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3 reasons to invest in Westmead before the coming boom

Market Insights
2 years ago
3 minutes

Westmead is at the centre of Greater Western Sydney’s urban renewal, making it ideal for owner-occupiers and investors. The suburb is projected to experience significant growth in the coming years; with healthy capital gains forecasted for properties. 

Nestled at its heart, Deicorp’s Highline Westmead is a master-planned residential community offering buyers a chance to invest in this vibrant and rapidly evolving suburb before the coming boom. 

 

Connectivity 

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Westmead is a suburb with strong connectivity to broader Sydney and the CBD. Travel to the city is an easy 35 minutes by train, with the Parramatta CBD just 3 minutes away. Highline is also at the beginning of the new Parramatta Light Rail, which adds to the great connectivity of Westmead. 

The Light Rail is opening next year and will link the health precinct at Westmead with Western Sydney University and Parramatta CBD. 

But the biggest transport project benefiting Westmead is the new $25 billion Sydney Metro West which started construction in 2020. The largest transport infrastructure project in Australia will link Westmead with the City via Parramatta, Sydney Olympic Park, Burwood Pyrmont and the Bays Precinct.

 

A fast-growing economy

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Because of the investment in Western Sydney’s infrastructure and economy, buying property in Westmead is likely to be a wise investment. Additionally, Sydney’s Greater West will benefit from an incredible $5.8 billion in investments over the next ten years, meaning that Westmead is primed to grow into Australia’s fastest-growing economy. 

Westmead is also home to the largest health precinct in the southern hemisphere, with refurbishments at Westmead Hospital expected to be completed soon. This, along with the soon to be completed Westmead Innovation Quarter, is expected to introduce over 15,000 extra jobs to the community. The number of jobs available in Westmead will boost the local economy and in turn, increase the value of property in the area. 

 

A vibrant community 

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Westmead is a vibrant community that is only expected to grow further in the coming years. Not only will Highline Westmead residents enjoy living in the best-connected suburb in Sydney, but they will also enjoy the dedicated cycleway connecting them to Parramatta Park and Westmead’s new tree-lined town centre. 

Within just 1km of Highline, there are five highly ranked secondary schools. The number of university students in the area is also expected to rise from 2,000 to 30,000 by 2036 - a clear indication that housing demand will increase significantly over the next several years. 

Westmead has a bright future ahead, and with such significant infrastructure investments, the suburb - and in turn, its property prices - are expected to thrive. 

Whether you’re looking to make a smart investment or buy a new home to enjoy everything that Westmead has to offer, Highline Westmead offers an incredible opportunity. To enquire or to learn more about Highline Westmead, click here