The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
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[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Western Sydney

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EXPERT OBSERVER
The release of the draft Plans, along with the draft State Environmental Planning Policy (SEPP), is a positive step forwards for the development of the 11,200-hectare Aerotropolis site which will eventually provide up to 200,000 jobs to Western Sydney.
This is good news for landowners and developers in the area who are keen to progress plans to contribute to the future development of the Aerotropolis.
The Aerotropolis is a key city-shaper that will completely transform the way Sydney functions in terms of jobs, growth and housing.
The plans announced today provide detail on key aspects of the Aerotropolis, such as flexible land use zones which incorporate a variety of uses, including agribusiness, commercial, residential, advanced industries, and research and development. 
Six aerotropolis precincts will be rezoned in the first round, which is hoped to be completed in mid-2020. The Urban Taskforce support this timeframe and are pleased to see a clear deadline established and progress being made by the government on the delivery of this piece of critical infrastructure. 
The sooner we progress these plans, the sooner the development industry can commence the formation and growth of the Aerotropolis on the ground.
This will lay the platform for the residents of Western Sydney to reap the benefits of additional jobs, homes and growth.
However, it was not all bouquets for the NSW Government.
Mr Forrest said that he was concerned that property values had already been driven up, even before the rezoning process has commenced, based on a series of government announcements.
If the NSW government adds additional State Infrastructure charges or “value capture contributions” (taxes) on top of already inflated land prices, they risk sterilising the land by rendering development unfeasible. The details of these charges have not yet been determined and every effort should be made to keep them to a minimum to ensure that the development and jobs (as well as GST revenue and stamp duties) can flow asap.
Further detail on the SIC and Value Capture charging regime, along with details of supporting infrastructure, are anticipated to be released next year.
It is critical that all supporting infrastructure is planned for and provided alongside the development of the aerotropolis.
Urban Taskforce believes that the State Government should fund infrastructure around the aerotropolis to stimulate an economic boom. They will reap the benefits from the subsequent taxation revenue. To put this burden on developers risks stopping the development happening at all.
The Western Sydney Planning Partnership should be commended for coordinating different levels of government as well as infrastructure agencies to collaborate on this very complex project.
TOM FORREST is the CEO of Urban Taskforce
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j.ballantyne1990-6AQqhLzZaK

Urban Taskforce welcomes release of Western Sydney Aerotropolis Plan: Tom Forrest

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After three years of planning, construction has started on the $88 million Western Sydney Community and Conference Centre.
Penrith Panthers, CEO, Brian Fletcher said the thriving business community of Western Sydney has "long been in need of a modern, multi-purpose conference centre".
The conference centre will feature 1,250 square metres of flexible floor space that will be able to host major events, trade shows, exhibitions and seated functions for up to 1000 people.
This will be serviced by a 153-room 4.5 Star Hotel, and sit below a 1200 square metre community centre.
The WSCCC has been made possible thanks to combined federal and state government grants of $24 million.
"The many outstanding community programs and initiatives in the Penrith region will benefit from the community centre. While the conference centre will enhance Penrith’s reputation as a world-class event and tourism destination," said Member for Penrith the Hon. Stuart Ayres, Minister for Jobs, Investment, Tourism and Western Sydney. 
300 jobs will be created during construction with a further 100 ongoing roles upon completion of the project.
Richard Crookes Construction won a competitive tender process in November to build the iconic development.
An estimated completion date of late 2021 has been set, with Panthers accepting bookings in early 2022.
"The development is part of the record $1 billion investment the Panthers Group is making on behalf of the local Penrith community, which also includes residential retirement facilities, The Royce and mixed- use development, East Side Quarter," Fletcher said. 
"Over the last five years, Panthers has supported the community to the tune of $13 million in donations. This development continues that charter by supporting employment and developing opportunities for young people in Western Sydney."
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Panthers Group starts $1 billion Western Sydney Community and Conference Centre development 

