NSW Northwest Metro Capital Growth Zones (1.5km radius)

Discussion in 'Where to Buy' started by wombat777, 8th Jun, 2019.

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  1. wombat777

    wombat777 Well-Known Member Premium Member

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    I've used a circle-radius tool to identify zones to focus on along the Northwest Metro.

    https://jopf.re/osmaps-radius/

    Approach is a 1.5km radius which is nominally a 15-20 minute walk ( or 15 minutes for a brisk walk and a relatively direct route ).

    Key thing is that the Metro is a turn-up and go service which will eventually settle to a 4-minute frequency in peak times. In off-peak times the trains are nominally every 10 minutes.

    People do pay a premium for commuting convenience and nothing beats a short walk to a train station which allows the car to be left at home.

    Train stations attract commercial development, nearby shopping precincts, schools.

    Apartments will also grow in supply near the train stations but that will reduce the land and availability of detached houses and townhouses within walking distance to the stations ... so focus on detached housing and townhouses as supply will be more limited than apartments.

    Some areas in these zones also have large parks, reserves or other public infrastructure that puts a cap on the availability of detached housing and townhouses in walking distance of the stations.

    The line currently has 6-car trains and can be expanded to 8-car trains as population increases. The design capacity for the line is a train every 2 minutes but I don't envisage them doing this for some time.

    Sydney Northwest Metro overview:

    Screen Shot 2019-06-08 at 12.46.07 pm.png
     
    Last edited: 8th Jun, 2019
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  2. wombat777

    wombat777 Well-Known Member Premium Member

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    Rouse Hill and Tallawong 1.5km catchment cover parts of Rouse Hill, Beaumont Hills, The Ponds and Kellyville Ridge.

    There is currently new land supply near Tallawong Station providing an opportunity to access new detached housing in close proximity to the Metro Station and the shopping precinct and school to be established near the station.

    Infill development/sub-division may provide scope for additional detached housing.

    Large parts of land in Rouse Hill near the Metro Station will be occupied by the expanded town centre and the new hospital. There are large areas of parks and reserves and the crematorium that prevent large quantities of new detached housing.

    There is not commuter carpark at Rouse Hill Station.

    There is a large open commuter carpark at Tallawong Station.

    There is a hot-spot at the intersection of the two circles that provides convenient walking-distance access to both Tallawong and Rouse Hill Stations as well as the site of Rouse Hill Hospital located at the intersection of Schofields and Windsor Roads. Some housing lots will be available in this area but there are large areas earmarked for apartments.

    Screen Shot 2019-06-08 at 1.03.46 pm.png
     
    Last edited: 8th Jun, 2019
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  3. wombat777

    wombat777 Well-Known Member Premium Member

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    Kellyville Station 1.5km catchment cover parts of Kellyville, Kellyville Ridge, Stanhope Gardens, Beaumont Hills and Parklea.

    There is no new land supply in this zone. Infill development/sub-division may provide scope for additional detached housing. Parklea Markets may be rezoned in the future.

    A part of Kellyville bounded by Windsor and Old Windsor Road has been rezoned for medium to high density and there will be apartments built near the station.

    Kellyville Station also has a new multi-level commuter carpark.

    There is a hot-spot at the intersection of the two circles that provides convenient walking-distance access to both Kellyville and Rouse Hill Stations. Vacant land in this zone to the east of Windsor Road is low-lying, flood-prone and is currently a reserve. This is unlikely to be used for residential purposes.

    Screen Shot 2019-06-08 at 1.14.50 pm.png
     
    Last edited: 8th Jun, 2019
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  4. wombat777

    wombat777 Well-Known Member Premium Member

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    Bella Vista Station 1.5km catchment cover parts of Bella Vista, Glenwood and Norwest.

    There is limited new land supply in this zone. Much of the area has existing detached housing with large areas of commercial/semi-industrial along Lexington Drive. Infill development/sub-division may provide scope for additional detached housing.

    A new pedestrian overpass over Old Windsor Road provides convenient pedestrian access to Glenwood.

    Bella Vista Station also has a new multi-level commuter carpark.

    There is are hot-spot at the intersection of the 1.5km catchments for Kellyville and Norwest Stations.

    Screen Shot 2019-06-08 at 1.25.21 pm.png
     
    Last edited: 8th Jun, 2019
  5. wombat777

    wombat777 Well-Known Member Premium Member

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    Norwest Station 1.5km catchment cover parts of Norwest, Bella Vista and the Castle Hill Trading Zone.

    There is limited new land supply in this zone. Much of the area has existing detached housing with very large areas of commercial/semi-industrial in Norwest, Bella Vista and the Castle Hill Trading Zones. A Golf Course also takes up a large part of the area. Infill development/sub-division may provide scope for additional detached housing.

    The is no commuter parking at Norwest Station.

    There are hot-spots at the intersection of the 1.5km catchments for Norwest, Bella Vista and Showground Stations.

    Screen Shot 2019-06-08 at 1.32.59 pm.png
     
    Last edited: 8th Jun, 2019
  6. wombat777

    wombat777 Well-Known Member Premium Member

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    Showground Station 1.5km catchment cover parts of Castle Hill, Baulkham Hills, Kellyville and the Castle Hill Trading zone.

    There is no new land supply in this zone.

    Detached housing in this catchment is more limited than in other zones due to the large Castle Hill Trading Zone and the large Fred Caterson Reserve. Infill development/sub-division may provide scope for additional detached housing.

    Hills Showground Station also has a new multi-level commuter carpark.

    There are hot-spots at the intersection of the 1.5km catchments for Hills Showground, Norwest and Castle Hill Stations.

