How does the new medium-density housing code impact residential subdivision potential in outer Sydney suburbs?

The new medium-density housing code significantly boosts residential subdivision potential in outer Sydney suburbs by permitting more diverse housing types on previously restrictive lots. It enables the development of duplexes, townhouses, and manor houses, replacing traditional single-dwelling requirements. This shift allows for higher dwelling yields per hectare, enhancing land efficiency and developer profitability. Consequently, it facilitates the creation of more affordable housing options and increases population density in designated growth areas, supporting the NSW Government's infill targets. It streamlines approvals for compliant designs, accelerating project delivery.