There are nearly 900,000ha of land, 2.7 million people living there and huge demand, but making residential developments stack up in Western Sydney remains a problem.
In the region, 58 apartments need to be built every day—or 21,478 a year—until 2041 to keep up with demand, according to Ray White Commercial Western Sydney’s Residential Development Report.
However, there are several key elements missing from the far Western Sydney development puzzle, a region with the third largest economy in Australia.
TUD+ Member Only Content
Sign in to your TUD+ Account or join 50,000 property professionals who stay up to date with our newsletters and market trends with Australia's most trusted property journalists.