Real estate experts are expecting a property boom in Sydney’s west should a proposed airport at Badgerys Creek get the go-ahead, according to The Australian Financial Review.
The coalition government is considered close to giving a second Sydney airport the all-clear and Urbis managing director John Wynne says the positive economic impact of the project will drive higher property prices.
“Sydney’s second airport, wherever it is built, will be a catalytic project; projects which create jobs and increase infrastructure and population promote long-term economic growth,” he told the AFR.
Mr Wynne added that the proposed airport could see Penrith and Parramatta turn into CBD-style hubs.
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Second Sydney airport could ensure a property boom in city's west: report.
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