NSW Westmead Highline

I understand that units, especially high rise, aren’t performing well generally. What do you guys think about the new development called Highline right next to Westmead station?

Highline Westmead - 7 Maple Tree Road, Westmead, NSW 2145 | Domain

There is significant development planned for the health precinct as well as the planned light rail and metro in the coming decade.

guaranteed rental 4% for 2 years.

 

This is the bit that erases any doubt in my mind whether it's a good investment or not.
Avoid apartment developments that offer rental guarantees

 

67% renters in westmead approx.
Parramatta turned intona cbd and cbd apartments are not a wise choice for investment.

You have much beyyer growing markets both in Greater Sydney and inter state. Please search and take a wise call.

Regards

 

Thanks Onyx_OCAU and ashish1137. Good advice.

 

where would be a good investment apartment and may be livable? Is the market too high to buy now?

 

Buy in boutique westmead units say 2 floors with huge land value say bailey st etc.

IMO unit market is ideal in great locations to buy but please avoid apartments anything more than 2 floors.

 

Nothing wrong with Westmead, the manhattan effect that will come from a booming Parramatta and the new infrastructure spanning into westmead such as hospital extension and lightrail/metro will only further increase the demand.

There are plenty of 2-3 level boutique complex's, anymore than this such as high rises - no go.

 

Plenty of new boutique complex's?