Parramatta LGA
Housing Portfolio Strategy
HillPDA was commissioned by the Land and Housing Corporation (LAHC) for the provision of consultancy services to undertake Strategic Property Market Advice for LAHC assets within the Parramatta Local Government Area (LGA).
The purpose of the study was to guide decisions that focus on better utilising the underlying land value and redevelopment potential of assets to renew, improve and grow the portfolio.
Our value add
To implement the Strategy, HillPDA in collaboration with LAHC, prepared plans for dwellings within the Parramatta LGA. The strategy identified:
- Opportunities for renewal
- Small scale redevelopment
- Large scale redevelopment sites
- Planning context and portfolio configuration
- Investigation of key precincts to determine redevelopment potential in the short and longer term
- Capacity to support current and future client demand.
The project considered the deliverable in terms of economic feasibility and viability to reinvigorate the housing portfolio.
Outcome
HillPDA developed a comprehensive asset management strategy with supporting asset database, economic feasibility testing and financial gap model.
Services:
- Stakeholder Engagement
- Housing Portfolio Analysis
- Economic Modelling
- GIS Mapping
- Acquisition
- Redevelopment and Divestment Action Plans
Client: Land and Housing Corporation
Project date: 2016
For more information, contact Elle Clouston, Associate