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Construction is set to begin on the Western Sydney Metro, with seven station locations now confirmed.
The project will cut travel times between Parramatta and the Sydney CBD down to around 20 minutes when completed.
Premier Gladys Berejiklian said construction work will begin next year, commencing at the Bays Precinct.
She said, “we’ve successfully delivered the North West Metro Line early and $1 billion under budget, the next line from Chatswood to Sydnenham and Bankstown is on track to open in 2024, and now the next Metro project is underway.”
The locations of seven proposed Metro stations have been confirmed at Westmead, Parramatta, Sydney Olympic Park, North Strathfield, Burwood North, Five Dock and the Bays Precinct.
The NSW Government will also fast-track work to investigate the feasibility of building a Metro station in Pyrmont, while also assessing a potential station at Rydalmere. Further work is also underway to determine the location of the new Metro station in the Sydney CBD.
Minister for Transport Andrew Constance said “Western Sydney Metro will more than double the existing rail capacity between Greater Parramatta and the Sydney CBD and slash travel times between Parramatta and the Sydney CBD to around 20 minutes,” Mr Constance said.
The NSW Government has also announced that it is kicking off a global search for suppliers in what is expected to be the biggest tunnelling contract awarded in Australian history.
Suppliers wishing to vie for the tunnelling contract for Western Sydney Metro will be able to register their interest on the eTendering website.
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Construction to begin on Western Sydney Metro in 2020

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The sub $500,000 price point in the wider Sydney metropolitan has been an ever-diminishing market, according to the latest Herron Todd White (HTW) residential report.
But there is now more opportunity, the valuation firm said. 
It took a look at the various options across the land for investing $500,000.
The report suggests that as values decreased, the number of properties meeting this criteria reduced each year.
In the past two years however, the wider market has contracted and we now have more options in play in this market.
When buying property at this price point, purchasers will still have to sacrifice in some aspect, be it location, commute time, accommodation or the overall condition and features they desire.
"It should come as no surprise that western Sydney provides buyers with the most options in the sub-$500,000 price range, however there are still some options available in most parts of Sydney," the report said.
"Whilst these may be restricted to units, a number of these areas are now seeing the entry point for houses at well below $1 million, something that may not have been conceivable a year or two ago.
"Parramatta provides two major options for buyers with $500,000 or less to spend. You can pick up a semi-modern, one-bedroom, one-bathroom unit or an older two-bedroom, one-bathroom unit." 
A recent example is a one-bedroom unit at <a href="https://www.realestate.com.au/sold/property-apartment-nsw-parramatta-130364454" target="_blank">802/138-140 Church Street, Parramatta</a> (pictured below) selling for $488,888 on level eight in the Escen development.
This is a late 2000s built development with common pool, sauna and gym and within close proximity of the CBD and rail.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/7/25/parramatta%201.jpg" alt="">
"Further west in Penrith, you have the option of a modern two-bedroom, two-bathroom unit or an early 2000s three-bedroom townhouse for sub-$500,000," the report noted.
Given the wider market cooling over the past 12 to 18 months, detached houses in Penrith are now becoming available for sub-$500,000.
These properties are generally in fair condition with irregular blocks or located on busy roads but provide an entry point for buyers wanting a detached dwelling on circa 600 square metres blocks.
With some smart renovations, these houses could prove to be a savvy buy in the long term.
A recent example of this is a neat brick dwelling selling for $480,000 in March.
Set on 556 square metre allotment, the family house at<a href="https://www.realestate.com.au/sold/property-house-nsw-penrith-130288870" target="_blank"> 53 Glebe Place, Penrith</a> (pictured below) comprises three bedrooms, separate kitchen and living areas, and large bathroom.
Externally, the property is neat but is prime for updating internally.
It's only minutes to local schools, trains and public transport. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/7/24/penrith.jpg" alt="">
West Ryde is close to the geographical centre of Sydney and doesn’t usually feature in this topic, but with the downturn over the past 12 to 18 months, there are now more opportunities for investors and first home buyers with older one-bedroom units selling for early $400,000s within close proximity of the rail and shops.
Campbelltown provides the most options for the sub-$500,000 market.
"You have the option of three-bedroom detached houses on circa 700 square metre blocks, modern two and one-bedroom units, or a variety of villas and townhouses," the valuation firm suggested. 
A recent example is an older 1960s three-bedroom, one-bathroom dwelling on 691 square metres of land selling for $450,000.
The house had some minor updates throughout and would be perfect for a first home or investment.
"If you are after a modern unit, there have been some recent sales between $420,000 and $500,000 of modern built, two-bedroom, two-bathroom units," the valuation firm stated.
The sub-$500,000 price point is mostly made up of first home buyers and investors.
These participants are generally sensitive to price and interest rate movements.
A number of the major lenders recently reducing their interest rates is likely to have a positive impact on this sector of the market.
Within the new estates in western Sydney, buyers with a budget of up to $500,000 can mostly only find land.
Examples would include a rectangular shaped 350 to 500 square metre parcel in Box Hill in the north-west or Austral in the south-west.
The variance in price will depend on frontage and position within the developing suburbs.
"Given this, we have recently seen some three-bedroom, two- bathroom villas for sale at this price point in Austral and there are units proposed for Box Hill which will fall under $500,000.
"For even better value, buyers can head to North Richmond, where for $475,000 to $500,000 you can acquire a 650 to 700 square metre, rectangular shaped block."
The commute is circa 70 kilometres from the Sydney CBD, but more importantly circa 50 kilometres from both Parramatta CBD and the proposed second airport at Badgerys Creek.
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Western Sydney provides most options in the sub $500,000 price range: HTW residential

