PROPERTY SHOWCASE WESTERN SYDNEY
Published in Western Sydney Business Access | Parramatta Times | Blacktown News | www.westernpropertyguide.com.au
North Parramatta Units popular…
As region experiences massive growth OUTLOOK | DALLAS SHERRINGHAM ORTH Parramatta units are still a popular choice amongst real estate investors in 2021 according to a survey of the top 50 postcodes in NSW. The suburb came in 36th in the top 50 ranked areas with investment unit values in the 2151 postcode growing by 72.2% during the past decade. A total of 135 investment units have sold in 2021. The 2151 postcode stretches from the Parramatta River through Northmead all the way to North Rocks Shopping Centre. Nearby Blacktown local government area was rated the best region for investors buying houses and units in the Greater Sydney Region. The survey by a leading real estate internet sales site placed the houses in the Blacktown LGA top of the tree in a study of the 50 most popular investment property regions. In 2021, a total of 482 investment houses have sold in the 2148 postcode representing a 10-year growth rate in median house prices of 109%. The rental yield was 2.9% this year and the rental demand annual growth averaged 3.3% over the 10 year period. The Kellyville region covering the 2158 postcode was fourth on the list with 413 investment houses purchased, representing an annual growth rate over the 10-year period of 111.4%. Penrith and Liverpool were close behind placing sixth and seventh in the number of sales. In Penrith, units were the most popular type of investor property with 333 sold this year, representing a growth rate of 94.3%. Liverpool units were the most popular investment properties in the 2170 postcode area with a 65% increase over the period and 302 sales this year. Blacktown units also featured in the top 10 list of suburbs attracting investors with 250 sales in 2021, a 10 year increase of 79.5%.
N
” We’ve ve never had a year quite his one.” like this - John McGrath.
Continued on page 13
John McGrath.
HOW TO WIN THE WEST WESTERN SYDNEY MEDIA ALLIANCE OCTOBER 2021 | EDITION 126
BUSINESS | LIFESTYLE
WWW.ACCESSNEWS.COM.AU
ISSUE 15 | OCTOBER 2021
TRUSTED LOCAL NEWS
WWW.PARRAMATTATIMES.COM.AU
ParramattA
ISSUE 7 | OCTOBER 2021
T I M E S
CELEBRATE Sydney Hills Local business awards feature: 16
POLITICS Why new State leadership is good for the West: 2
What it might look like to have flying cars over Parramatta CBD.
MANUFACTURING Local firm’s game changing deal with ASIA: 46
TRUSTED LOCAL NEWS
WWW.GREATERBLACKTOWNNEWS.COM.AU
%ඔඉඋඓගඟN COVID Guide to vaccination centre across Blacktown: 19
COMMUNITY NITY rren Vale Warren Hardy, ity community warrior: 14 Special free event for you and your business: 13
PROJECT$ INSIDE
COVID LESSONS K
EEP saying that the risk of getting a side effect to AstraZeneca “ is one person sitting in a full SCG, and the risk of dying from it is one in a million - the equivalent to a lightning strike.” Vivid stats voiced by infectious disease expert Professor Tony Cunningham as he took part in a Regional Roundtable webinar of internationally
renowned experts held recently by a collaboration of Access News Australia and The Westmead Institute for Medical Research. The panel, who hail from a range of disciplines, spoke about their take on the lessons learned from COVID, and their prognosis of future trends in a post-pandemic world. See pages 4,5.
CARS OVER CBD
Cash boost for local precincts
G MIN COSOON
H
IGH growth greenfield precincts in Blacktown will benefit from a share of $139M being handed out by the State Govt this year. The cash is up for grabs for eight Western Sydney councils as applications have opened for round two of the Accelerated Infrastructure Funding (AIF). More page 4.
Key to business relationships: 7
C
AN you imagine cars flying above the Parramatta CBD? Parramatta Chamber of Commerce president Luke Magee can certainly see it as a possibility after the Parramatta Times discussed a report from University of NSW suggesting the concept was not far away. “I hope it can be something we can look forward to in the future. It would be good for Parramatta, with its lack of parking,” Mr Magee said. “These flying cars could work like the proposed driverless cars where you park them outside the city and they come to pick you up." More page ͢2.
From top left clockwise: Grange Avenue, Loftus St and Glengarrie Rd all projects for possible development under the AIF program.
Bankwest becomes CommBank Stadium: 13
Blacktown City blacktown.nsw.gov.au
Blacktown
Snapshot
403,000 population
$
18.81 billion regional economy
4.6%
average economic growth
24,990 registered businesses
143,259 local jobs
High impact media that reaches Australia’s fastest growth region - Greater Western Sydney, home of Australia’s new 24-hour airport. Targeted reach. Four powerful media brands in digital and print formats. Contact us today for a conversation about your success plans: graham@accessnews.com.au
www.accessnews.com.au | www.greaterblacktownnews.com.au | www.parramattatimes.com.au | www.jobswesternsydney.com.au 12
WESTERN SYDNEY BUSINESS ACCESS OCTOBER 2021
