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Why It’s An Ideal Time to Own Property in Merrylands

Why It’s An Ideal Time to Own Property in Merrylands
01/2022

Set to become one of Western Sydney’s most thriving hubs, Mason & Main has been intentionally designed in collaboration with the multi-award-winning architects from Woods Bagot as a new Town Centre for Merrylands. Its prime location on Merrylands Road is perfectly positioned between Sydney’s two CBDs, just 5 minutes from Parramatta and a 25 minute drive to Sydney’s CBD.

An Exciting Pipeline of New Infrastructure

In positive news for Mason & Main buyers, a significant investment in infrastructure and strong projected population growth of 1.36% by 2036 guarantees an incredibly positive future for the suburb, making it an ideal time to own a property in the area.

Read on to find out more about the infrastructure set to drive further growth and connectivity in the Merrylands region.

 

Approved Infrastructure Projects in Merrylands and Surrounds

 

$11 Million Merrylands Civic Square – 2023 Expected Completion

Located just 50 meters from Mason & Main, Cumberland City Council has made a significant investment in the development of the Merrylands Civic Square. This will be a new hub for businesses and residents to come together, enhancing the sense of community in the already vibrant suburb. Merrylands Civic Square will be a great connection to Mason & Main’s Eat Street, further enriching the value of the precinct.

Read more about Merrylands Civic Square here.

 

$2.4 Billion Parramatta Light Rail – 2023 Expected Completion

The Parramatta light rail will significantly improve public transport options and connectivity across the Western Suburbs, allowing people to move more efficiently through surrounding areas like Carlingford, Westmead, Sydney Olympic Park and Strathfield. This project will cement Parramatta as Sydney’s second CBD, positioning Merrylands as a promising location for people seeking first-class apartments and amenity close Parramatta’s CBD.

Read more about the Parramatta Light Rail here.

 

$45 Billion Westconnex Motorway – 2023 Expected Completion

The WestConnex Motorway is Australia’s largest infrastructure road project and central to the government’s broader plan of easing congestion and access across Sydney’s motorways. With the Westconnex M4 Church Street exit just minutes away from Mason & Main, residents can access various Sydney cities with ease.

Read more about the Westconnex Motorway here.

 

$12 Billion Sydney Metro West – 2030 Expected Completion

The new underground railway will create greater connectivity between Western Sydney and the Sydney CBD, and generate thousands of new jobs for Western Sydney. As Merrylands Train Station connects with Parramatta and Sydney CBDs, travel time between the central business districts will be heavily reduced.

Read more about Sydney Metro West here

 

$2.7 Billion Parramatta Square – 2022 Expected Completion

 

As one of the largest urban renewal projects in the country, Parramatta Square redevelopment will breathe more business, innovation, and culture into the city center. Offering premium grade office spaces, a multi-level retail podium, and civic facilities to entice people to the area, Parramatta Square will be a thriving hub for businesses and individuals alike.

Read more about Parramatta Square here.

 

$1 Billion Westmead Hospital Redevelopment – 2022 Expected Completion

As Australia’s largest medical precinct, the Westmead Health and Medical Research Precinct redevelopment plans are a major boost for Western Sydney.

Already accounting for approximately a third of Sydney’s health, research and education employment, the precinct will create an additional 11,000 jobs by 2031. The expansion bodes well for Mason & Main as an investment opportunity by adding lasting value and long-term housing demand to the area.

Read more about Westmead Hospital Redevelopment here.

 

$840 Million Powerhouse Museum Parramatta – 2023 Expected Completion

The new Powerhouse Museum will reside on Parramatta River and is set to become a tourist and community hub for arts and culture. Mason & Main residents can enjoy the museum just 15 minutes’ drive from their home.

Read more about Powerhouse Museum Parramatta here.

 

Western Sydney University – 2022 Expected Completion

Following the opening of two new state-of-the-art campuses in Parramatta and Liverpool CBDs, the university’s third campus will be located in the heart of Bankstown. Western Sydney University (WSU) has partnered with Walker Corporation to deliver a $340 million Bankstown City campus, triggering the creation of hundreds of new jobs in the surrounding suburbs. Set to open in 2022, the campuses will bring thousands of new staff and students to the area.

Read more about Western Sydney University’s ongoing expansion here.

Why is Mason & Main a Great Investment Opportunity?

Offering a mix of studio, one, two, and three bedroom configurations starting from $394,00, investors can confidently purchase apartments unlike anything else in the area. With a forecast average rental return of over 4%, the unique design, high quality finishes, promising location and adaptability of the apartments makes Mason & Main an extremely exciting investment prospect.

To learn more about investing at Mason & Main, get in touch with our property experts by registering your interest here.

 

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