Why is now the best time to build in NSW

The NSW property market is undergoing a major shift as the state increases its efforts to address its housing shortages and unlock new development opportunities.

Landscapes are increasingly favoring potential home builders through government-backed initiatives such as financial assurance before sale and fast tracking program approval.

As demand for housing continues to outweigh the supply, these changes are open to people who want to establish, invest or enter the market as they drive greater housing accessibility and density.

David Shorten, NSW general manager at Metricon, the largest home builder in NSW, said with recent program reforms and government incentives aimed at increasing housing supply, now is the right time to hope to build new homes in NSW.

“The combination of planning reform and targeted government support is to create more accessible opportunities in New South Wales,” he said.

“These changes are designed to reduce housing delivery for traditional Chinese tape and fast tracks – through our own ‘FastTrack’ process, Metricon is closely aligned with Metricon.”

For buyers, this could mean bigger options, faster approvals, and an entry point for more affordable new home ownership.

More and more confident shape buyers decide

Short said that as New South Wales, which affects current trends, has steadily increased land value, Short said that general sentiment among potential homebuyers and builders is positive.

“We are seeing cautious optimism return to the market, and buyers recognize that falling interest rates and rising land values make it a smart time to act,” he said.

“There is a clear interest in value, certainty and forward-looking plans.”

Metricon meets specific buyer needs such as schedules, budgets and customizations by providing flexible home design, transparent pricing structures, and simplifying simplified building processes tailored to personal lifestyles and financial goals.

“We have built a business around understanding and meeting the individual needs of each customer,” Short said.

“From fixed-price packages and our ‘building time guarantee’ to a wide variety of home design and upgrade options, we provide the flexibility to help build the dream home for a modern Australian home.”

Shorten said Metricon’s end-to-end service means buyers are supported at every stage and have full transparency in timelines and costs.

Market Stability Bolsters House Building Prospects

Despite recent challenges such as construction costs and labor shortages, the current stability of the housing construction sector in NSW is helping to maintain confidence and keep projects across the industry growing.

“While the industry faces challenges, we see renewed confidence driven by larger governments, improving supply chain stability and a more balanced labor market,” Short said.

“Metricon’s lifespan and financial resilience, including global support from our Sumitomo Forestry Group, continues to provide assurance to customers and partners. We focus on sustainable growth, and our NSW business reflects this long-term view.”

Looking to the future.

“At Metricon, we expect a steady increase in demand, especially as infrastructure improves, land supply opens and interest rates are cheaper,” he explained.

The main challenges will include ensuring that the planning process stays pace and maintains skilled industries across regions, but Metricon is ready to meet those challenges, Shorten said.

“With a strong foundation, we believe the next two years will be defined by progress and opportunity,” he said.

Shorter schedules provide rare guarantees

Metricon offers build time guarantees* and FastTrack** processes that are striking in the broader challenges facing the Australian homebuying industry.

According to the Australian Master, the average time to build a detached home in New South Wales has increased by more than 26% over the past 15 years, reaching around 12.8 months in 2024.

In this case, Metricon’s guaranteed timeline provides rare certainty and confidence for homebuyers navigating in complex markets.

“Metricon’s single-story homes are guaranteed to be built at 17 weeks, while the 25 weeks of a double-story home are our scale, experience and simplified architectural models,” Shorten said.

“There are eligible conditions to take advantage of Metricon-wide homes in our freedom to take advantage of this assurance, but for many new home buyers, we think it is an attractive offer.”

In NSW, Metricon has invested in people and systems that accelerate recognition and reduce delays.

Shorten explained that their “FastTrack to Website” process can start building a new home in just 12 weeks of the deposit, ensuring customers avoid long wait times and are confident in delivery.

Design selection is in line with trustworthy delivery

Apart from speed and certainty, there are several other advantages that make Metricon unique in the field of housing construction, especially in terms of design flexibility, value and customer support.

“With nearly 50 years of experience and more homes built nationwide than any other builder, PUE provides unparalleled expertise and reliability,” Shorten said.

“Metricon offers a complete value proposition, building speed and financial transparency from competitive price and promotional savings to design choices.”

Supported by their commitment to customer service and long-term stability, Short said building with Metricon is “a confident decision to turn a dream into a key.”

As New South Wales accelerates its efforts to increase housing supply and affordability, conditions are aligning with the new wave of residential development.

With a stable market, support for government initiatives and simplified building options for industry leaders such as Metricon, buyers are increasingly able to take the next step.

For those ready to build, the road to gaining ownership of a home in NSW has never looked more achievable.

For more information, visit Metricon’s website.

*Cast up to 30 square qualified single-story houses and up to 40 square double-story houses in the NSW building area. The time range is only applicable to construction and does not include external works. Applicable conditions, qualification standards and exclusion conditions.

** Metricon’s Fast Track 12 Weeks Website Start Program (“Program”) is available on the new Freedom and Designer Home deposit from 1 May 2025. Metricon will review each applicability within 14 days of receiving all necessary paperwork and notify the client if it accepts the work. This program is only valid for Standard Freedom or Designer Family Programs. Only structural changes in the metric system are allowed. To meet the time frame of the ad, Metricon depends on the purchaser’s quick return of all paperwork (including attending any appointments, signing and returning documents) within 3 days and provides the basic information required for the construction contract within 14 days. Your studio M selection appointment will take place on the first available date. To ensure that the schedule is met, date flexibility will be limited and it is your responsibility to ensure that you are available on the date of your nomination. If no files/information are provided, Metricon will not be liable and/or important information is provided after the requested date. Home design changes after the deposit date may invalidate the discount and any guaranteed time frame. Third Party Delays: Mt. shall not be liable for delays and/or on-site start deadlines arising from the preparation and signing of a construction contract, which are caused by third parties that are beyond their reasonable control, including but not limited to the need for the state to reduce worker restrictions and/or other lockdown measures on construction sites. NSW Contractor License 174699c. 20250501