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Fitzgerald Charity Housing

Fitzgerald Housing

Fitzgerald Housing Steps Up to Tackle NSW's Massive Housing Shortfall

Innovative investment strategies and partnerships could help bridge the gap in New South Wales' housing market.

Government is seeking ways to increase housing supply

As the housing crisis in New South Wales (NSW) intensifies, the state government is seeking ways to increase housing supply to meet the growing demand. Departmental briefing documents reveal that NSW will need to construct 75% more homes than projected over the next five years to prevent the crisis from worsening. The state is currently expected to deliver only 36,000 new homes per year for the next five years, falling short of the required 62,800 homes. 

A leading provider of investment solutions

Fitzgerald Housing, a leading provider of investment solutions for property investors in Australia, is ready to step in and help alleviate the housing shortfall. As a registered charity, Fitzgerald Housing is committed to providing affordable, long-term housing through third-party investment. By partnering with builders and developers, local governments, and leveraging bulk property purchases, the organization aims to contribute to the construction of new homes in NSW.

Fitzgerald Housing’s innovative strategies and partnerships with industry leaders ensure that investors receive unparalleled real estate investment opportunities. Investors can benefit from 25% off the initial market value of properties, multiple investment options, full depreciation schedules, tax deductions on rental estates, property refurbishment at the end of the term, and property management with no yearly fees.

To maximize the potential of its investments, Fitzgerald Housing focuses on housing density near transport corridors and infrastructure. This approach aligns with the government’s plans to intensify housing in these areas, making the organization well-suited to contribute to NSW’s housing solution.

Premier Chris Minns has expressed the need to “rebalance” Sydney’s growth by increasing housing targets in the east, without necessarily reducing targets in western Sydney. Fitzgerald Housing’s commitment to ethical and sustainable investment principles places them in an excellent position to support the government’s efforts in addressing the housing crisis.

The state government is also exploring options to speed up the development approval process, including the use of artificial intelligence to assess development applications. These measures, combined with Fitzgerald Housing’s efforts, could help NSW meet its ambitious housing targets and prevent the housing crisis from escalating further.

By exploring unique approaches to property investment, commitment to affordable housing, and innovative strategies, Fitzgerald Housing can play a crucial role in helping NSW bridge the massive housing shortfall. By partnering with the government, local councils, and industry leaders, Fitzgerald Housing can contribute to the creation of much-needed housing, supporting communities and driving economic growth in the region.

 

Contact us today to learn more about our innovative investment strategies and embark on your journey towards financial success.

QUOTES:

  1. “Departmental briefing documents seen by the Herald show the state is expected to deliver just 36,000 new homes a year for the next five years when it needs 62,800 – a shortfall that Planning Minister Paul Scully described as ‘greater than we thought’.” – Planning Minister Paul Scully.
  2. “The average processing time for development approvals also blew out from 83 days in 2021-22 to 105 days this financial year, Scully said. For DAs processed in March, it was 116 days, with staff shortages and incomplete applications blamed for the delays.” – Planning Minister Paul Scully.
  3. “The department has now been tasked with finding ways to speed up the system, including whether artificial intelligence could be used to assess DAs against local environment plans and development controls, instead of humans.” – Unspecified Source.
  4. “In his first major interview in the portfolio, Scully said the troubling figures meant the government may need to go further than planned on its election commitment to intensify housing density near transport corridors and infrastructure.” – Planning Minister Paul Scully.
  5. “While Scully and Premier Chris Minns have previously talked about ‘rebalancing’ Sydney’s growth by increasing housing targets in the east, under questioning Scully acknowledged that would not necessarily involve reducing housing targets in the growth engine of western Sydney.” – Planning Minister Paul Scully.
  6. “‘That’s what we’re working through … [but] I don’t think anyone thinks that it’s a substitution effect,’ Scully said.” – Planning Minister Paul Scully.
  7. “‘The premier has been clear that we need to get supply moving … the numbers I’m seeing have made it even more certain that the commitments we made at the election were right.’” – Planning Minister Paul Scully.
  8. “Asked about Housing Minister Rose Jackson’s remarks last week that people opposed to social and affordable housing developments needed to ‘get out of the way’, Scully said everyone had a part to play in housing supply, but Jackson was not arguing to discard any sensible planning processes.” – Planning Minister Paul Scully.
  9. “However, Scully said he was looking at ways to cut the number of layers involved in the planning system without reducing the quality of decision-making.” – Planning Minister Paul Scully.

FAQs:

1. What is Fitzgerald Housing’s role in addressing the NSW housing shortfall?

Fitzgerald Housing is a registered charity committed to providing affordable housing through third-party investment. They partner with builders, developers, and local governments to contribute to the construction of new homes in NSW.

2. What benefits can property investors expect from investing with Fitzgerald Housing?

Investors can enjoy discounts on property values, multiple investment options, full depreciation schedules, tax deductions on rental estates, property refurbishment at the end of the term, and property management without yearly fees.

3. How does Fitzgerald Housing’s approach align with the government’s plans for housing in NSW?

Fitzgerald Housing focuses on housing density near transport corridors and infrastructure, which aligns with the government’s plans to intensify housing in these areas.

4. How does Fitzgerald Housing support Premier Chris Minns’ vision for rebalancing Sydney’s growth?

Fitzgerald Housing’s commitment to ethical and sustainable investment principles allows them to support the government’s efforts to increase housing targets in the east without necessarily reducing targets in western Sydney.

5. How can the development approval process be sped up to help address the housing crisis?

The state government is exploring options such as the use of artificial intelligence to assess development applications, which could help speed up the development approval process.

Contact us today to learn more about our innovative investment strategies and embark on your journey towards financial success.

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