Sep 9, 2026 – 8.00pmNew apartments in Sydney’s inner east could be priced at more than $3 million to make their construction palatable to developers, with the real estate industry warning that there was little prospect of mid-market units despite the Minns government’s plans for thousands of new homes.Labor this week detailed its proposed rezoning of the city’s affluent east – including tripling the density in Edgecliff and Woollahra – under a plan that could deliver 9400 new dwellings as part of attempts to stymie the rapid price growth over years that has made Sydney housing unaffordable.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles
‘Far from affordable’: Minns’ Sydney homes plan means $3m units
NSW Labor has unveiled its plan for 9400 new homes in the city’s inner east. But too few of the new apartments may meet the needs of ordinary residents.
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