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In Western Sydney the overall trend for dwellings is still weakening after a number of years of positive growth, according to the latest Herron Todd White (HTW) residential report. 
"Negative sentiment in the marketplace and tighter lending requirements have played a part in these falling median prices," the valuation firm said.
"We predict this trend will continue for the rest of the year."
The median house price in Erskine Park are 4% lower than December 2018, according to realestate.com.au data.
Marsden Park had similar figures with a 3.6% drop, whilst Oran Park has seen only a 1% drop in dwelling median values since December 2018.
"Our experience with residential units and off the plan sales has found premiums were paid in stronger markets for the then new product," the report said. 
"As the wider market weakens, we are continuing to see settlement valuations not meeting the off the plan purchase price.
"These valuations require recent resales of similar units to support the value and in many areas the evidence is unable to support the strong off the plan prices."
An example includes a recent resale in Parramatta.
The three-bedroom unit at<a href="https://www.realestate.com.au/sold/property-unit-nsw-parramatta-130373430" target="_blank"> 4803/330 Church Street </a>(pictured below) recently resold for $990,000 representing a 30% drop in value since purchase.
It was for $1,285,000 off the plan in May 2015.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/13/parramatta%202.jpg" alt="">
"This is not an uncommon occurrence with many units sold for a premium off the plan in a stronger market now unable to meet their initial purchase price up to four years later."
The report noted that there are signs in the marketplace that buyers for new units are harder to attract and a number of incentives are now being offered.
A recent example is the Pelican Estate (pictured below) in Schofields, a 270 unit development selling off the plan in western Sydney.
The developers Bathla are giving away $1.2 million in prizes to lucky purchasers with a $500,000 first prize, $200,000 second prize and a further $500,000 in prizes.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/6/13/schofields%20.jpg" alt="">
"Incentives and giveaways such as this are not typically seen during a booming market and are considered a sign of the times."
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Western Sydney median dwelling values in decline: HTW residential 

