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Buying a home is a significant investment for the future so it’s only natural to explore the long-lasting value of a property — and Ed.Square, in Sydney’s booming south west, promises to deliver.
Ed.Square is a new diverse urban neighbourhood comprising restaurants and cafés, shopping and entertainment, playgrounds and parks, a market place and Eat Street adjacent to the Edmondson Park train station — all within walking distance of each resident’s front door.
Where most developers usually build the retail and amenity at the end of a project, Frasers Property Australia has ensured the construction of the first stage of Ed.Square Town Centre is set to be completed by the time the first residents move into their new homes in the second half of next year. This means they can enjoy all of the lifestyle benefits and conveniences on offer from day one.
Ed.Square’s newest apartment release, The Emerson, will rise directly above the town centre’s entertainment precinct and overlook the Central Park, in what is arguably the best position in the entire precinct. Those who live here will not only have access to a range of resort-style facilities (including a swimming pool and landscaped gardens with barbecue areas), but the spectacular array of dining amenities, green spaces and fresh food market place are located just moments from the doorstep.
All savvy investors know that infrastructure spending is a key indicator of an area which is about to experience a boom. As part of the Western Sydney City Deal, Edmondson Park and its surrounding suburbs will see $186 million spent on Liverpool Civic Place, $547 million on local area road upgrades, and $2 billion investment in the South West Rail Link. Money will also be invested in new schools, hospital upgrades, and new retail outlets.
The construction of the Western Sydney Airport at Badgerys Creek will provide global connections and generate significant employment. It’s anticipated to be a major catalyst for business investment within the region and will provide around 20,000 new jobs by 2031.
According to the NSW Department of Housing, the median rent for a three-bedroom house in Edmondson Park is growing at a rate of 5.5% per annum. The wider Liverpool area is growing at a yearly rate of 7.4% which is well above the Metropolitan Sydney average of 5.2%. This just goes to show that the area has great signs for long-term residential growth — meaning more and more people are likely to move there.
The NSW Government incentive for first home buyers offers1 yet another reason to think about investing in off the plan homes at Ed.Square. When purchasing a new apartment or townhouse, you can receive a grant of up to $10,000. If the home is valued at less than $650,000, then the First Home Buyer Assistance Scheme grants a full exemption of transfer duty which can save up to $34,000.
If you need any more reasons to look at investing in Ed.Square, then all you need to know is this: Ed.Square is a 100% walkable community with the Edmondson Park train station just across the road. It will be a safe, convenient and vibrant community where neighbours will be able to connect in up to 40,000 square metres of lifestyle retail. Each district within the project is connected via a series of bike and walking trails, so getting around is easy.
From luxury one, two and three bedroom townhouses to a variety of one, two and three bedroom apartments, there is an outstanding range of homes to suit all types of home buyers at any life stage.
This article originally appeared in: https://bit.ly/2UxCpXN