SWOT Analysis of Sustainable Goals in an Australian Context

Goal Key targets Strength Weakness Opportunities Threats

11 Sustainable 11.1 By 2030, The Key Target is to Construction costs and Business Illawarra Developers, foreign
Cities and ensure access for achieve safe, labour have increased (2023, p 3) state that investors pushing sale
Communities all to adequate, inclusive, significantly during the Governments need to prices up, increasing
safe, and affordable sustainable, and inflation period which is act as facilitators and house prices due to
housing and basic resilient cities that ultimately effecting regulators of affordable demand. This has
services and represent the future materials and the housing. Currently there already taken place in
upgrade slums of global living supply chain for the are 1.1 billion people the Illawarra by
(United Nations, building and globally who live in Sydney residents
2024). development sectors 'slum' conditions, this finding housing prices
(Wollongong City includes mostly lower than their
Council, 2023). Core developed countries, surrounding suburbs.
Logic (2024) states that those figures are set the
the ABS have rise to 2 billion in just 6 Pandemics halting
determined that years (United Nations, construction and
household savings 2024). supply in the future.
ratio has hit its lowest
level since 2007, In May 2022, reports
resulting in home- state the median
owners deterring from house rental exceeded
making high-cost/high $600 per week and
commitment decisions that the average house
with their properties. price in the
Wollongong local
The impact on the government area
economy was felt and exceeded $1 million
the government (Wollongong City
introduced Value Council, 2023).
Added Tax (VAT), job
 keeper payments and There is a flow on
builder grants were effect that sees rental
introduced to assist in prices rising as
the economy property prices rise
(Navaratnam, S. et al., (Wollongong City
2022). Council, 2023).

Goal Key targets Strength Weakness Opportunities Threats

11 Sustainable 11.A Support Government has Schemes should be Developing existing or Government funding
Cities and positive economic, various schemes to assisting not new dwellings in rural and support.
Communities social and assist in buying contributing to further areas would bring more
environmental links property; First Home financial loss such as jobs and increase the Finding a product that
between urban, Buyer Assistant using your economy in rural areas. is truly sustainable and
peri-urban and rural Scheme, First Home- superannuation in the Broadening construction affordable to use
areas by Owner (New Homes) First Home Buyer skills by involving locals nationwide to develop
strengthening grant, Shared Equity Super Saver Scheme in rural areas, this would new or existing
national and Home Buyer Helper, (NSW Government, assist in future dwellings
regional First Home Buyer 2024). maintenance and
development Choice, First Home upkeep. Inflation has triggered
planning. Buyer Super Saver The Wollongong a higher demand in
Scheme and The Region hosts a sizable Incentives for labourers social housing, support
Home Guarantee amount of social to travel rurally and services and affordable
Scheme (NSW housing. NSW Land remotely. housing due to the
Government, 2024). and Housing increasing interest
Cooperation own and rates (Wollongong City
manage 6,700 Council, 2023).
dwellings which makes
up 7.5% of the regions
stock (Wollongong City
Council, 2023).