In a response to Sydney’s growing population and a desire of Sydneysiders to live close to transport, infrastructure and employment, the NSW Government launched its Urban Activation Precincts programme in March 2013.

Current forecasts suggest that more than 1.6 million additional people will be living in Sydney by 2031, requiring around 664,000 more homes.

Read more: http://www.smh.com.au/business/property/hot-property-sydney-residential-replacing-suburban-industrial-sites-20141126-11ucx9.html#ixzz3KdbYPK5Z

 

DISCLAIMER: This disclaimer is a requirement of the Securities Industry Legislation Act. The writer of this article is not a practicing lawyer or financier. The information, statements and opinions expressed are intended only as a guide as to some of the important considerations to be taken into account relating to property investment. I strongly suggest that you consult with licensed professionals such as accountants, Lawyers, Valuers, Development Consultants, Quantity Surveyors and others, BEFORE signing any contracts or other binding documents.

Sign up and receive the latest Future Wealth Management News

Join our subscribers who receive our weekly newsletter, Future Wealth, with the latest updates on taxation, property investing and finance news

You have Successfully Subscribed!