Annual Report

Our organisation

Landcom is the NSW Government’s land and property development organisation. We are a State Owned Corporation that works with government and the private and not-for-profit sectors to deliver exemplary housing projects that provide social and economic benefits to the people of NSW.

We help the NSW Government achieve its urban management objectives by taking a lead role in improving the supply, diversity and affordability of new housing.

Our mission is to create more affordable and sustainable communities.

What Landcom
is here to achieve

Our mission is to create more affordable and sustainable communities

Our Role

Help the Government achieve its urban management objectives

Our Aim

Create innovative and productive places that demonstrate global standards of liveability, resilience, inclusion, affordability and environmental quality

Our Strategic Direction



Increase the affordability, supply and diversity of housing



Partner with others to unlock development opportunities and improve delivery



Demonstrate excellence in sustainable development and planning practice

How our people make it happen

Our Values

Embrace challenge to deliver outcomes

Embrace challenge to deliver outcomes

Excel through strong relationships

Excel through strong relationships

Bring an enterprising spirit

Bring an enterprising spirit

Our Code of Conduct

Act with honesty and integrity in everything we do.

Build relationships, treating all others with respect and dignity. Ensure the safety and wellbeing of yourself and others. Respect confidentiality and use information appropriately. Use and manage public resources economically and efficiently.

Hold each other accountable to the Code of Conduct.

FY20 economic
and financial


million returned to NSW Government

(Income tax equivalents
and dividends declared)


million dividend paid

(In relation to 2019)


million net profit after tax


million sales revenue



new home sites


Modern Slavery Statement



Task Force for on Climate-related Financial Disclosures

Awards and

In FY20 Landcom received the
following recognition and awards:

The 2020 GRESB Real Estate Assessment ranked us as third most sustainable residential developer in Australia, and within the top 12% of all developers globally.

In past years Landcom has been the only government land organisation in the world to participate alongside publicly listed and private companies in GRESB (formerly known as the Global Real Estate Sustainability Benchmark). In 2020 we have been joined by three peers from Europe and one from the United States. We welcome the diversity and leadership this represents from government developers.

Julia Reserve in Oran Park won a Parks and Open Space Award from the Australian Institute of Landscape Architects (NSW). JMD Design led the award application.

Gateway Park, now Vanguard Park, at Edmondson Park, won Honourable Mentions in both the Lighting and Night Experience, and Art and Sculpture categories by the International Federation of Landscape Architects (Asia Pacific), in an award application led by eco-design.

Newleaf Renewal project at Bonnyrigg won the Chairman’s Prize for Social Infrastructure from the Western Sydney Leadership Dialogue along with NSW Land and Housing Corporation.

We won an Inclusive Employer Award 2019 from the Diversity Council of Australia.

The Blacktown Native Institution consultation won the International Association for Public Participation Australasian Project Award for Indigenous Engagement. This award was won jointly with Dharug Strategic Management Group, GHD, Blacktown Arts (Blacktown City Council) and C3West (a program of Museum of Contemporary Art Australia).

Recognition for individual staff include Director Sustainability & Learning Lauren Kajewski being recognised as a Green Star Champion 2020 by the Green Building Council of Australia and Senior Development Manager Ray Fard winning the Western Sydney University Dean’s Medal (School of Business and Law) and the Dean’s List Award 2019.