Sydney Metro boosts apartment premium by up to 20pc
Nila SweeneyReporter
Apartments along Sydney Metro stations completed in coming years are predicted to outperform similar properties in neighbouring suburbs and attract significant premiums as the reduced travel time spurs on heightened demand, CBRE says.
“We expect to see some exponential growth in values once the network of four Metro lines are opened and those areas densified,” said CBRE’s Pacific head of research, Sameer Chopra.
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Nila Sweeney writes on property from our Sydney newsroom. Email Nila at nila.sweeney@afr.com.au
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