Parklea-Kellyville ridge ranks 13th on Housing Industry Association Population and Residential Building list
- by: TIM McINTYRE, REAL ESTATE WRITER
- From: The Daily Telegraph
- June 22, 2013 12:11PM
Zanna Kotronakis with her children Adriane, 6, and Julian, 8, at their home in Kellyville. Picture: Fotiadis John Source: The Daily Telegraph
A MASSIVE influx of families is driving a population boom in Sydney’s north-west, with the Parklea-Kellyville Ridge area rating 13th on a national housing and construction growth survey.
The area’s population grew by 10.2 per cent in the last financial year, putting it on the Housing Industry Association (HIA) Population and Residential Building Hotspots list.
The Homebush Bay-Silverwater region, with a nine per cent population growth, rated 18th. It was the only other NSW area to make the list, which was dominated by Victoria and Western Australia and covers areas with more than $100 million in residential building work approved.
“The Parklea-Kellyville Ridge area has been a fast-growing home building area for some time now within an overall under-performing Sydney market,” said HIA economist Harley Dale.
“Some 89 per cent of households in that area are made up of families.”
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Elise Lau of McGrath Castle Hill said traffic for open homes in the region had doubled in the past six months.
Major arteries in all directions means it is well placed for road transport, while the planned North West Rail Link will add to transport infrastructure.
Zanna Kotronakis, who has lived in Kellyville for 13 years, said the rush of people to the area had been sudden with houses popping up everywhere.
“The road between Windsor and Parklea used to be rural, but in the last few months, all these houses have sprung up,” Mrs Kotronakis said.
In contrast, the nine per cent population growth in Homebush Bay-Silverwater reflected interest from professionals, downsizers and investors.