Best Suburbs in New South Wales: State Rules, Demand & Returns Guide

A New South Wales guide to best suburbs: state licensing and planning rules, where demand sits, yield ranges to test and expert help.

NSW has a defined co-living housing planning category for properties with at least six private rooms and shared furnished areas, alongside a substantial student and key-worker rental pool across Sydney, Newcastle and Wollongong.

Co-living suits Macquarie Park, Parramatta and Surry Hills. Student accommodation suits Kensington, Macquarie Park and Camperdown. Rooming houses suit Penrith, Campbelltown and Blacktown.

Check NSW Department of Planning controls and the relevant Local Environmental Plan. Co-living housing has specific planning definitions in NSW. Always engage a licensed planning consultant.