POPULATION BOOM HAS STARTED

¦ 27.5 per cent of all new residential subdivision approvals across Sydney’s Greenfield release areas were approved in Penrith over the past year.
Nanjing Night Net

¦ Figures released under the Sydney Metropolitan Development Program Monitor show a total of 1161 approvals for future residential dwellings were approved in Penrith between May 2011 and May 2012. This represents 27.5 per cent of Sydney’s total new Greenfield release area lots released over the period (Sydney’s total was 4224).

¦ With an average Penrith household size of 2.9, these figures will lead to 3367 new residents in Penrith when construction of dwellings is completed – predicted over the next 18 to 24 months.

This will build on Penrith recent population growth spurt of 6300 new residents recorded between the most recent Census periods (2006 – 2011).

¦ 671 of these new DAs for residential subdivisions were located at Jordan Springs (by Lend Lease), and 346 at Caddens Rd (by Landcom).

This story Administrator ready to work first appeared on Nanjing Night Net.