Liverpool – The New Heartland for Property Investors

If you’re looking for the next property investment hotspot, the western Sydney suburb of Liverpool has the savviest property investors signing on the dotted line, courtesy of the area’s strong investment fundamentals.

In recent years, Liverpool – located in the South-West of Sydney – has been the focal point of a perfect economic storm. The suburb’s pre-boom statistics already stack up well in comparison to Melbourne’s CBD. Despite what seems like an unfair comparison, according to CoreLogic, Liverpool’s median weekly rent for a unit is currently $380 and yields a rental return of 4.4%, which isn’t that much below that of Melbourne’s CBD, which sits at $550 per week and 6.5%.

And while cash flow might allow you enter and stay in the market, it is capital growth – the increase in the market value of your property – where the real money is made. Research by Aussie Home Loans and CoreLogic found that in the 25 years between 1993 and 2018, the average unit price in Sydney increased by $589,850 (that’s $23,594 per year or $65 per day) compared with Melbourne’s increase of $458,275 ($18,331 per year or $50 per day). And Sydney’s growth – particularly in the south-west – is all about to change… big time!

The site for Sydney’s second airport, Western Sydney International Airport (Nancy Bird-Walton) which will eventually be twice the size the Sydney’s current Airport, has been announced to be located at Badgerys Creek, which is just to Liverpool’s west. The Western Sydney Aerotropolis, an aerospace, engineering, science and business hub built around the airport and make a significant contribution to 200,000 new jobs, has also been revealed. Between these two projects, what was once a sleepy patch of farmland in Sydney’s South-West will soon be one of the most economically important areas of Sydney. And Liverpool is perfectly placed to capitalise on this growth.

In response to the upcoming developments and the influx of people and businesses that they will trigger, the Liverpool City Council has rezoned 25 hectares in the suburb’s heart. This will see the residential population almost double and transform the city into a vibrant economic hub with an 18-hour economy, in line with the Sydney and Parramatta CBDs. This shift has caught the eye of local and international companies with the Western Sydney International Airport (Nancy Bird-Walton) headquarters basing themselves in Liverpool and Amazon to open its first NSW fulfil centre next door at Moorebank, no doubt many other companies are likely to follow.

In short, no other suburb in Australia is likely to experience the sort of growth and development that Liverpool will over the next decade. And there’s a way that the public can capitalise on Liverpool’s impending growth, even if they don’t plan to live, work or even travel to the area. Read More…

Sponsor Ads

• Ad Space Available - Rent it Now!

Report this Page

Created on Jan 15th 2020 06:32. Viewed 548 times.

Share on APSense

Comments