Hello everyone,
Have been looking for a while now at the Oran Park town Master plan and have also drove there few times and checked out the area and the new houses coming along.
Reading the sales brochure, there are estimate of 25000 houses to be built in total. The estate has some good facilities in terms of Schools, High schools, a college, kindergarten, child care and a massive shopping center. All of that looks pretty promising and there are also plan to upgrade the arterial roads and key links to the northern road and Camden Valley way.
However, as there is no train station nearby with the closest being the Leppington station (which is due to be operational mid next year) and the Campbell town station, commute to and from work and transportation as such may be a bit challenging.
So with that many new homes along with new estates being built nearby (eg Gregory hills, Willowdale) have a feeling Capital growth wise Oran Park may not fare as good as other estates like Willowdale and even houses at Edmondson Park which will have a station.
And whatever appreciation may come by over time, the sheer supply of new houses to be released in Oran Park Town and Other nearby estates may negate or offset it.
Would like to know what your thoughts are and reckon the same or have a different take.
Thanks !!
Have been looking for a while now at the Oran Park town Master plan and have also drove there few times and checked out the area and the new houses coming along.
Reading the sales brochure, there are estimate of 25000 houses to be built in total. The estate has some good facilities in terms of Schools, High schools, a college, kindergarten, child care and a massive shopping center. All of that looks pretty promising and there are also plan to upgrade the arterial roads and key links to the northern road and Camden Valley way.
However, as there is no train station nearby with the closest being the Leppington station (which is due to be operational mid next year) and the Campbell town station, commute to and from work and transportation as such may be a bit challenging.
So with that many new homes along with new estates being built nearby (eg Gregory hills, Willowdale) have a feeling Capital growth wise Oran Park may not fare as good as other estates like Willowdale and even houses at Edmondson Park which will have a station.
And whatever appreciation may come by over time, the sheer supply of new houses to be released in Oran Park Town and Other nearby estates may negate or offset it.
Would like to know what your thoughts are and reckon the same or have a different take.
Thanks !!