A further 10 projects have been declared as State Significant Development following recommendations from the Housing Delivery Authority (HDA).
Of these proposals, eight are in metropolitan Sydney and two are in regional NSW.

If all are lodged and approved, it could create more than 1,700 homes, including affordable housing across New South Wales.
There are now 492 state significant HDA proposals, which would create more than 152,000 homes.

Twenty of these proposals have been approved, unlocking more than 4000 homes, of which 10 projects have started construction.
State Significant Development applications have been lodged for a further 71 projects representing around 26,180 potential homes.

To date State Significant Development declarations have been revoked from twenty-eight proposals which failed to meet timelines or where the applicant decided not to proceed.

Recommendations from the HDA are published as required under the Environmental Planning and Assessment Act 1979 before the SSD declaration.

For Sydney residential property, Cotality recorded dwelling values falling 1.2% in June alone, leaving values 3.7% below their January 2026 peak by the end of Q2. Domain’s quarterly series shows the weakness particularly clearly in houses: Sydney house prices fell 3.3% over the June quarter, while the national capital-city house market declined 1.4%.

Importantly, units have been materially more resilient than houses. Sydney units entered Q2 from a record March-quarter median of $848,227, after 13 consecutive quarters of growth. This affordability differential is increasingly important as higher borrowing costs constrain purchasers.

The Q3 evidence so far reinforces the correction rather than indicating stabilisation. Cotality recorded a further 1.4% fall in Sydney dwelling values in July, taking Sydney to more than 5% below its recent peak. PropTrack independently recorded Sydney prices falling 0.6% in July, its fourth consecutive monthly decline.