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Developer Merhis supports affordability with Blacktown project

Property Markets / Planning, Zoning, Infrastructure

Australia / Sydney

Jun 22 2018

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Key workers – particularly those in the healthcare sector working at nearby Blacktown Hospital which is currently under expansion - have led the charge at Merhis Living’s Inspire development on Second Avenue in Blacktown, where entry-level apartments start from $435,000.

Inspire, much like all the developments in Merhis Living’s stable of residential offerings in key growth areas such as Liverpool, offers affordable, quality apartments primarily to locals with the aim of getting more Australians into their first home, faster.

Merhis Living’s Marketing Director Anthony Aoun said Inspire provides the local market with brand new, modern and affordable apartments that will allow key workers to live where they work, rather than face lengthy commutes to and from Blacktown Hospital.

Quoting a recent study by the University of Sydney on Key Worker Housing Affordability, Mr Aoun said that not only were key workers such as paramedics and nurses needing to save an average of 13 years for a home deposit, they were also facing commutes of up to 1.5 hours one way travelling to or from work.

“Much like the response from the public when this news broke recently, so too did we at Merhis Living find this to be a terrible predicament for the key workers in our community that are so instrumental in keeping us safe and well,” Mr Aoun said.

“We welcome enquiry from this demographic and will do our utmost to ensure that any key hospital workers from the local area and those thinking to relocate to Blacktown, are able to secure an affordable apartment.”

Although one of the solutions put forward by the NSW Government has been looking at boosting housing options for Sydney's vital workers by subsidising inner-city units, Mr Aoun believes that developers have a responsibility if developing near key employment hubs for these particular essential workers, such as hospitals, to provide affordable options for them.

The Key Worker Housing Affordability study uncovered that Sydney had lost close to 20 per cent of its key workers — including emergency workers, teachers and nurses — between 2006 and 2016, while the closest centre considered affordable for an entry-level nurse was Cessnock, more than 150 kilometres from Sydney in the Hunter region.

Blacktown’s population is set to rise from 340,000 to 540,000 residents by 2036 and with such a rapidly growing population and the creation of thousands of new jobs planned for the local area going forward, never has there been so much demand for new dwellings in Blacktown. The growth area was also identified as one of 2018’s property hotspots to watch by Your Investment Property.

Inspire comprises 181 apartments, just over half of which have been sold, with the majority of apartments being two-bedroom, two bathroom homes to cater specifically for the first home buyer market that generally favours this configuration.

“With unsurpassed views of Sydney’s CBD, the Blue Mountains and district skyline, Inspire offers a premium lifestyle that is just a stone’s throw away from Blacktown CBD and its dining precincts, key infrastructure and transport connectors,” Mr Aoun said.

“Residents will find themselves just a three-minute stroll from the train station, five minutes to Westpoint Shopping Centre and local schools, and only five minutes’ drive from Blacktown Hospital, while Parramatta CBD is just fifteen minutes away.”

Mr Aoun said the Blacktown Merhis Living project team has strong focus on the local community as well as the future convenience of residents, with a number of other projects and investments in the pipeline for the developer within the City of Blacktown.

Construction on Inspire by Merhis Living is expected to commence by mid to late 2018 and prices for remaining apartments start from $435,000 for one-bedroom apartments, $537,000 for two-bedrooms. All apartments come with storage and car spaces.

Merhis Living is hosting an event on Wednesday, 27 June 2018 at Blacktown RSL addressed by Dr Andrew Wilson, Chief Economist at My Housing Market (and industry leading commentator, ex-Domain) for first home buyers.

Places are limited, please visit https://www.eventbrite.com.au/e/put-blacktown-in-your-first-home-buyer-sights-tickets-46179478062 to reserve your place at this free event.

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