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Apartment investors sharpen focus on fast-growing outer Sydney

Investor interest in off-the-plan apartments in Western Sydney is on the rise, with many attracted by the relative affordability of multi-residential dwellings compared to house and land packages, as well as the firm prospects of future capital growth.

Architect's rendering of ALAND's Schofield Gardens apartments
ALAND has significantly accelerated its development timeline at Schofields in Western Sydney. Image: ALAND (Image source: Shutterstock.com)

Investor interest in off-the-plan apartments in Western Sydney is on the rise, with many attracted by the relative affordability of multi-residential dwellings compared to house and land packages, as well as the firm prospects of future capital growth.

And Sydney’s latest coronavirus-related lockdown is having little impact on buyer enthusiasm, with restrictions on the number of people allowed in display suites at any one time becoming a schedul…

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