1976: The beginning

The Land Commission of NSW was established by the NSW Government in November 1976 in response to the shortages of residential land and the accompanying rapid price rises which occurred in Sydney, as in the other major cities in Australia in the late 1960s and early 1970s.

The Land Commission of NSW, which would later become Landcom, commenced operations on 8 November 1976.

The organisation’s main purpose was to acquire land for present and future urban development and other public uses to help moderate the housing market, stabilise land supply and support the development industry with homesite sales to be made at the ‘lowest practicable price’.