Based on the available data, Urban.com.au was able to determine which 20 suburbs within Sydney are projected to experience the greatest intensity of apartment development.
Which brings us to the subject of this article. So what did we discover?
Surprisingly (for us at least) only one of the top 10 suburbs listed in the table below is located within inner-city Sydney, with the remaining suburbs which round out the top 10 located in some cases located much further out.
While other inner Sydney suburbs are present on the Urban.com.au database – such as Mascot at #13, Zetland at #18, Sydney’s centre ranked outside the top 20 at #21.
This would indicate that the bulk of Sydney’s pipeline of new apartments are in middle and outer reaches of the metropolitan area.
Unsurprisingly, there also appears to be a correlation between investment in new large-scale public transport in suburbs and their respective development pipelines of medium to high density apartment developments.
Parramatta, the top Sydney suburb at time of writing, is set to benefit from a new light rail line with planning already underway on the second stage.
A station as part of the mooted Western Sydney Metro also appears to be on the cards for Parramatta. This will likely see private investment in the form of apartment development continue in the medium to long term.
Schofields and Rouse Hill are outer metropolitan areas that will see the first phase of the Sydney Metro Northwest open next year and Macquarie Park, while it has had a rail service for over 10 years, it will also see service improvements when the existing Epping-Chatswood line is converted for Sydney Metro’s use.
The the City and Southwest project which forms the second phase of the Sydney Metro, will re-use the existing Bankstown line via Sydenham. All stations between those two points are represented on the Urban.com.au database however, Bankstown is the only suburb to make the top 20 list at this stage.
Parramatta aside, Liverpool, Lidcombe, Epping and Penrith are flying that flag and Wentworth Point, a former industrial peninsula adjacent to Sydney Olympic Park ranks at #4.
Wentworth Point is likely to benefit from improved connectivity via stage 2 of the Parramatta Light Rail project.
The number of dwellings below are for all projects on the Urban.com.au project database across all four main statuses – Planning Assessment, Approved, Registration & Sales and Under Construction.
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Urban.com.au’s database represents Australia’s largest range of new development projects.
As part of our aim of providing a more national focus to the site, Urban.com.au is currently in the throes of expanding its Project Database to encompass more Australian cities.
This includes continuing to develop our data for Sydney to provide a more comprehensive and thorough database which is of the same standard and breadth as our Melbourne data.
As the database continues to grow, we occasionally like to take a moment to analyse and reflect on the data to identify any emerging trends or patterns. If you are interested in Urban.com.au’s database, please contact us through Urban.com.au.