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It was quite something to recently see the extent of transport infrastructure completed and under construction along the Northern Road on Sydney's outskirt. 
The works are taking the route into the 21st century for the ever expanding Western Sydney.
The road still has remnants of our pioneer years especially obvious passing the grave stones at Luddenham.
The existing two-lane undivided road, which carries about 16,000 vehicles per day, comes with numerous heritage items including the Luddenham progress hall that began in 1886 as the Protestant Hall.
There's the now closed Vicary's Winery originally part of the explorer Blaxland explorer family estate. 
Next time I will stop to buy some fresh honey from one of the remaining farms.
The upgrading of a 35 kilometre section of The Northern Road between Narellan and South Penrith is a city shaping upgrade which will encourage more housing estates and ought be effective in placing downward pressure on housing prices.
Last weekend saw the rapid demolition of the 40 year old bridge at Orchard Hills.
Some 6,000 tonnes of concrete and steel was removed by the 60 workers who did the job across the long weekend, in three days, rather than the alternative of up to 20 weeks of night closures.
The Northern Road upgrade will provide increased road capacity for expected future growth when complete in 2022.
Investing in safer and more reliable journeys, the Federal Government has committed $1.2 billion The Northern Road Upgrade, with the NSW Government committing $400 million.
This upgrade is part of the Western Sydney Infrastructure Plan, a $3.6 billion program which will deliver 60 kilometres of major road infrastructure upgrades before the opening of the western Sydney airport at Badgerys Creek.
There is a very strong link between infrastructure delivery and the increase in supply of dwellings, and then an improved economy from the ensuing population growth that make their home in the Macarthur region at housing estates such as Oran Park, and the more established Harrington Park which was the Fairfax family farm until its late 1980s approvals. The population of Oran Park Town has progressed from zero to around 7500 in nine years.
There was a 2013 study by the National Housing Supply Council that found investment in transport infrastructure can galvanise dwelling activity, but the infrastructure needs to be of sufficient scale and scope to substantially boost an area’s linkages to major employment nodes.
Albeit not always in perfect unison in terms of delivery.
The study found the nexus between transport projects, housing intensification and job boosting appeared to be much stronger in Melbourne than Sydney.
But that was before the new North West Metro, and all the apartment blocks within walking distance. 
There have already been more than one million customer journeys on the impressive system which only opened three weeks ago.
It's rightly been described as a game changing project, which connects the area by rail like never before, by Premier Gladys Berejiklian, who is now overseeing extending the line from Chatswood, under the Harbour, through the CBD and onto Bankstown.
A recent CBRE report forecast $1.4 billion of suburban development would flow every year for the next decade because of the Sydney metro rail project, with just 15 per cent of these developments officially confirmed.
Sydney needs around 36,000 new dwellings every year up until 2036 based on population growth projections.
We certainly need more projects to avert rising unemployment.
This article was first published in the Saturday Daily Telegraph.
 
 
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jchancellor-FAypfDUnLy

Transportation infrastructure the key to cheaper houses on the fringe and employment growth

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Stockland is progressing with its development pipeline of $83 million of logistics assets across Western Sydney, having signed up new tenants Silk Contract Logistics, Daikin, Orora and Colette.
Stockland's Yennora Distribution Centre spans 70 hectares and operates as an intermodal rail terminal, connected to the Main Southern Rail Line. 
It recently completed a a $26 million development at Yennora which expanded the centre to more than 300,000 square metres.
Silk Contract Logistics signed a lease which comprises a 13,597 square metre high clearance office/warehouse building, as well as 19,582 square metres of dedicated container rated hardstand, providing direct rail access to Port Botany.
Daikin has signed as a core tenant to Stockland's $96 million Coopers Paddock Logistics Park in Warwick Farm (pictured below). Colette fashion accessories and Orora Packaging have also leased tenancies at the site.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/2/Warwick%20Farm%202.jpg" alt=""> 
The$50 million second stage of the Ingleburn Logistics Park has also been finalised with two new warehouse facilities of 15,494 square metres and 21,350 square metres.
This follows the completion of stage one last year, a 29,050 square metre facility that is now fully leased to Next Logistics and TIFS.
 <img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/10/2/Ingleburn%202.jpg" alt="">
Tony D’Addona, General Manager – Workplace and Logistics, at Stockland, said the group’s styrategy is to grow its national workplace and logistics portfolio to greater than 25 per cent of total assets.
“Our vision is to create modern, functional and connected logistics centres, supporting local employment to meet Western Sydney’s growing demand for new warehousing and manufacturing space,” he said.
“We made a decision to develop over 110,000 square metres across our Warwick Farm, Yennora and Ingleburn assets which has proven to be a great opportunity with strong leasing activity across 2018. 
“Together these developments are contributing approximately 650 new jobs for Western Sydney today, with significant potential for future employment growth. 
“The demand for high quality logistics assets has been driven by a robust NSW economy and consistent, record infrastructure investment, including the new Western Sydney Airport, offering a great opportunity to develop high quality assets in connected locations.” 
D’Addona said Stockland’s national Workplace and Logistics business includes a $600 million national development pipeline and comprises 34 properties, currently valued at approximately $3.7 billion.
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New tenants sign up at Stockland Western Sydney logistics centres

