Co-living housing is introduced as affordable housing aimed at helping a mix of people including young professionals and key workers. It is permitted with consent in a zone in which co-living housing, residential flat buildings or shop top housing is permitted under another environmental planning instrument.
Under the gazetted Housing SEPP, a floor space ratio (FSR) bonus of 10% will apply to co-living housing. The ongoing need of the FSR bonus will be considered as part of a review of the Housing SEPP, which is to be completed within 3 years from its release. Greater flexibility (compared to the Draft Housing SEPP) is also provided around standards for setbacks and building separation for co-living housing, being standards to be considered by the consent authority before granting development consent.
Please feel free to get in touch if you would like further information on co-living housing or the Housing SEPP.