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South western Sydney is gearing up for long-term property price growth as the multi-billion dollar Aerotropolis takes shape.
Dubbed as Australia’s next global gateway, Western Sydney International Airport and the surrounding development is next level. The sheer value of the investment, from public and private sectors, and the scale of infrastructure planned is beyond anything we’ve seen in Australia before.
Western Sydney is on the brink of a transformative journey that promises to reshape the landscape for property investors. At the heart of this transformation is the highly anticipated Western Sydney Airport, set to take off in 2026. While the airport itself is a significant development, its impact extends far beyond the runway. In this article, we will explore what the new Western Sydney Aerotropolis means for property investors and why it's poised to be a game-changer in the real estate market.
And that’s just the start of the new Aerotropolis.
This coincides with a NSW government commitment of $1.15 billion for the construction of Sydney’s third CBD, north of the suburb of Bringelly. Named the city of Bradfield and under construction next to the airport, the region is predicted to become Australia’s third-largest economy by 2036.
"This is arguably the largest infrastructure going into any region in Australia and property in the south west of Sydney will benefit with the momentum."
- Sam Khalil, DPN Managing Director
Sydney Metro West, when complete, will service Greater Parramatta, Sydney Olympic Park, Westmead, The Bays Precinct and the Sydney CBD. Work started on the Sydney Metro-Western Sydney Airport line in December 2020. The 23-kilometre railway will have six stations, including two at the airport, and it’s expected to be operational when the airport is inaugurated in 2026.
In terms of the airport itself, one terminal is planned for all domestic and international flights. It’s forecast to handle 10 million passengers a year and further stages will aim to cater for 82 million passengers annually by 2060. The complex will feature unique Western Sydney flora displayed via vertical gardens, along with entertainment venues, shops and restaurants.
Turning bushland and paddocks into a bustling city centre, the new city of Bradfield rests at the heart of the Aerotropolis and it’s named in honour of the engineer who helped shape Sydney. The 11,200-hectare site is predicted to generate more than 200,000 new job opportunities across the Aerotropolis, Northern Gateway, Badgerys Creek and Agribusiness precincts by 2056.
Joining Sydney and Parramatta, Bradfield itself is forecast to grow to become Sydney’s third iconic city, at about 60% the size of Sydney’s CBD. Industries will include research, manufacturing, science, aerospace and education. Over the next 30 years, it’s planned to evolve into a hydrogen-ready, cyber-secure location for advanced industries.
While the Metro rail line and highway upgrades will provide excellent transport links throughout Sydney, the vision is that of a ‘30-minute city’, where high-value jobs are close to home throughout Western Parkland City. Cultural centres, open public space, recreation facilities, retail and childcare are currently funded for the green, high-tech city.
Fast-forward to the future and a global university is planned at the Aerospace Institute, with a high-performance secondary school, vocational training, and a science, maths, technology and engineering university. Furthermore, the region will connect to four Western Sydney university campuses and the new University of Wollongong campus in Liverpool.
To meet the health needs of Western Sydney overall, there’s the $1.026 billion Nepean hospital redevelopment, the $1.282 billion Campbelltown redevelopment and the Mount Druitt and Blacktown Hospital’s $700 million redevelopments. An innovative CSIRO science and technology facility is planned, with carbon-neutral headquarters to house 450 staff.
Adding to the incredible growth and estimated to generate billions of direct economic output is an $8 billion World Trade Centre proposal. The vision includes four towers, an International Convention and Exhibition Centre, hotels, educational institutions, retail and residential buildings.
With the level of government investment, along with predicted industry, job, population and property price growth, the Aerotropolis is counting down to an incredible take off indeed.
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