While the airport itself is a significant development, its impact extends far beyond the runway. Explore what the new Western Sydney Aerotropolis means for property investors and why it's poised to be a game-changer in the real estate market. The Blue Mountains are gearing up for long-term property price growth as the multi-billion dollar Aerotropolis takes shape.
Land 15,141m2
Street Frontage 80.65
Drains in to street
Short walk to train station, 14 min walk & 1 min drive
Potential for 11 lot subdivision at 1,200m2 per lot STCA
Avg Lot SOLD Value $770,000 - Further from Station
Avg House Value $1,150,000 - $1,250,000 Near New - Avg to small build - See CMA in link
An international gateway for the Blue Mountains, the new Aerotropolis means an increase in local tourism and jobs. New metro linking up with St Mary's rail will be the gateway to the Blue Mountains and Woodford.
Tourism will be boosted, with the airport providing better accessibility to destinations across Western Sydney and the Blue Mountains. The sheer value of the investment, from public and private sectors, and the scale of infrastructure planned is beyond anything we've seen in Australia before.
Holiday home rental prices skyrocket amid soaring demand and inflation. Property values in traditional holiday towns, particularly the Blue Mountains, have also been rising at a much higher rate than in the cities, which have struggled in the last year or so, and those higher values tend to be passed on to rental prices bring in more cashed up investors.
In this agent's opinion, this new gateway into the mountains will drive home prices and increase rent with fly in fly out owners securing larger and more pricey homes pushing the limited Blue Mountains stock beyond the average buyers reach. When they build, its $2m plus just on construction. It brings home values more in line with Blue Mountains true future values as one of the top two places to visit as an international tourist in Sydney.
Disclaimer: All information contained herein is provided by third party sources including but not limited to the owners/developers, valuers and solicitors. Consequently we cannot guarantee its accuracy. Any person using this information should rely on their own inquiries and verify all relevant details for their accuracy, effect and currency. 3D Images used in marketing are artist impressions and to be used as an inspirational guide only. All suggested building layouts and indication of land potential is STCA and do not constitute a fact but merely an indication of potential.