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Western Sydney has recently experienced a wave of major announcements within the tertiary education sector, including a new education campus as part of the Western Sydney Aerotropolis.

The Greater Sydney Commission announced a Statement of Intent with the Vice-Chancellors of four leading NSW universities to co-anchor the STEM-focused tertiary education campus.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/613634df-32cb-41df-b8b7-6ab4cd968732.jpg" rel="gallery-all" title=" Celestino"><img alt="" class="image-article-full-width-580px" height="333" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/613634df-32cb-41df-b8b7-6ab4cd968732.jpg?itok=91ZSxZYV" title=" Celestino" width="580"></a>

<figcaption>Sydney Science Park, currently under construction, shows what the new combined university campus may look like. Source: Celestino</figcaption></figure>STEM or ‘Science, Technology, Engineering &amp; Maths’ intends to provide the region with more specialist skills and industries, including aerospace, advanced manufacturing, and agribusiness. This complements the emphasis on jobs, education, and technology around the new Western Sydney Airport at Badgerys Creek.

This will go some way to balancing education and employment opportunities away from Eastern Sydney and deliver them to the region’s rapidly growing population - which currently hosts only 16% of university places in Greater Sydney.

The four universities involved in the deal are the Universities of Wollongong, Newcastle, Western Sydney, and UNSW, which together will offer access to cutting-edge industry research, development and employment opportunities.

The first phase of the new campus is expected to be completed in 2026 coinciding with the opening of the nearby 24 hr airport, as well as the initial Aerotropolis social, employment, and housing hubs.

The Aerotropolis is turning out to be a transformative catalyst for the Western Sydney region. According to NSW Premier Gladys Berejiklian, more than 250 local and international businesses are seeking to secure a place within the 10,000-hectare greenfield Aerotropolis site around the new airport.

<blockquote>
To frame these developments, it’s as if the Aerotropolis is a massive ‘maker space’ for the Sydney region, with skills, research, knowledge and facilities on hand to test and develop advanced research ideas and manufacturing processes. 
</blockquote>

To underscore the extent of development activated by these developments, around the Aerotropolis, two projects - each multi-billion-dollar investments - are under construction including the Sydney World Trade Centre and Sydney Science Park - read more <a href="/news/further-details-emerge-for-western-sydneys-proposed-world-trade-centre">here</a> and <a href="/news/western-sydney-aerotropolis-ready-for-take-off">here</a>.  

<h2>Tertiary Education Growing Across Western Sydney</h2>

The wider Western Sydney region is responding eagerly to the re-conceptualisation of Sydney as a city of <a href="https://www.greater.sydney/metropolis-of-three-cities">three, thirty-minute cities</a>. 

Here’s a summary of recent announcements covering the tertiary education sector in Western Sydney city centres. Note - Parramatta is not on this list as it is located within the 'Central River City' and is a step above these other regional centres - it is becoming a true metropolitan centre. 

BANKSTOWN

There is a 16-storey, 15,000sqm vertical campus under construction in Bankstown adjacent to the regional library for Western Sydney University, providing space for approximately 5,000 students.

