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Governments across Australia are confronting the challenge of ageing public housing estates that no longer meet contemporary living standards and are expensive to maintain. In NSW, the growing waitlist for affordable housing has increased the urgency to find viable, cost-effective solutions. Traditionally, estate renewal has followed a demolition and rebuild model. This model involves relocating tenants, demolishing existing homes, and constructing new buildings — a process that is disruptive, costly, and environmentally intensive. In response, OFFICE have developed an alternative strategy known as Retain, Repair, Reinvest (RRR). This model is grounded in the belief that housing is a human right and focuses on retaining existing communities, repairing current housing stock, and reinvesting savings into upgraded housing and infill development. The RRR strategy was developed initially in response to renewal practices in Victoria, but has since been applied to this feasibility study of Waterloo North and Central. The RRR report presents a strong case for refurbishment over demolition. It finds that retaining existing buildings and infilling with new, well-designed housing could deliver significant economic, environmental, and social benefits. Financially, the model could save over $700 million, including $290 million in construction costs and $76.9 million in avoided social costs associated with resident relocation. Environmentally, the refurbished buildings would achieve up to an 85% reduction in energy demand, with improved NatHERS energy ratings and a 33% reduction in carbon impact compared to demolition and rebuild. Socially, RRR significantly limits the upheaval of displacing residents for years during redevelopment. In terms of housing delivery, the RRR proposal accommodates 3,034 dwellings — a reduction from the 3,900 proposed in the 2019 master plan, but more than the 2,250 units proposed in the City of Sydney’s alternative plan. It balances higher density with preservation of open green space, mature trees, and community gardens — priorities expressed by residents during consultations. Refurbishment costs are also far lower per unit, averaging $246,000 less than the cost of new construction. Overall, the RRR strategy challenges the rationale behind developer-led demolition models by highlighting hidden costs, such as health, education, and relocation. It shows that a thoughtful refurbishment and infill strategy can improve living conditions, preserve communities, and achieve substantial savings — offering a more sustainable, resident-focused path forward for public housing renewal in NSW. This report was produced with the assistance of the City of Sydney’s Innovation and Ideas Grant program.