Plum Property Great Western Highway Property Price Report

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What does the Great Western Highway Upgrade mean for Blue Mountains Property Owners? 560 540 520 500 480 460 440 420 400 380 House Prices in the Blue Mountains 360 20 September 2010 March 2011 September 2011 March 2012 September 2012 March 2013 September 2013 March 2014 September 2014 March 2015 September 2015 “The Blue Mountains is an option for people who have been priced out of the Sydney market,” Wilson said. “Because of the upgraded highway, which cost the NSW government $569 million, inner-city buyers didn’t have to worry as much about the commute” he said. As Sydney continued to grow west, the Blue Mountains was becoming more attractive. “There’s also increased economic activity in the west and south-west suburbs, such as Parramatta, and growing work opportunities those areas,” Dr. Wilson said. House prices across the entire Blue Mountains region increased 19.4% over the past year, not far off the 21.7 per cent surge Sydney experienced in the same period. “The prices that have been achieved for some Blue Mountains properties are unheard of - and well above the highs of the last Real Estate boom in 2003/2004”. Claire Schmidt-Rees T/A Plum Property Blue Mountains (the agent) have endeavoured to show all statistics reported by and as listed on publically available sources for the mentioned period. We believe this information to be accurate. Whilst all care has been taken, no responsibility is accepted for the accuracy of the whole or any part of this document. Individuals are directed to rely on their own enquiries. Please disregard this publication if your property is exclusively listed with another agent. Data displayed is only that which has been made publically available in the following sources: realestate.com.au, domain.com.au and rms.nsw.gov.au. We advise you seek independent advice on your area statistics if you are thinking of buying or selling. www.plumpropertybm.com.au
Blue Mountains Average Market Demand 800 people 806 700 people 669 707 700 600 people 591 500 people 462 400 people 300 people 200 people 100 people 0 people NSW Katoomba Springwood Lawson Hazelbrook Woodford Claire Schmidt-Rees T/A Plum Property Blue Mountains (the agent) have endeavoured to show all statistics reported by and as listed on publically available sources for the mentioned period. We believe this information to be accurate. Whilst all care has been taken, no responsibility is accepted for the accuracy of the whole or any part of this document. Individuals are directed to rely on their own enquiries. Please disregard this publication if your property is exclusively listed with another agent. Data displayed is only that which has been made publically available in the following sources: realestate.com.au, domain.com.au and rms.nsw.gov.au. We advise you seek independent advice on your area statistics if you are thinking of buying or selling. www.plumpropertybm.com.au
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Plum Property Great Western Highway Property Price Report

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