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Buyers set to pounce as next release of north-west Sydney’s newest residential estate is confirmed

People & Companies / Latest News

Australia / Sydney

Feb 28 2018

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Leading Sydney-based property developer, Clearstate, has announced the Stage 2 release of its fast-selling Candlebark development in Sydney’s booming north-west region.

Located at 13 Box Road, Box Hill, the development offers a boutique release of only 25 lots, and follows the Stage 1 release of 51 lots, which is now sold out after its launch in March 2017.

According to Clearstate General Manager, Steve Barlow, the continued appetite for new land in Sydney is fuelling Candlebark’s sales.

“As we all know, it’s becoming harder and harder to find land for new homes in Sydney, and so people are moving quickly to snap up opportunities in the rapidly-developing north-west and south-west growth corridors,” said Mr Barlow.

“At Candlebark, we’re fortunate to have a beautiful parcel of land set against an idyllic rural backdrop, but still only five minutes to Rouse Hill Town Centre.

“Combined with the affordability of the lots on offer, buyers have been keen to place their stake in the ground, and this is why we’ve had such a positive response to our Stage 1 release and have quickly moved into Stage 2.”

Stage 2 of Candlebark at Box Hill will launch to market on Saturday March 10, and will feature a diverse mix of lots in sizes up to 493sqm, with most priced competitively between $440,000 and $600,000, as well as a selection of pre-planned house & land packages. In addition, Clearstate is offering a $5,000 landscaping rebate on all lots. “Another lure for buyers is the fact that North West Sydney is going from strength to strength, with the opening of the Sydney Metro North West due in 2019, as well as many other major infrastructure upgrades in the area,” said Mr Barlow. “For instance, nearby Marsden Park is fast becoming a new hub for business, with up to 10,000 jobs predicted for the area, while the NSW Government has recently committed $300 million towards the construction of a new hospital at Rouse Hill as well. “This is why developments such as Candlebark at Box Hill offer families the opportunity to grow and flourish along with this thriving region.”

Indeed, according to data from the Australian Bureau of Statistics’ 2016 Census, young families make up the larger proportion of the area’s population, with many moving from within the region and adjacent local government areas to establish new households.

Census data also shows the population of the neighbouring Rouse Hill is forecast to grow by a significant 79% over the 20 years to 2036 – rising from 8,389 persons in 2016 to 15,023 persons by 2036 – in a strong indicator of the growth of the region.

“As a developer, Clearstate has long been committed to north-west Sydney, and we’re excited to be so closely involved with the region’s future growth,” added Mr Barlow.

“We’re dedicated to providing affordable and quality land for our buyers, and this is why we’re encouraging families and others seeking somewhere to build a new home to consider Candlebark at Box Hill.”

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