Wollondilly LGA - Far south-western fringe of Sydney, NSW
The quaint rural towns in the Wollondilly Shire are becoming a popular destination for Sydney residents looking for more affordable housing and a relaxed lifestyle.
There has been a steady uplift in house sales over the last five years, noticeably in Bargo, Picton, Tahmoor and Thirlmere.
This in turn has produced double-digit growth in median house prices over the last 12 months, delivering strong long -term capital growth rates.
The region has been earmarked by the State Government for population growth, with Wilton nominated as the site for a new town to accommodate 50,000 residents. In addition, the NSW State Government has allocated $100 million in the FY2018 State Budget towards a new high school in Picton to support the future growth.
New land estates are emerging, creating fresh opportunities for home-owners and investors to buy real estate at prices that are affordable relative to other parts of the Sydney metropolitan area.
This report covers Appin, Bargo, Buxton, Oakdale, Picton, Silverdale, Tahmoor, The Oaks, Thirlmere, Warragamba and Wilton.