Flood-affected homeowners will get first opportunity to buy 19 residential lots in East Lismore following approval of the first stage of a new housing development at Crawford Road.
The lots are expected to go on sale before the end of 2026, with people who have accepted a buyback through the Resilient Homes Program given priority before any remaining land reaches the open market.
Purchasers will be able to build a freestanding home or duplex, or relocate a suitable buyback home.
Minister for Recovery and Lismore MP Janelle Saffin said the approval would provide another housing option for displaced residents.
‘This is another important step in rebuilding Lismore and giving local people more housing choices on safer land,’ Ms Saffin said.
The development is being delivered by Landcom and the NSW Reconstruction Authority through the state government’s $100 million Resilient Lands Program.
The broader 72-hectare site, acquired from Southern Cross University in 2025, has the potential to accommodate more than 500 homes, with at least 20 per cent designated as affordable rental housing.
However, buyers will still face a wait before moving in.
Landcom’s current schedule puts the start of Stage 1 works in early 2027, with the first residents expected in late 2027, subject to construction and home relocation progress.
Prices for the initial lots have yet to be released.
Eligible buyback participants will shortly be invited to register with Landcom for information about pricing, plans, sales dates and opportunities to reserve a lot.
Terrace sales are expected around mid-2027.
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