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Thanks for your insights ej89, the local knowledge is priceless. I hope the Riverstone property comes through for you. I'm comfortable with my purchase, there is definitely more land than the new estates and I think it will be a great long term hold.

I find this in new estates in Melbourne as well. Smaller blocks equals more blocks and more return for developers. What are peoples thoughts on house/land price suppression on established surrounding areas? Are buyers going to be saying: why should I buy an established place for $500k when I...

Hi all, Long time lurker, first time poster. I've currently bought in the North West of Sydney near the Marsden Business Park. I was wondering what peoples thoughts are of new estates and land releases on property prices of established dwellings in this area? Are we going to see subdued growth...