MEDIA RELEASE by Parramatta Greens : 6 August 2017
The Parramatta Greens today launched a new plan that will free up local rental accommodation and
raise more than $5.0 million per year for the City of Parramatta Council to spend on community housing.
The most recent Census data shows more than 5,450 homes in Parramatta are unoccupied.
That’s almost 7% of properties, and it’s a troubling figures given the current housing crisis.
The Greens’ Empty Homes Levy would enable Parramatta City Council to charge an additional
levy on the owners of untenanted investment properties, with the revenue being invested in local housing projects.
There is huge need for affordable housing in Parramatta,
where the median price for houses is $675,000 and for units $609,000. No wonder that homelessness is increasing.