Everything Property

108: The Billion Dollar Policy Shift - Unlocking NSW’s Low-to-Mid Rise (LMR) Goldmine with Elie Sleiman

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Apr 23, 2025
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INSIGHT

Overview of NSW LMR Policy

  • NSW's Low-Mid Rise (LMR) policy covers 171 train station and shopping precinct areas, allowing new housing freedoms.
  • It enables higher-density development within 800 meters walk, primarily in R1, R2, R3, and R4 zones, with specific restrictions.
INSIGHT

Grouped Zoning Rules

  • LMR groups zones: R1 and R2 share rules; R3 and R4 share another set.
  • Approval for dual occupancies, multi-dwelling housing, terraces, and flat buildings comes with specific height and floor space ratio caps.
ADVICE

Manage Floor Space Ratio (FSR) Carefully

  • Understand Floor Space Ratio (FSR): gross floor area divided by site area.
  • Stay within 65% FSR for dual occupancy to avoid refusals across local councils.
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