbergia to deliver 1,300 new dwellings across Greater Sydney by 2026
Prolific Australian developer Billbergia, in partnership with Homes NSW, is on track to deliver 1,300 new dwellings across Greater Sydney by 2026, including critically needed new social and affordable housing providing new homes for 3,000 people.
With a combined value of over $1.3 billion and spanning three mixed-tenure developments at Lidcombe, West Ryde and Arncliffe, all three projects are designed, funded and delivered by Billbergia on NSW Government land sites adjacent to key transport hubs.
Presenting an innovative solution to the ongoing housing crisis, these mixed-tenure projects are the result of a partnership between Billbergia, Homes NSW and Community Housing Providers (CHPs) Evolve Housing Group and St George Community Housing (SGCH).
Both Lidcombe and West Ryde have been delivered in the past six months and over 1,300 residents have already moved into their 526 new homes. Both of the successful developments are working in partnership with Evolve Housing for tenancy management services.
A building in the completed The Parade, West Ryde: Image supplied
Construction is also well underway on a third collaboration project – this time with two CHP’s - Arncliffe Central - comprising 804 new apartments in Sydney’s inner south and earmarked to be the largest-mixed tenure housing development to date – with both Evolve and SGCH.
The three projects are delivering diverse and affordable housing outcomes, with 41 per cent of dwellings at Lidcombe Rise being social and affordable, 20 per cent of The Parade at West Ryde dedicated to social housing, and project partners seeking support to deliver almost 75 per cent of dwellings at Arncliffe as social, affordable
and essential worker rental housing.
Billbergia Development Director Rick Graf said the ability to deploy government land assets for redevelopment makes it uniquely feasible to deliver high-quality social, affordable, and private-market homes at scale, helping to address the housing shortage.
"Our partnerships with Homes NSW, Evolve Housing and St George Community Housing, allow us to redevelop government land into thriving and highly connected mixed-tenure communities,” Graf said.
With construction now well underway, Arncliffe Central is located next to Arncliffe train station and comprises 804 apartments over four individual towers.
Set above a retail podium with a new public park, a childcare centre, and a community centre and library, it will deliver a landmark 196 dwellings dedicated to social housing – and pending further support from government partners an additional 406 affordable and essential worker rental homes.
Private apartments rapidly sold off the plan within Lidcombe Rise and The Parade, with almost 90 per cent sold to owner-occupiers, reflecting the strong market appetite for transport-oriented mixed-tenure developments.
Saul Moran, Development Director of Planning & Design at Billbergia, said their projects are testimony to what can be achieved through private and public sector collaboration with community housing providers, unlocking significant social and economic benefits.
"It is clear that tri-party partnerships present a compelling solution to Sydney’s ongoing housing shortage and affordability issues."