Many people are familiar with the famous saying "Location, location, location" about buying a building.
The importance of location to property investment potential can be seen from the price trend of projects located near large transportation hubs.
Real estates with the concept of an airport or a large station, benefit from the advantages of convenient transportation, usually have a larger rental demand, and the potential for appreciation is better.
In Hong Kong, adjacent to Chek Lap Kok Airport, Tung Chung, property prices have risen to $13,000 per square foot in 10 years; in Australia’s largest city, Sydney, the property prices in the Mascot district, where the existing airport is located, have doubled to A$1.5 million in 8 years .
As Sydney’s existing airport is showing signs of saturation, a second international airport is being built southwest of Sydney to meet future passenger and cargo needs.
With the launch of the plan for the new airport, the concept of "Space City" has driven up property prices in nearby lots.
Ray White Hong Kong knows that "Western Sydney International Airport" will be the key word for Australian property from now on to the next 10 years. Therefore, citing the popular townhouse and apartment projects in the area, the entrance fee is less than HK$3 million.
As long as the first installment is as low as HK$280,000, everyone can buy a property in Sydney to welcome the prosperity brought by the new airport plan.
As Australia's economic center of gravity, Sydney's airport shoulders 40% of the country's international passenger traffic and half of the country's annual cargo volume.
Former Prime Minister Tony Abbott predicted seven years ago that Sydney’s annual passenger traffic would double to 87 million in 20 years, far exceeding the current airport’s capacity.
Unless a new airport is built to meet this huge demand, it will face economic losses of up to 34 billion Australian dollars and lose 80,000 jobs.
After the Western Sydney International Airport plan was finalized, property prices in the surrounding areas immediately rose.
Take the Bringelly area near the new airport as an example. Property prices have doubled within four years, from A$890,000 in 2014 to A$3 million in 2018.
The reason why the "airport board" is highly sought after by the market is that the construction of an airport will also bring about the need for other infrastructure projects and supporting facilities.
Although the airport itself will bring business opportunities to the logistics, aerospace, tourism and catering industries, large and small support communities will also be developed around the airport.
The local government has begun to upgrade the transportation network to education and medical services and other community facilities, including a $547 million improvement on the road connecting the northeast in the region, and a $2 billion construction of the Western Sydney Railway to reach the city center.
Residents will be able to find daily necessities in the housing estate, while enjoying convenient transportation to the city center.
A major feature of the "Airport Disk" is the complete facilities in the area, and residents can meet their daily needs in the housing estate.
"Airport disk" enjoy the geographical advantage Edmondson Park has great potential for appreciation
The Western Sydney International Airport, which is expected to open in 2026, is estimated to bring about 200,000 jobs in the region, and will bring about 1 million people to Western Sydney in 2030, making Western Sydney the fourth largest city in Australia.
The trajectory of rapid development in the region is expected to be comparable to Shanghai Pudong and Hong Kong Tung Chung.
Regardless of whether you buy a house or live in the local area, you can share the fruits of development in the region.
So, is there still a "water level" when trying to find home ownership opportunities in the district?
The answer is yes.
Edmondson Park, as the most affordable area around Western Sydney International Airport, is naturally highly regarded.
The admission price of a local apartment is about A$490,000, and there is considerable room for long-term growth.
Ray White Hong Kong brings you Ed. Square, a project developed by Frasers Property, a large listed developer, so that you can still buy what you like even under the rush of property purchases in the region.
Ed. Sqaure covers an area of 24 hectares, providing 893 townhouses and 920 apartments, with a variety of units, with a useful area ranging from 797 to 2,562 feet.
The project is equipped with clubs, shopping centers, cinemas, nurseries, etc. It is actually a "city within a city".
The train station and the bus terminal are just a few seconds away. No wonder the first two phases were sold out immediately, and local buyers accounted for more than 80%.
Ed. Sqaure is reasonably priced, and the entrance fee is only HK$2.76 million, and the first installment is as low as HK$280,000.
There are only the last three townhouses left in the project, and the latest phase of the apartment is on sale overseas for the first time.
At the property fair this weekend, there will be a property investment seminar for the petty bourgeoisie to analyze the types of properties that can be bought in Australia for the first $300,000 Hong Kong dollar. Friends who are interested in buying a property there, remember to make an appointment to participate.
Australia Property Joint Exhibition
Date: August 21 to August 22 (Saturday, Sunday) 11 am to 7 pm
Location:
[Causeway Bay Field] 20th Floor, World Trade Center, Causeway Bay, Room 2001 (Frasers Property Hong Kong Office)
[Tsim Sha Tsui Field] Stars at Tsim Sha Tsui Room 1633 on the 16th floor (The Balmoral Display Gallery)
Investment seminar time:
Topic: Can petty bourgeoisie be owners?
!
3 million Hong Kong dollar Australian floor lazy bag guide
[Tsim Sha Tsui Show] Saturday, 1 pm
[Causeway Bay] Sunday, 1 pm
Welcome to register in advance or make an appointment for
inquiries and appointments. Click here: https://bit.ly/2VWqGs6
*Information provided by the customer
#Offers are subject to terms and conditions
^Investment involves risks
