Liverpool City - South-western suburbs of Sydney
The many qualities that mark the Liverpool precinct as a long-term growth market have allowed it to show resilience in the face of the general Sydney downturn. Many suburbs still price levels comparable to a year ago and others have dropped only marginally.
The Liverpool precinct benefits from the decision to proceed with the Badgerys Creek airport and associated infrastructure. Thousands of jobs will be created, contributing substantially to the local economy.
In addition to the infrastructure associated with the new airport, the Liverpool region is the focus of extensive new development of transport infrastructure.
Liverpool is the No.1 location in New South Wales for first-home buyers – and has been for several years. The neighbouring Cabramatta and Bankstown precincts are also high on the list. The Liverpool City local government area is also one of the top 10 baby boom locations in NSW.
This is important because affordability remains the key issue in Sydney residential property – and this precinct of Sydney has attracted buyers because of its abundance of cheaper units and houses. It also has appeal for investors because vacancies are generally low and rental returns above average for Sydney.
This report covers the suburbs of Liverpool, Busby, Cecil Hills, Chipping Norton, Edmondson Park, Green Valley, Hinchinbrook, Holsworthy, Hoxton Park, Leppington, Lurnea, Middleton Grange, Moorebank, Prestons, Wattle Grove and West Hoxton.