WSU Vice-Chancellor Professor Barney Glover has stated that providing education facilities in CBDs close to transport is crucial to meeting expectations. In fact, WSU is considering closing their isolated suburban campus at Milperra and shifting its functions to Bankstown, Liverpool and Parramatta. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/liverpool_wsu_-_2500_students_-_daily_tele.jpg" rel="gallery-all" title=" WSU"><img alt="" class="image-article-full-width-580px" height="361" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/liverpool_wsu_-_2500_students_-_daily_tele.jpg?itok=4vyHlWWu" title=" WSU" width="580"></a>

<figcaption>WSU Liverpool vertical campus. Source: WSU</figcaption></figure>To enhance this new facility, Bankstown-Lidcombe hospital may be moved into Bankstown City Centre to take advantage of the clustering synergies of knowledge-intensive industries.

Bankstown is also of course in line to anchor the south-western terminus of Sydney Metro Line 1, with an extension to Liverpool being considered in the medium-term.

LIVERPOOL

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/liverpool_health_and_academic_precinct.png" rel="gallery-all" title=" SMH"><img alt="" class="image-article-full-width-580px" height="327" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/liverpool_health_and_academic_precinct.png?itok=qfMp0zyQ" title=" SMH" width="580"></a>

<figcaption>Liverpool’s mooted $740 million Health and Academic Precinct. Source: SMH</figcaption></figure>The Liverpool Innovation Precinct Committee - which includes representatives from UNSW, Uni of Wollongong, and WSU - are part of the consortium that has proposed the $740 million Health and Academic Precinct around Liverpool Hospital.

These three universities already have embedded campuses in the precinct - by 2026, the health, research and education precinct will have a combined 30,000 jobs.

Nearby, WSU recently opened their Liverpool vertical campus, also the location of WSU’s business start-up incubator “Launch Pad”.

This complements the recent rezoning of large parts of Liverpool CBD for higher density development, which you can read more about <a href="/news/liverpool-rezoned-and-earmarked-as-becoming-sydneys-third-largest-cbd">here</a>. 

BLACKTOWN

Blacktown City Council recently announced they were seeking expressions of interest for a tertiary education institution to anchor a vertical campus within the council’s Warrick Lane development, currently in early planning. This is part of the council’s long-term Blacktown City Centre vision to reinvigorate the city centre of this 360,000 people-strong council area.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/blacktown_warwick_lane_including_vertical_uni_campus.png" rel="gallery-all" title=" Blacktown City Council"><img alt="" class="image-article-full-width-580px" height="402" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/blacktown_warwick_lane_including_vertical_uni_campus.png?itok=VO-7CNOa" title=" Blacktown City Council" width="580"></a>

<figcaption>Conceptual rendering of the Warrick Lane development in Blacktown City Centre - the council is seeking a tertiary institution to anchor a vertical campus on the site. Source: Blacktown City Council</figcaption></figure>Western Sydney is embracing its reinvigorated place in Greater Sydney’s strategic planning picture, bringing new opportunities closer to the region’s growing communities, and re-balancing Sydney away from its eastern bias.
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ModernBradfield

Tertiary Education STEMs take root in Western Sydney - the ‘Maker Space’ of Greater Sydney?

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More details have emerged of the Western Sydney Aerotropolis, providing an early glimpse at the ongoing planning that will shape what is essentially a new city on the western edge of Sydney.

The Aerotropolis forms the centrepiece of the Greater Sydney Commission’s ‘<a href="https://www.greater.sydney/western-city-district-plan">Western Parkland City</a>’ and much-touted vision of the <a href="https://www.greater.sydney/metropolis-of-three-cities">Thirty Minute City</a>.

The region will support 200,000 new jobs in Western Sydney over the next 20 years, with high-level plans now well-advanced to deliver on this.

The Department of Planning has released for comment a <a href="http://www.planning.nsw.gov.au/Plans-for-your-area/Priority-Growth-Areas-and-Precincts/Western-Sydney-Aerotropolis/Key-actions-and-documents">Land Use and Implementation Plan</a> to guide the development of the 11,200 hectare site, with submissions closing on 12 October. This is the next step as laid out in the <a href="https://cities.infrastructure.gov.au/western-sydney-city-deal">Western Sydney City Deal</a>, a tri-level government arrangement to guide development on the site.

