The NSW Government is progressing a state-led rezoning around the dormant Woollahra and Edgecliff train stations to facilitate up to 10,000 new homes. Site investigations have been completed and the draft masterplan is expected on public exhibition in September or October 2026. Right now is the pre-exhibition window — the best time for landowners to understand potential uplift before proposed heights and boundaries become public and the market sharpens.
The proposed Woollahra Station rezoning represents one of the most significant planning shifts for the Eastern Suburbs in decades. The State is proposing to reactivate the long-dormant Woollahra Station and introduce new housing capacity around Woollahra and Edgecliff.
For property owners, the key issue is not only whether a property falls within the catchment, but how the final controls may affect development value, developer demand, amalgamation potential and timing.
As more sites become identified, owners who understand their planning position early will be better placed to assess developer interest, coordinate with neighbouring owners and consider whether to act before the market becomes crowded with competing opportunities.
The rezoning is expected to focus on land around the new Woollahra Station and Edgecliff Station. If your property sits within the proposed catchment, it may be affected by the state-led rezoning proposal.
The final boundary, height controls, density controls and site-specific planning implications will not be clear until the draft masterplan and rezoning documents are exhibited.
During this period, owners can:
A state-led rezoning supported by new transport infrastructure can create meaningful development value uplift for properties within the catchment.
How much uplift is achieved depends on the final planning controls, lot size, frontage, slope, amalgamation potential, location within the precinct and developer demand at the time.
Early planning and commercial advice can help owners:
As the Woollahra Station rezoning progresses, competition between sites is likely to increase. Sites that are well positioned, strategically assembled and timed well will attract stronger developer interest and outperform.
This is the most important question for owners in the catchment right now, and there is no universal answer. Selling before the rezoning is publicly exhibited means accepting uncertainty pricing - developers factor in planning risk and discount accordingly. Selling after controls are confirmed typically produces stronger, more competitive offers, but also more competition from other owners going to market simultaneously.
The window before exhibition - where developer interest is live but detailed controls are not yet public - can be a productive time for owners who want to test market appetite quietly, understand what their site might be worth, and position early without competing against a flooded market. The right decision depends on your site, your timeline, and how the broader rezoning progresses.
Developer approaches in rezoning catchments are common, and they typically arrive well before any formal planning confirmation. Developers want to secure sites at pre-uplift prices. That does not mean the offer is wrong, but it does mean you should understand what the site could be worth before you respond.
Before engaging with any developer - or signing anything - it is worth getting an independent assessment of your site's development potential, understanding what the rezoning could mean for value, and considering whether amalgamation with a neighbouring property would produce a better collective outcome. Chem Property can provide that assessment without any obligation.
Yes, often significantly. Amalgamated sites in rezoning catchments attract materially stronger developer demand than individual lots, because they allow for better planning outcomes, higher yield, more efficient construction, and stronger feasibility. In a precinct where new height and density controls are being introduced, the difference between a single lot and a strategically assembled site can be substantial.
The practical challenge is finding a willing neighbour, agreeing on how to structure the process, and aligning on price and timing without one party disadvantaging the other. Chem Property specialises in managing exactly this process - assessing amalgamation feasibility, modelling collective value, and coordinating the owner alignment and sale process from start to finish.