When investing in overseas properties, many buyers will consider projects located in big cities.
With the continuous development of big cities, the use of infrastructure such as airports may be saturated, thus giving birth to new development areas.
Sydney, Australia, as an important local economic center, is now intensively building a second international airport in the southwest, bringing the concept of a "space city" and huge appreciation potential to nearby areas, just as Tung Chung benefited from Hong Kong’s construction of new Airport.
"Western Sydney International Airport" will be the key word for investing in Australian properties this year and even the next 10 years.
Ray White Hong Kong brings you townhouses and apartments around the new Western Sydney International Airport "City within the City" concept housing estates. The minimum admission fee is less than HK$3 million, and the first phase is as low as 280,000 yuan. Grasp the opportunity to take off as early as the next core business district in Western Sydney.
The existing Sydney Airport has been in operation for many years, handling approximately 39 million passengers each year, accounting for 40% of the entire Australia, and freight volume accounting for half of the country.
However, the carrying capacity of Sydney Airport, which has undergone many expansions, is close to saturation and cannot withstand the expected doubled passenger traffic volume in the next 20 years.
As a result, the former Australian Prime Minister Tony Abbott decided to build the Western Sydney International Airport as early as 2014, so as to avoid the economic loss of up to 34 billion Australian dollars due to the overcapacity of the airport.
Western Sydney International Airport is expected to open in 2026, and it is expected that the annual passenger volume by 2060 will reach 82 million, which is double the existing Sydney Airport.
The labor market in the region will also benefit from this, creating 28,000 long-term jobs.
In addition, the construction of the new airport will also bring complete supporting facilities to the district, including infrastructure facilities such as railways and highways that directly reach the city center; and community facilities such as schools, large shopping malls, and entertainment venues.
It is expected that the aviation industry, freight logistics, manufacturing and other industries developed in the region will bring more than 200,000 jobs.
The government has invested 547 million to upgrade the roads in the area to the northeast, and 2 billion Australian dollars to build a Western Sydney railway that will connect to the city center.
Western Sydney is expected to have a population of 1 million by 2030, and it will be promoted to the fourth largest city in Australia. The situation is like Tung Chung and Pudong in Shanghai. With the completion of the new airport, the rapid development will drive the demand for property purchase and leasing in the region.
The completion of Western Sydney International Airport will promote the development of the district into a well-equipped community.
Airport concept winner Edmondson Park property is hot
As soon as the news of the plan to build a new airport in Western Sydney came out, the impact on the property market in the region was also immediate.
In Bringelly near the new airport, property prices jumped by more than 230% within four years.
The market predicts that Edmondson Park will become one of the biggest beneficiaries. There has been a rush to buy local properties, and the current apartment price is about 490,000 Australian dollars.
In terms of the long-term potential of the "airport market", there is still a lot of room for appreciation in the market.
In view of this, Ray White Hong Kong introduced Ed.Square carefully planned by Frasers Property, a well-known large-scale listed developer.
The project covers an area of 24 hectares, supplying 893 townhouses and 920 apartments, with a useful area ranging from 797 square feet to 2,562 square feet, with a variety of apartment types to choose from.
In this "city within a city", there will be residents' clubs, retail business districts, and green gardens to meet the different needs of daily shopping, eating, and leisure.
Residents can also walk to the train station and bus terminal, and travel to and from Sydney districts is also very convenient.
Ed.Square is now launching the last 3 townhouses, with the first phase as low as HK$330,000.
The project also added the latest phase of apartment, the first phase only starts at 280,000 Hong Kong dollars.
All units come with parking spaces.
Friends who are interested in becoming a Sydney building owner with Melbourne’s budget can visit the fair in person this weekend. In addition to the announcement of the first price list of the latest phase of the apartment, there will also be investment seminars where experts will share the investment strategy of "Aviation City".
Ed.Square also supplies townhouses and apartment houses to meet different needs of buyers.
Sydney Ed.Square Fair
Date: July 31 to August 1 (Saturday, Sunday) 11 am to 7 pm
Venue: Room 2001, 20th Floor, World Trade Center, Causeway Bay (Frasers Property Hong Kong Office)
Investment seminar time:
Topic: Western Sydney New International Airport "Airport City" property investment strategy
Time: 1 pm (1 session a day)
Topic: Can petty bourgeoisie be owners?
!
3 million Australian floor lazy bag guide (Sydney)
Time: 4 pm (1 game per day)
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