Residential land developer Castle Group has announced it is growing its development pipeline in south-west Sydney to five residential land subdivision projects across Austral and Leppington.
The projects, made possible through recent land purchases, will contribute 400 new homes to the area within five years. Castle Group plans to provide a mix of low to medium density homes that will accommodate an estimated 1200 people.
Castle Group head of development Stuart Allen said that south-west Sydney was a major growth area and housing stock was low. Many buyers were looking for opportunities to build their dream homes in the area.
“The coming Western Sydney International Airport and Aerotropolis are catalysts for economic development in south-west Sydney. We see an opportunity for Castle to help shape the neighbourhoods for future residents,” he said.
“We currently have five projects in the south-west and we’re negotiating an additional $120 million of land purchases in the area, which we expect to finalise shortly.
“We have a strong track record of delivering neighbourhoods that are great places to live—places that are well connected, walkable and sustainable,” Allen said.
1375-1383 Camden Valley Way, Leppington: 64 lots—under construction
29 Kelly Street [pictured, top] and 25 Boyd Street, Austral: 91 lots—under construction
155 Boyd Street, Austral: 84 lots—DA approved
505-535 Fifteenth Avenue [pictured, above], Austral: 117 lots [new acquisition]—DA approved
350 Edmondson Avenue, Austral: 44 lots—DA lodged
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We are a fast-growing and leading residential land developer in Western Sydney, specialising in low and medium density projects in growth areas of Sydney’s north and south-west.
