Western Sydney on the verge of further expansion as prices soar
By Bianca Dabu
23 April 2021
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1 minute read
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Significant growth is tipped for Western Sydney, driven by low interest rates, new infrastructure and confident consumers, a real estate expert has said.
The mid-February vaccine roll-out announcement has delivered a much-needed confidence boost to Western Sydney’s property market, boosting values by an average of 10 per cent, Raine & Horne’s Peter Ly said.
In fact, open homes are generating an increasing number of interest, with 20 prospective buyers said to have visited each inspection since February. In Liverpool alone properties are receiving up to 400 bids from competing buyers.
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