The Federal Government has provided funding and the state government has taken the lead in planning and implementation. 8 local councils have agreed to a "relationship framework" providing input to regional goals. Later this year, the NSW Government will firm up details on a new Western Sydney Aerotropolis Authority to take responsibility for master planning and development. The Greater Sydney Commission will partner with this authority, and the Sydney Metro Authority and NSW Department of Planning, to ensure the goals of the Western City District Plan are met. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/r0_0_4000_2249_w1200_h678_fmax.jpg" rel="gallery-all" title=" NSW Department of Planning"><img alt="" class="image-article-full-width-580px" height="326" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/r0_0_4000_2249_w1200_h678_fmax.jpg?itok=GpIkhBP-" title=" NSW Department of Planning" width="580"></a>

<figcaption>An artist’s impression of the Aerotropolis ‘core’. Source: NSW Department of Planning</figcaption></figure>The site envisages a super-cluster of innovation, STEM (Science, Technology, Engineering and Mathematics) industries, education and housing around the future Western Sydney Airport site.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/western_global_gateway.png" rel="gallery-all" title=" NSW Department of Planning"><img alt="" class="image-article-full-width-580px" height="573" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/western_global_gateway.png?itok=ZIspEMlO" title=" NSW Department of Planning" width="580"></a>

<figcaption>The industries and opportunities of the Western Sydney Aerotropolis. Source: NSW Department of Planning</figcaption></figure>The scale of the plans is impressive; in addition to 200,000 jobs, the site will accommodate around 60,000 homes clustered around key social points within the site, supporting a population of more than 100,000 people.

A strict 125m height limit has been applied due to the nearby airport, however an urban environment of mixed-scale buildings will take shape.

The majority of housing is expected to be in the three to five-storey ‘walk-up’ range, with a mix of taller buildings close to transport, employment and social nodes.

The educational and residential districts will take advantage of protected and enhanced natural environments along the South Creek corridor, putting the 'park' in 'Parkland City'.

With an emphasis on recreation and active transport links, the environmental corridors will also manage flooding events.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/map_western_sydney_aerotropolis_stage_structure_plan_835x935_-_dept_of_planning.jpg" rel="gallery-all" title=" NSW Department of Planning"><img alt="" class="image-article-full-width-580px" height="528" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/map_western_sydney_aerotropolis_stage_structure_plan_835x935_-_dept_of_planning.jpg?itok=fozf1lnc" title=" NSW Department of Planning" width="580"></a>

<figcaption>Proposed precincts and their land uses, as well as the Western Sydney Airport forming the entire aerotropolis supercluster. Source: NSW Department of Planning</figcaption></figure>The entire site is divided into 9 smaller precincts;

<ul>
<li>North Luddenham</li>
	<li>Northern Gateway</li>
	<li>Rossmore</li>
	<li>Agriculture and Agribusiness</li>
	<li>Aerotropolis Core</li>
	<li>Badgerys Creek</li>
	<li>Kemps Creek</li>
	<li>Mamre Road</li>
	<li>South Creek</li>
</ul>
The Northern Cluster already has significant development underway, with the first stage of the $5 billion <a href="https://www.celestino.net.au/sydneysciencepark/residential">Sydney Science Park</a> under construction, and the new airport is also in advanced planning stages, with earth-moving on site and in progress.

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/ssp-linear-park-rev-e-hr.jpg" rel="gallery-all" title=" Celestino"><img alt="" class="image-article-full-width-580px" height="387" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/ssp-linear-park-rev-e-hr.jpg?itok=jT-ddj1s" title=" Celestino" width="580"></a>

<figcaption>This linear park and on-facing social space demonstrate the desired qualities of the built environment in the aerotropolis. Source: Celestino</figcaption></figure>In the south, as previously covered in more detail by Apartments.com.au <a href="/news/further-details-emerge-for-western-sydneys-proposed-world-trade-centre">here</a>, <a href="http://aerotropolis.com.au/WTC%20SYDNEY">Aerotropolis Group</a> has been granted a license by <a href="https://www.wtca.org/">World Trade Centers Association</a> to establish the <a href="https://wtcsydney.com.au/company-overview/">World Trade Center Sydney</a> in Bringelly, near the Aerotropolis Core, in partnership with <a href="https://www.woodsbagot.com/news/new-world-trade-centre-sydney-proposal-focuses-on-mobility-and-sustainability/">Woods Bagot</a>.

