1. Skip to navigation
  2. Skip to content
  3. Skip to sidebar

Property News

Oxford Street population 'will surge' by 2030

January 30, 2012

The current population of Sydney's Oxford Street precinct could grow considerably over the next 18 years, according to forecasts from the local authority.

Sydney City Council asserts that the population could grow by 1,600 residents between now and 2030 - and suggests that revitalisation work in the area will be key to maintaining its long-term growth.

The Oxford Street Village is one of ten Sydney suburbs that will be the focus of the new 2030 in Your Village scheme this year, along with Glebe Point Road, Harris Street and the CBD and harbour districts.

Under the initiative, the City of Sydney is outlining community-based strategies to preserve and support growth in its key 'villages'.

For Oxford Street, this means that efforts will centre on cultural and creative industries, as well as improvements and renovations in support of local businesses and retailers.

Residents and commercial property investors may also benefit from planned improvements to public transit, which would include light rail linking the area to the eastern suburbs and the city.

A community discussion group is scheduled in March for locals to have their say on the proposed plans, which will be available online ahead of the meeting.

Related Articles

Where do Australians like to go to the beach?

Australia is world famous as a beautiful holiday destination for overseas tourists - from the ...
read more

Former industrial precincts to become residential hubs

The New South Wales government has announced plans to turn two former industrial areas in north ...
read more

NSW infrastructure investment praised

The New South Wales government's massive infrastructure investment in the latest budget will ...
read more

Latest Articles

Cash rate at a standstill

One crucial driver of housing demand is the official cash rate from the Reserve Bank of ...
read more

Powerful population growth for NSW, Victoria

Bigger populations mean more property purchases, and new statistics have shown that New South Wales ...
read more

Newcastle development highlights strengthening New South Wales position

Newcastle is set to undergo development in the near future, with this transformation taking another ...
read more