NSW 1.5 BILLION revamp for Mt Druitt CBD!!

Discussion in 'Where to Buy' started by datto, 12th May, 2020.

Join Australia's most dynamic and respected property investment community
Tags:
Page 1 of 4
  1. datto

    datto Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    6,675
    Location:
    Mt Druuiitt
    Billion-dollar revamp on the way for Mt Druitt CBD

    It's going to create 15,000 new jobs (I doubt it will include many locals).

    Is this the shot in the arm the area needs or will it be a boot to the backside? That is more slum full of scum.

    I'm hoping it will be good for the area and cause house prices to rise. Could be the next hot spot for investors!
     
    datto, 12th May, 2020
    #1
    Ted Varrick, Gladys, Biggbird and 2 others like this.
  2. hash_investor

    hash_investor Well-Known Member

    Joined:
    11th Oct, 2015
    Posts:
    2,440
    Location:
    Sydney / Canberra
    Mt Druitt is going to be the gem in Sydney's crown
     
    hash_investor, 12th May, 2020
    #2
    The Grinch and datto like this.
  3. Scott No Mates

    Scott No Mates Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    27,255
    Location:
    Sydney or NSW or Australia
    Are they going to have a competition to rename Blood Alley?

    In old speak, 1 person /10 m2 would be a 150,000 m2 of office space but now that's more than doubled. That's about the size of the 3 towers at Barangaroo (and no Crown Casino).
     
    Scott No Mates, 12th May, 2020
    #3
    datto likes this.
  4. Spiralkut

    Spiralkut Well-Known Member

    Joined:
    12th May, 2020
    Posts:
    142
    Location:
    Melbourne
    Looks definitely like a gentrification change could be on the horizon for sure
     
    Spiralkut, 12th May, 2020
    #4
    datto likes this.
  5. marty998

    marty998 Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    627
    Location:
    Sydney
    So the Westfields in that picture is going to merge with the Rooty Hill RSL into one gigantic concrete blob that can be seen from the Moon?

    How many poker machines could you fit in a building that size?
     
    marty998, 12th May, 2020
    #5
    Biggbird, Scott No Mates, ff3 and 1 other person like this.
  6. datto

    datto Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    6,675
    Location:
    Mt Druuiitt

    They need the extra room for social distancing. Pokies will be 4 metres from one another.

    But seriously, 1.5 billion dollars is a lot of moolah for any area. This could be a game changer.
     
    datto, 12th May, 2020
    #6
    Pingu1988 and Someguy like this.
  7. Spiralkut

    Spiralkut Well-Known Member

    Joined:
    12th May, 2020
    Posts:
    142
    Location:
    Melbourne
    Its been approved but have they released a timeline on when it starts and when it's expected to be finished?
     
    Spiralkut, 12th May, 2020
    #7
  8. datto

    datto Well-Known Member

    Joined:
    23rd Jun, 2015
    Posts:
    6,675
    Location:
    Mt Druuiitt
    No. I can't find any timeline. I imagine it will take years. There's some serious building works to be done.
     
    datto, 12th May, 2020
    #8
  9. Spiralkut

    Spiralkut Well-Known Member

    Joined:
    12th May, 2020
    Posts:
    142
    Location:
    Melbourne
    Yep and that's the problem in terms of investing there.
     
    Spiralkut, 12th May, 2020
    #9
    datto likes this.
  10. wilso8948

    wilso8948 Well-Known Member

    Joined:
    23rd Jan, 2018
    Posts:
    570
    Location:
    NSW/QLD
    Can't wait for those $250k houses to come back so I can snap some up..
     
    wilso8948, 13th May, 2020
    #10
    Whitecat and Butterfly88 like this.
  11. Gockie

    Gockie Life is good ☺️ Premium Member

    Joined:
    18th Jun, 2015
    Posts:
    14,801
    Location:
    Sydney
    Waiting, waiting... where's @sash when you need him?
     
    Gockie, 13th May, 2020
    #11
    Shogun likes this.
  12. skater

    skater Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    10,284
    Location:
    Sydney? Gold Coast?
    More information here: LEPs Online- Proposal Details

    Sounds like 4000 new dwellings in Mt Druitt, and rezonings. More stuff being done to Blacktown than Mt Druitt, or that was the way I read it.

    If they are going to put another 4000 dwellings into the area then I hope they do something about the traffic back up on Carlisle Ave, and double the railway bridge at Rooty Hill.
     
    skater, 13th May, 2020
    #12
    Property Twins and datto like this.
  13. skater

    skater Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    10,284
    Location:
    Sydney? Gold Coast?
    That's not going to happen.
     
    skater, 13th May, 2020
    #13
    Property Twins and datto like this.
  14. wilso8948

    wilso8948 Well-Known Member

    Joined:
    23rd Jan, 2018
    Posts:
    570
    Location:
    NSW/QLD
    Yes it will. My crystal ball says so. Hasn't failed me yet..
     
    wilso8948, 13th May, 2020
    #14
  15. Property Twins

    Property Twins Mortgage Brokers & Buyers Agents Business Member

    Joined:
    31st May, 2016
    Posts:
    2,738
    Location:
    Australia
    Will this override the 2015 LEP? There were some zonings which they had reverted to R2 back then, so wonder if they are reviewing the zonings all over again?
     
    Property Twins, 13th May, 2020
    #15
  16. MTR

    MTR Well-Known Member

    Joined:
    19th Jun, 2015
    Posts:
    27,859
    Location:
    My World

    Where’s sash ? This will make his day:p
     
    MTR, 13th May, 2020
    #16
    datto likes this.
  17. Redwing

    Redwing Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    7,491
    Location:
    WA
    Thumbs up from the residents

    upload_2020-5-13_7-49-7.png
     
    Redwing, 13th May, 2020
    #17
    Ted Varrick, The Grinch, Soul and 6 others like this.
  18. Shogun

    Shogun Well-Known Member

    Joined:
    26th May, 2018
    Posts:
    2,894
    Location:
    Perth
    If Mount Druitt was in Melbourne. Which suburb would it be?
     
    Shogun, 13th May, 2020
    #18
  19. wilso8948

    wilso8948 Well-Known Member

    Joined:
    23rd Jan, 2018
    Posts:
    570
    Location:
    NSW/QLD
    Morwell
     
    wilso8948, 13th May, 2020
    #19
    Shogun likes this.
  20. # 1

    # 1 Well-Known Member

    Joined:
    6th May, 2019
    Posts:
    267
    Location:
    International
    Sash has been permanently banned. Messages me if you want the details
     
    # 1, 13th May, 2020
    #20
    datto likes this.
Page 1 of 4