First-time buyers jump on infrastructure

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HOME seekers desperate to snap up property are discovering their approach into the market — in an reasonably priced unit growth in Sydney’s southwest.

Atrium, a U-shaped constructing going up in Liverpool, is providing fashionable flats for as little as $454,000.

With the undertaking previous the topping out stage and completion anticipated by mid-2019, solely 30 of about 140 flats are nonetheless up for grabs and promoting by way of Colliers Worldwide.

Director of residential undertaking advertising and marketing Selda MacDonald mentioned greater than half of consumers so far had been first house consumers.

She mentioned whereas the entry-level worth level was on par with what locals needed, it was the world’s future development potential driving gross sales amongst first house consumers.

“With the federal government spending a lot cash (in Liverpool), they’ve confidence that in years to return property costs will improve,” Ms Macdonald mentioned.

Infrastructure attracting consumers contains the Western Sydney Airport and Liverpool’s multi-million-dollar well being precinct increase.

Buyers from the japanese suburbs and north shore have additionally purchased into the six-storey undertaking.

On the nook of Atkinson and Shepherd streets, it’s close to the Georges River and deliberate waterside boardwalk.

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One-bedroom items worth from $454,000; two bedders worth from $562,000 and three bed room flats begin at $644,000.

All items have a automotive house, balcony and entry to a rooftop terrace.

Go to atriumliverpool.com.au

Supply hyperlink – https://www.information.com.au/finance/real-estate/atrium-project-draws-first-home-buyers-due-to-new-infrastructure/news-story/68797f98cd82cfe1eb43731e28d181f1

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