New $1 billion deal shaping Australia’s newest city – realestate.com.au

The agreement aims to deliver the first phase of Bradfield City, transforming land near Western Sydney Airport into a thriving area with new homes, jobs and essential services.

The NSW Government has announced a $1 billion deal to deliver the first 1,400 homes in Bradfield City – a new planned city taking shape near Western Sydney Airport.

Bradfield City is located to the south-east of the airport area and is proposed to include 10,000 new homes, 20,000 jobs and 80 high-density towers of 15 or more storeys.

According to the state government, it will be Australia’s first new city in 100 years, designed as a center for innovation, education, housing and economic growth in the heart of Western Sydney.

In June 2025, the NSW Government committed $835 million for critical infrastructure to support Bradfield and the wider Aerotropolis region.

This package included new and improved roads, a fire station and essential water infrastructure, paving the way for development progress.

The latest $1 billion deal – signed between the NSW Government and development and investment company Plenary – will transform the first ‘super lot’, a 5.7 hectare plot next to Bradfield City’s first building, Central Park, and the new Metro station, into a vibrant mixed-use precinct.

As part of the project, 1,400 new homes will be delivered, 10% of which will be allocated to affordable housing, while a quarter of the precinct’s footprint will be dedicated to commercial use.

To accelerate the timeline, developments in Bradfield City will be assessed as State Significant Developments (SSD) – a fast-track process reserved for projects of significant economic, environmental or social importance to NSW.

“This more than $1 billion partnership will deliver the first homes, a university and essential services such as childcare, retail and healthcare facilities, laying the foundation for Bradfield City’s future growth,” said NSW Minister for Planning and Public Spaces Paul Scully.

“This builds on the momentum from the opening of the first building, the Advanced Manufacturing Readiness Facility, which is already making Bradfield a hub for innovation with customers across Sydney.”

The first phase will deliver the first homes, a university and essential services. Photo: NSW Government

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In 2026, the plenary meeting will start the market process for acquiring a university partner and a large commercial anchor tenant. SSD applications will also be submitted for a food and drink facility, plus a concept plan with homes, office space and a hotel on the northern part of the site.

The first phase of the development of the site will unfold in phases over the next five years. This first phase is expected to provide public parks, affordable housing, a college campus, childcare facilities and commercial centers.

Plenary Chairman Paul Oppenheim said the project offers a rare opportunity to shape an entirely new city from the ground up.

“Central to the success of this project will be the delivery of 1,400 new homes, more than 10% of which will be affordable housing; complemented by a masterplan area integrating a university campus, commercial space, childcare, retail spaces and a hotel – all adjacent to the new two-hectare Central Park,” said Mr Oppenheim.

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