Why apartment living is more attractive than ever SydneyRealEstate SydneyHomes
ALAND recently topped out two of its residential developments including the Quartz building at The Gladstone Village in Merrylands and Carson on the Park in St Marys.
“We have also seen a surge in inquiry in the last two weeks leading into the new government schemes coming into effect on 1 July. Both projects are due for settlement by the end of this year, with over 1700 residents anticipated to move in. Mr Tadrosse says Sydney’s chronic housing shortage and a high demand from buyers and investors was driving its strategy.“We can see development approvals dropping off and supply slowing yet demand continues to increase. There’s a need for projects in Western Sydney for buyers who want to enter the market or investors looking to build their wealth,” he said.
Rumbalara Residences is a $250m development being built at the highest point in Gosford. Plans include 188 apartments, figure eight pool, gym, clubhouse and views across Brisbane Water.
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