This article is from the Australian Property Journal archive
WALKER Corporation’s latest major Appin development in the Greater Macarthur has sold out in just three months securing construction approval.
The first stage saw 259 lots snapped up by young families with works expected to start in the coming months.
Executive Chairman Lang Walker AO said the sell-out reinforces the strong demand from families to live in a masterplanned community anchored by parklands, health, education, shopping and transport.
“The pace at which Appin Grove sold out is exciting for all young families because it demonstrates the great Australian dream is well and truly alive, and they should be able to believe it’s still achievable to have that great suburban life with a backyard for the kids and the dog to run around in,”
Appin Grove’s sellout follows the recent rezoning approval of the next phase of Appin development which has potential to deliver over 13,000 new homes and apartments.
Walker added that large-scale masterplanned developments like Appin are essential for tackling NSW’s critical housing supply shortage and alleviating pressure on the rising cost of renting and buying property.
“We are confident all the arms of government are on the right page now and moving to free up more supply. We are excited about bringing more homes to Greater Macarthur to help with the program the Minns and Albanese Governments are doing a good job to expedite,” he continued.
Appin Grove buyers Stephanie and Joshua Raish said they are excited to build their dream home and start a family in an area with so many lifestyle opportunities on the doorstep.
“We are 35 weeks pregnant so having space to grow and a backyard for our family is really important for us. The new schools and shops planned are a big drawcard too.
“We love that it’s so close to Wollongong and the beautiful Illawarra beaches, all that Campbelltown has to offer with Macarthur Square, Campbelltown Hospital and Western Sydney University along with the proximity to the Southern Highlands,” said Raish.
A key part of the Appin region is the $2 billion infrastructure plan that Walker will be delivering. This includes schools, retail centres, parks and ovals along with roads and services.
Managing director at Urban Land and Housing Group Christopher Lowry said it’s clear why homebuyers are looking to move to the Macarthur region.
“We are seeing a very strong demand for housing in across Sydney from young families wanting more space and a backyard in a relaxed suburban setting, without sacrificing amenities,” Lowry.