Latest development in Sydney could be good for investment

8.10.13Anyone interested in purchasing an investment property in one of Sydney’s up and coming suburbs should investigate the latest Stockland residential development – the largest ever in New South Wales.

Officially opened on September 25, Willowdale is a 350 hectare development that will be made up of more than 3,000 homes, and neighbouring shops, as well as 25 acres of parks and playgrounds, with talks of a school also being developed.

The new community will be found in East Leppington, which is just 1.5 kilometres away from the developing Leppington train station. There are a number of strong investment opportunities here for buyers to snatch up, as well as options for first home buyers looking into the real estate market.

The lot sizes at Willowdale range from 350 to 600 square metres in size, with prices expected to start around $234,000, with the first settlements expected to begin in June 2014. The community is expected to be ready for residents to move in by Christmas 2014.

Mark Steinert, the managing director and chief executive officer of Stockland, said that the NSW government’s dedication to help increase the number of dwellings available in the city was an extremely important factor behind the decision, especially with the population expected to boom in the coming years.

“In Sydney’s South West, we’re now seeing a once-in-a-generation infrastructure development program, which has been thoughtfully and strategically mapped out to coincide with the rezoning and release of new residential land,” said Mr Steinert in a September 26 statement.

Don’t miss out on your opportunity to secure a slice of property in the next big Sydney city development. Get in contact with a real estate expert and discuss the options available to you, in order to give yourself the best possible investment chance possible.

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