WHAT DOES THIS MEAN FOR YOU

The NSW Government’s Low & Mid-Rise (LMR) Housing policy allows more homes to be built on residential land such as duplexes, terraces, and apartment buildings.

FIND OUT WHAT YOUR PROPERTY COULD BE WORTH

We offer a complimentary assessment to determine:
·If your property qualifies under LMR
·Its potential development value
·The best strategy to maximise your sale price

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QUESTIONS YOU MAY HAVE?

“What exactly is LMR zoning, and how does it affect my property?”

The Low and Mid-Rise Housing (LMR)  policy is now allowing for more diverse housing types like duplexes, townhouses, and even mid-rise apartments.

“My house is currently a single-family home. Does LMR zoning really mean a developer would be interested?”

Absolutely! It might now be possible to build multiple dwellings or a mid-rise complex where only one house stood before. The LMR policy aims to unlock development potential in areas previously constrained by restrictive zoning.

“Are there specific locations where these LMR changes have the biggest impact?”

Yes! The LMR changes are particularly impactful for properties located within 800 metres of major transport hubs (train stations, Metro, light rail) and local town centres.

“Could these changes attract new types of buyers to my property?” 

Definitely! Beyond traditional owner-occupiers, your property will now be on the radar of residential developers, builders, and investors specifically looking for sites with multi-dwelling or mid-rise development potential.

“How quickly are developers acting on these LMR changes?”

Developers are very keen on capitalising on these changes. This means there’s a strong market for properties that fit the new LMR criteria, potentially leading to a quicker sale and a premium price.