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Sydney buyers avoid train suburbs due to remote work, threatening rail-linked housing plan.
Sydney homebuyers are increasingly avoiding train station suburbs due to lasting remote and hybrid work trends, reducing demand for homes near transit hubs, especially units, according to UTS research.
While prices and rents near stations have become more affordable for owners and investors, rental demand remains high, driving up costs and threatening affordability.
The study warns the NSW government’s plan to build 170,000 homes around rail stations may fail without investment in parks, schools, shops, and amenities.
Experts urge prioritizing mixed-density housing, build-to-rent options, and subsidized transit for low-income residents.
The government has introduced a pattern book for low-rise designs and bipartisan-backed reforms to accelerate development.
Los compradores de Sydney evitan los suburbios de trenes debido al trabajo remoto, amenazando el plan de vivienda vinculado al ferrocarril.