GROWING THE SOUTH-WEST | First-home buyers are capitalising on changing market conditions

The property market is rapidly changing with more interest-rate cuts, bank regulator APRA's proposed plans to relax lending restrictions, property-price reductions and investors leaving the market.

First-home buyers are capitalising on these fluctuating market conditions in fast-growing masterplanned communities in the South-West such as New Breeze at Bardia.

Suniel Ghimire and Ruby KC, both 30, secured a 250-square-metre block at New Breeze. Suniel said: "As first-home buyers, Ruby and I had been working very hard for several years to save. A friend living at Edmondson Park introduced us to the area. We could immediately see the current activity and future potential of the South-West Growth Corridor and visualised ourselves being part of it.

"New Breeze at Bardia was an obvious choice with its closeness to EdmondsonPark station, the future Ed.Square town centre and extensive community facilities. Several friends also bought in the estate which made our decision very easy."

New Breeze sales manager StephenBambury said: "We're seeing a flurry of enquiries and sales among first-home buyers. Several smaller land parcels and house-and-land packages have been released to meet their requirements.

"They're savvy and understand when they see value. Bardia is in the epicentre of the thriving South-West Growth Corridor. Location is incredibly important for first-home buyers.

"They're looking for affordable house-and-land packages, wide open spaces, community facilities, shopping centres, schools and transport infrastructure all on the doorstep.

"The private sector as well as federal and state governments continue to collectively spend billions on infrastructure in the South-West Growth Corridor which first-home buyers have recognised. Buyers from the South-West, including Campbelltown, Liverpool, EdmondsonPark and Fairfield, are predominantly taking advantage of the buying opportunities in the region."

Campbelltown is in the middle of the South-West Growth Corridor. Its population is forecast to grow from 158,941 to about 300,000 by 2036.

This would position Campbelltown, encompassing Bardia, at the forefront of Sydney's metropolitan development.

New Breeze spans 89 hectares and will comprise about 1264 homes when completed next year. The development will include large high-quality parks and playgrounds, a sports oval, bike and cycle paths and 40 hectares of open spaces for recreation. Land sizes start at 227 square metres and are priced from $319,900.

New Breeze is 8 kilometres from Liverpool's CBD and about 45 minutes from Sydney's CBD. It's at the gateway to the expanding Sydney South-West Growth Centre and provides easy access to Western Sydney Airport at Badgerys Creek.

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