With a metro stop coming soon and located in the heart of a major entertainment precinct, this suburb now has a final masterplan to guide its growth through 2050.
More than 25 years after hosting the Olympic Games, Sydney Olympic Park is entering a new phase.
The NSW government has approved the final masterplan for Sydney Olympic Park, aiming to transform the precinct into a “world class sport and entertainment precinct”, alongside a community with more homes and jobs.
The new masterplan features building up to 15,000 new homes by 2050. Picture: NSW government
Located 10km east of the Parramatta CBD and 14km west of Sydney’s CBD, Sydney Olympic Park has evolved into a thriving suburb since its origins as the host venue for the 2000 Sydney Olympic Games.
The area officially became a suburb in 2009 and today, more than 20,000 residents live across the 640-hectare precinct. Projections estimate it could accommodate up to 33,000 people and 26,000 jobs by 2050.
According to the state government, the masterplan leverages major transport and infrastructure investment, including Sydney Metro West , to deliver a mix of new housing, retail and commercial space alongside the precinct’s established sport and entertainment hub.
Across Sydney Olympic Park, the plan allows for 15,000 new homes by 2050. This includes a requirement that 20% of housing on government-owned land be affordable housing, along with 5% on private land.
The final plan represents an increase from the draft masterplan, which initially accounted for 13,000 new homes.
The masterplan also includes 10 new playgrounds, nine outdoor public spaces and four new sports fields.
NSW minister for planning and public spaces Paul Scully said the plan aligned with the state’s broader push to increase housing supply alongside transport and infrastructure capacity.
“More than 25 years on from the Sydney Olympics, Sydney Olympic Park remains a world class hub for sport and entertainment and now a growing community while maintaining the legacy of the ‘Green Games’,” he said.
“The 2050 Master Plan builds on this, maintaining what we love most about the precinct while guiding growth so the precinct can support up to 26,000 jobs and 15,000 homes by 2050.”
Projections estimate Sydney Olympic Park could accommodate up to 33,000 people by 2050. Picture: NSW government
The state has also confirmed it will work to establish a Special Entertainment Precinct in Sydney Olympic Park, supporting its evolution into a major mixed-use destination.
This is expected to roll out over the next 25 years, with growth aligned to projects such as Sydney Metro West, the Parramatta Light Rail extension, and upgrades including the Homebush Bay Drive roundabout project.
The Property Council of Australia welcomed the final plan, noting the increased housing yield compared with the draft version.
Property Council Western Sydney regional director Ross Grove said the masterplan would position Sydney Olympic Park as a major mixed-use precinct.
“Sydney Olympic Park is already supported by an unusually strong mix of transport and community infrastructure — including rail today, the future Sydney Metro West station, and the Parramatta Light Rail Stage 2 connection — alongside major sporting, open space and social assets,” he said.
“That combination makes Olympic Park a logical place for Sydney to take a bigger bite out of the housing challenge. After 35 years of taxpayer investment in this precinct, it is reasonable to expect a strong housing dividend.”
Sydney Olympic Park Authority CEO Neisha D’Souza described the masterplan as a “catalyst for investment and growth”.
“The Master Plan 2050 is the catalyst for investment and growth – bringing certainty and unlocking opportunity,” she said.
“We’re proudly creating a place that celebrates its history while embracing a future of innovation, culture, and community-first design.”
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