Latest News

Back to Latest News back

 

Olympic Pool cost blow out contributes to North Sydney Council rates increase

Olympic Pool cost blow out contributes to North Sydney Council rates increase
February 12, 2025

Despite resident protests, North Sydney Council has voted to increase rates by more than 87% over two years.

Agreed by a vote late on Monday night, the Council will need to get approval for the special rate variation from NSW’s Independent Pricing and Regulatory Tribunal.

One of the biggest drivers in the need for a rate increase has been the cost blowout of redeveloping the heritage-listed North Sydney Olympic Pool - now estimated to cost about $120 million.

The Council has advised that the rising costs for the project, originally estimated to cost $64 million, have been driven by lingering impacts of the COVID-19 pandemic, increase in service delivery costs and declining revenue from other sources.

As reported by media, North Sydney Mayor Zoë Baker said the rate increase was the "harsh reality" of the former Council's "bloated vanity project" to redevelop the pool, which she had voted against.

She advised “now is the time to make the difficult decisions for the greater good.

"And now we are here at the crunch time for the clean-up. Doing the essential financial repair, making the hard, responsible decisions.”

Olympic Pool project cost blowout impacts other council
Concerns over the ballooning cost of the North Sydney Olympic Pool are leading to caution among local governments across the nation when considering refurbishing or building new aquatic facilities.

Late last year, Royal Life Saving Society - Australia Chief Executive Justin Scarr wrote on social media that “the true cost of the North Sydney Pool refurb is much more than $91 million (and is) drowning out hope of a pool rebuild or refurbishment for many more communities across Australia.”

Pointing to Royal Life Saving having previously reported the urgent need for upgrades to 500 community pools over the next decade, Scarr went on to state “rapid urban development means many more people in densely and diversely populated suburbs have to pack a picnic to get to a good place to swim or wait in line to get lessons for their kids.

“Yet, whenever the idea of a comprehensive targeted investment strategy for community pools is raised the most common response is ‘what about North Sydney’, usually with an eye roll.

“Busting through the cynicism is a challenge but it’s not impossible.

“Local communities love their pools. Those reaching beyond the Speedo wearing cohort, make a real additional contribution to health and social cohesion for those who need it most."

Images: Concept for the redevelopment of the North Sydney Olympic Pool (top) and the refurbishment of the pool includes preservation of its heritage elements which date back to is construction in 1936 (below).

Related Articles

6th January 2025 - Royal Life Saving to stage symposium on future of aquatic facilities

20th December 2024 - Australian Swim Schools Association and NSW Aquatic and Recreation Institute to stage joint conference in 2025

1st November 2024 - Rising costs of North Sydney Olympic Pool rebuild set to impact ratepayers

3rd September 2024 - North Sydney Council installs defibrillators in parks and offers CPR training

23rd July 2024 - Council to commence legal proceedings against North Sydney Olympic Pool architects

6th May 2024 - North Sydney Council cuts staff as Olympic Pool redevelopment drains budget

6th March 2024 - Royal Life Saving fears 500 public pools may close without strategic investment

12th February 2024 - Cost of North Sydney Olympic Pool redevelopment set to exceed $100 million

1st December 2023 - Further delays in redevelopment of North Sydney Olympic Pool

29th August 2023 - APP Group appointed to project manage redevelopment of North Sydney Olympic Pool

27th August 2023 - Refurbishment of North Sydney Olympic Pool maintains heritage elements

9th May 2023 - Costs rise and delays lengthen in North Sydney Olympic Pool rebuild project

1st November 2022 - North Sydney Council calls for independent review of Olympic Pool redevelopment

20th September 2022 - Delays and rising costs impact North Sydney Olympic Pool redevelopment

13th January 2021 - Builder appointed for North Sydney Olympic Pool redevelopment

11th April 2020 - Council moves forward with plans to redevelop North Sydney Olympic Pool

27th February 2020 - North Sydney Olympic Pool classed as a ‘regional facility’ when gaining Federal grant funding

27th March 2019 - North Sydney Olympic Pool refurbishment needs another $30 million


Support our industry news service
We hope that you value the news that we publish so while you're here can we ask for your support?

As an independent publisher, we need reader support for our industry news gathering so ask that - if you don't already do so - you back us by subscribing to the printed Australasian Leisure Management magazine and/or our online news.

 

supplier directory

The Complete Guide to Leisure Industry Products & Services.

See the directory see all

Chadson Engineering Pty Ltd

Australia’s leading manufacturer of horizontal and vertical media filters suited to all types of commercial pools, water playgrounds marine parks, aquaculture and zoos. They are an ideal…

read more

Aquatics / Technology / Waterparks

 
 

TPEC Pool Enclosures

TPEC Pool Enclosures provide a large range of premium commercial and residential retractable swimming pool, spa and terrace enclosures throughout Australia, servicing residential, local government…

read more

Aquatics / Design / Recreation / Venues

 
 

Spill Station Australia

Compliant chemical storage and decanting solutions. Includes spill kits, spill containment pallets, chemical decanting decks and safety shower and eyewash equipment. See our full range of solutions

read more

Aquatics / Safety / Security / Venues

 
 

Humanforce

Humanforce is a global provider of workforce management solutions for companies who need flexibility to manage complex workforces. Companies use Humanforce to manage everything from time and…

read more

Hospitality / Retail / Technology / Venues

 
 

Otium Planning Group

Otium Planning Group is a contemporary sport and leisure consultancy providing services in planning, facility development, management and funding for the sport, recreation and leisure industries…

read more

Aquatics / Consultants / Recreation / Sport / Venues

 
 

Quayclean

Quayclean are a national cleaning and waste services partner with proven results in the understanding and delivery of cleaning needs and challenges faced by facilities including; major venues and…

read more

Aquatics / Hospitality / Surfaces / Venues

 
 

Myrtha Pools

Founded in 1961, Myrtha Pools® quickly became Italy’s première swimming pool company, and has since grown into one of the world's leading swimming pool construction…

read more

Aquatics / Design / Play / Waterparks / Wellness

 
 

Goplay Commercial Playground Equipment

Goplay designs and manufactures specialised playground equipment for indoor play centres, hotels, food chains, clubs and resorts. If our years of experience and dedication have taught us one thing,…

read more

Play

 
 
 
 

get listed with our suppliers directory

Get your business noticed in our targeted directory. Viewed by 10,000 industry professionals per week!

list your business