House and Land Austral
Austral is quickly emerging as a prime location for those seeking to buy house and land packages in Sydney’s expanding southwest region. Its modern infrastructure, proximity to key urban areas, and rapid development make Austral an appealing choice for families, investors, and developers. Discover your perfect house and land Austral package, whether you’re looking to build a dream home or make a sound investment.
House and Land Austral
Austral has recently seen a surge in demand for house and land packages, thanks to ongoing urban development and government infrastructure projects. Austral covers approximately 15.6 square kilometres, with 6 parks taking up 5.4% of the total area. While the population in 2011 was 3,023, by 2016 it slightly decreased to 3,014, reflecting a 0.3% decline. The predominant age group in the area is 40-49 years, and the suburb is known for its family-oriented atmosphere, with a majority of households consisting of couples with children.
Austral Real Estate Market Trends
Property Availability and Pricing
Austral currently has 404 houses available for sale, with a median property price of $775,000. Although there has been a 10.14% decrease in annual capital growth, this price point reflects the broader trend in the market. On average, houses spend 41 days on the market, and 448 homes have been sold in the past 12 months, showcasing a steady level of transaction activity.
Investment Potential
For those considering investment properties in Austral, the suburb offers a 3.56% rental yield, with the average median rent sitting at $740 per week. Despite a 7.46% decline in growth over the past quarter and a 10.14% drop in the past year, Austral remains a viable option for long-term investors seeking stable rental returns and future capital growth opportunities.
Homeownership and Occupation Trends
n terms of homeownership, 67.3% of homes in Austral were owner-occupied in 2011, a figure that dropped to 60.5% in 5 years. The majority of residents work in trade occupations, and most households are repaying mortgages of $1,800 to $2,399 per month. These factors point to a working-class community with a strong presence of long-term homeowners.
Why Choose House and Land in Austral?
Location and Accessibility
Situated approximately 55 kilometres southwest of Sydney’s CBD, Austral is within close proximity to major hubs, including Liverpool, Campbelltown, and the future Western Sydney Aerotropolis. This makes Austral an ideal location for professionals who require easy access to work or key business centres while enjoying a more relaxed, family-oriented lifestyle.
Affordability and Value
Austral provides an affordable pathway into property ownership, particularly in a market like Sydney, where house prices in many areas are significantly higher. The affordability of house and land packages also allows buyers to secure more spacious properties at a better price compared to other Sydney suburbs.
Customisable Living
One of the key benefits of purchasing a house and land Austral package is the flexibility it offers in designing and building a home that aligns with your lifestyle needs and preferences. Unlike purchasing an existing property, house and land packages allow buyers to work with developers to customise the design, layout, and finishes of their home.
Future
The construction of the Western Sydney Airport, scheduled for completion in the coming years, is expected to have a significant positive impact on property values in Austral and the surrounding suburbs. Additionally, the creation of new business and employment zones as part of the Western Sydney Aerotropolis will drive further demand for housing in the area.
Benefits of Investing in House and Land Austral
Stamp Duty Savings
One of the most significant financial benefits of purchasing a house and land package in Austral is the potential to save on stamp duty. Buyers only pay stamp duty on the land component, which can result in substantial savings.
Customisation
House and land packages offer the freedom to design your home according to your preferences. You can choose everything from the layout to the fixtures, creating a living space tailored to your needs.
High Rental Demand
Austral has low vacancy rates, indicating high demand for rental properties. This makes it a lucrative option for investors seeking stable rental returns.
Growing Infrastructure
Austral’s ongoing infrastructure development, including schools, shopping centres, and transportation, is driving up property values. This upward trend in growth ensures a solid return on investment for property buyers.
Amenities in Austral
Education
- Box Hill Town Centre
- Little Zak's Academy
- Austral Public School
- Unity Grammar College
Shopping and Dining
- IGA Austral
- Carnes Hill Marketplace
- Ironbark Ridge Public School
- Leppington Shopping Centre
- Edmondson Park Town Centre
Transportation
- Public train and buses
- Cycling routes
- Edmondson Park Train Station
Healthcare services
- West Hoxton Medical Centre
- Austral Medical Centre