A new community being built in Sydney's southwest gives a glimpse of the region's future.
Construction of a masterplanned community with apartment towers, modern terraces and townhomes, a cinema, dining precinct, gym, shops and water play areas is well-underway in Sydney’s booming southwest.
In March the long and varied list of buyers eager to snap up a slice of hot property at Edmondson Park will get a taste of what is on offer in the suburb’s inner-city style development, Edmondson Square, when a display village opens to the public.
Frasers Property Australia will then showcase the majority of its designs in the form of a two-bedroom apartment, and one- to four-bedroom townhomes
The company, also behind the notable Central Park community at Chippendale, was awarded the tender for Ed. Square by UrbanGrowth NSW in late 2015.
The leading proposal came down to “amenity, affordability and connectivity”, according to development director Warwick Dowler.
The latest forward-thinking project for the Liverpool region will take up a 24-hectare site right next to the existing Edmondson Park train station.
It will have up to 45,000sq m of retail and commercial space, of which 24,000sq m is slated for the first release stage and is set to roll out when the first group of homeowners move in during the second half of 2020.
As early as next year residents will be able to enjoy a supermarket, fresh food store, cinema and several eateries.
In terms of home options, the first stage will see apartment buildings vary between 10 and 12-storeys high, and these will have podium pools and landscaped areas — and prices are set to start at a reasonable $450,000.
The mix of terraces and townhomes are to be built near a number of splash pad parks for the suburb’s smallest residents to cool off at.
A highlight piece of the community, to be built at a later stage, will be a 68m tall apartment tower in the town centre.
All up, it will offer more than 1800 dwellings to people in the Liverpool LGA, which is predicted to see a population growth of 54 per cent in 20 years — from 214,100 in 2016 to 331,000 in 2036.
Mr Warwick said there were more than 3000 registered buyers — young families, first-home buyers and some downsizers — on a database.
“There are always people saying they want that mix of amenity there, because they haven’t got it, and they have to drive into Liverpool or Sydney CBD to get it,” he said.
General manager of NSW residential Nigel Edgar
said Ed. Square was “responding to the evolutionary shift in the way Australians want to live”, with a focus on an inner-city appeal and an urban village feel.
The development is indicative of the new Australian dream, he said.
Ed. Square will also have a childcare centre, playgrounds, cafes and will encourage physical activity with all features within walking distance.
Top architect companies HASSELL, GroupGSA and HDR have signed on to help bring the creative vision to life.
The Liverpool region’s median house price is $793,000 while the median for units is $523,000 — more than the cheapest home available in Ed. Square.