The district is envisaged to create 43,500 jobs and inject $13 billion into the Western Sydney economy annually.

Aerotropolis Group Managing Direct and CEO Jomon Varghese summarises the strategic vision of the aerotropolis, saying "WTC Sydney... will resolve the structural problem faced by Sydney by bringing balance to our city which is historically tilted to the east." As part of the project, an international convention and exhibition centre will be built, aiming to open by 2026 in time for the beginning of operations at nearby <a href="http://westernsydneyairport.gov.au/">Western Sydney Airport</a>. 

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/wtc_profile_03.jpg" rel="gallery-all" title=" Aerotropolis Group"><img alt="" class="image-article-full-width-580px" height="326" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/wtc_profile_03.jpg?itok=fZcblizz" title=" Aerotropolis Group" width="580"></a>

<figcaption>Visualisation of World Trade Center Sydney, including its position at Bringelly Station on the future North-South Rail Link. Source: Aerotropolis Group</figcaption></figure>The Aerotropolis leverages the co-location of STEM-focused industry, educational facilities and efficient transport links to attract world-leading firms to Western Sydney.

Motorway links, passenger and freight rail links, a large scale intermodal freight terminal, and of course, the Western Sydney Airport, plug the aerotropolis into metropolitan, regional, national and global networks.  

<figure><a class="colorbox colorbox-insert-image" href="https://res.cloudinary.com/dz9xllyip/image/fetch/q_auto:good/https://s3-ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public//pictures/article-images/infrastructure_in_and_out_of_precinct.png" rel="gallery-all" title=" NSW Department of Planning"><img alt="" class="image-article-full-width-580px" height="798" src="/sites/urban.melbourne/files//styles/article_full_width_580px/public/pictures/article-images/infrastructure_in_and_out_of_precinct.png?itok=3lKXUDoj" title=" NSW Department of Planning" width="580"></a>

<figcaption>Main transport links connecting the aerotropolis with Greater Sydney. Source: NSW Department of Planning</figcaption></figure>To better enable these co-locational synergies and give investors and business more certainty, a new Western Sydney Aerotropolis SEPP (‘State Environment Planning Policy’) - SEPPs being the primary planning instrument in NSW - defines an ‘Urban Development Zone’ with broader definitions of allowed land uses and a novel, more flexible, approach to precinct planning.   

This is a unique and transformative opportunity to shape a modern and liveable city to serve as the employment, social and connectivity centre of a region which will be home to 1.5 million people by 2036.

The Western Parkland City, along with its airport and aerotropolis, are well and truly cleared for take off. 
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Western Sydney Aerotropolis Ready for Take Off

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Western Sydney is well and truly "booming", according to the Future City Minds report commissioned by a recruitment agency.
“Smart, forward-thinking businesses can capitalise on Western Sydney’s growth by targeting the 65% of Western Sydney professionals who would prefer to work outside the CBD rather than within it,” says Adrian Oldham NSW managing director of the Michael Page agency (pictured above). 
The report states that 64% of Australian professionals believe that in the next five years the area has the potential to progress economically to the level of the CBD areas of Sydney or Melbourne.
The report provides statistics on the region’s growth and advice from local experts on how businesses can make the most of the thriving business district.
It notes things like 64% of Australian professionals would personally like to be part of the area’s progression and 91% of Australian professionals in the region would like to change their jobs to work closer to home, given the right opportunity.
The area is already Australia’s third largest economic region, home to 47% of Sydney’s population and it is projected to have a 1.9% population growth each year for the next 20 years.
Michael Page anticipates Western Sydney will provide 200,000 new jobs by 2020 and anticipates growth in sectors across property, infrastructure and construction, manufacturing, sales and service-related industries.
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