    Screen Shot 2019-06-08 at 1.38.58 pm.png
     
    Last edited: 8th Jun, 2019
  7. wombat777

    wombat777 Well-Known Member Premium Member

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    Castle Hill Station 1.5km catchment covers parts of Castle Hill, Cherrybrook and Baulkham Hills.

    There is no new land supply in this zone for detached housing ( other than infill development/sub-division ).

    There is no commuter parking at Castle Hill Station.

    There are hot-spots at the intersection of the 1.5km catchments for Castle Hill, Hills Showground and Cherrybrook Stations.


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    Last edited: 8th Jun, 2019
  8. wombat777

    wombat777 Well-Known Member Premium Member

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    Cherrybrook Station 1.5km catchment covers parts of Cherrybrook, West Pennant Hills and Castle Hill.

    There is no new land supply in this zone for detached housing ( other than infill development/sub-division ).

    Cherrybrook Station has a new multi-level commuter carpark.

    There is a hot-spot at the intersection of the 1.5km catchments for Cherrybrook and Castle Hill Stations.

    A significant factor for Cherrybrook Station is the very short commute using the Metro to the large employment zone at Macquarie Park.


    Screen Shot 2019-06-08 at 1.52.32 pm.png
     
  9. wombat777

    wombat777 Well-Known Member Premium Member

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    Epping Station 1.5km catchment covers parts of Epping, Carlingford, Eastwood and a small part of Cheltenham.

    There is no new land supply in this zone for detached housing ( other than infill development/sub-division ). Large areas near that stations are being developed for apartments.

    There is no commuter parking at Epping Station.

    A significant factor for Epping Station is the very short commute using the Metro to the large employment zone at Macquarie Park.

    Epping also provides an alternate rail route to the city via Strathfield or rail connection up to Hornsby.

    Screen Shot 2019-06-08 at 1.58.26 pm.png
     
  10. wombat777

    wombat777 Well-Known Member Premium Member

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    Macquarie University, Macquarie Park and North Ryde Stations cover parts of Macquarie Park, Marsfield and North Ryde.

    A small part of West Pymble is nominally within 1.5km distance but is not really practical for walking.

    There is no new land supply in this zone for detached housing ( other than infill development/sub-division ). Large areas near that stations are commercial or for apartments. Lane Cove National Park covers part of the area.

    There is no commuter parking at any of these stations.

    A significant factor for these stations is that the area covers a major employment zone.

    Screen Shot 2019-06-08 at 2.04.23 pm.png
     
  11. Scott No Mates

    Scott No Mates Well-Known Member

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    Unless Parklea Markets are rezoned.

    These areas have already benefitted when the Epping - Chatswood line was originally constructed. I don't see it getting a second wind.
     
  12. wombat777

    wombat777 Well-Known Member Premium Member

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    The 1.5km catchment for Chatswood Metro Station also intersects with the 1.5km catchments for Roseville and Artarmon Stations on the North Shore Line.

    There is no new land supply in this zone for detached housing ( other than infill development/sub-division ). Large areas near that stations are commercial.

    Lane Cove National Park covers part of the area.

    A significant factor for this station is that the area covers a major employment zone.

    Screen Shot 2019-06-08 at 2.18.20 pm.png
     
  13. wombat777

    wombat777 Well-Known Member Premium Member

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    I've edited to note potential for Parklea Markets to be rezoned.

    Once the Metro kicks into full operation that's a service very 4 minutes.

    As for areas getting a second wind ... perhaps wait and see. Areas of Ryde and surrounding suburbs took a big hit in the last 2 years. The areas near the railway stations represent good locations to buy and if the market bottoms or stabilises then it's the areas that are walking distance to the stations that have good potential for capital growth.
     
  14. Scott No Mates

    Scott No Mates Well-Known Member

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    IIRC, an area to the north west of the North Ryde RSL is to be rezoned medium density.
     
  15. wombat777

    wombat777 Well-Known Member Premium Member

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    Would be a good idea for a pedestrian overpass to be added over Epping Road near Pittwater Road.
     
  16. Lacrim

    Lacrim Well-Known Member

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    Is it quicker to the city from Cherrybrook using the Metro or from Beecroft train station?
     
  17. wombat777

    wombat777 Well-Known Member Premium Member

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    About the same:
    • 48 mins from Cherrybrook to Town Hall via Chatswood
    • 47 mins from Beecroft to Town Hall via Strathfield
    About 5-10 minutes will be cut from travel time from Cherrybrook once the Metro is extended under the harbour to Barangaroo and Martin Place. There will also be a Station in Pitt Street and at Central.

    The heavy rail through Wollstonecraft and Waverton sections and over Harbour Bridge is particularly slow.

    Route for Metro extension below.

    41CCE83D-8B22-4905-B090-BF3BA871922F.jpeg
     
  18. Gockie

    Gockie Problem solver Premium Member

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    Good question. Google maps or an app like tripview should give you an answer!
     
  19. Lacrim

    Lacrim Well-Known Member

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    I didn't know that was on the cards. You know if the Govt had any foresight, they would have been better off building a single network (underground) connecting the NW to the City, then to the East (instead of the light rail) etc. Would've cost more but def more seamless.
     
  20. Lacrim

    Lacrim Well-Known Member

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    I have been known to be lazy lol.

    I own a house that is in no man's land ie nice enough pocket (and house) but equidistant to Beecroft station and Cherrybrook Metro on foot....a good 20 min brisk walk :(.

    Should have bought 2km to the left - would have got the Metro AND catchment for Cherrybrook Tech.
     
    Last edited: 8th Jun, 2019