Looking for land for sale in Riverstone? The suburb of Riverstone is located in the Blacktown Local Government Area, in the North West Priority Growth Area of Sydney. Riverstone has a population of 7247 people (as recorded in 2016). The current median property price for houses for sale in Riverstone (since October 2017) is $780,000, with a median rent paid per rental property of $495 per week. Recent land sales results in the area have identified small residential land parcels from 300m2 and upwards, have been selling for $420,000, which is equivalent to $1400/m2. Larger land holdings with existing improvements are coming onto the market and represent great redevelopment opportunities for duplex sites, dual occupancy proposals or in some cases townhouses or villas can be built subject to existing planning controls. There is a significant amount of land being developed in the Riverstone area for buyers who are looking to move into this growing community. Current and future residents will enjoy a variety of housing options including a diverse offering of low, medium and high-density opportunities all within close proximity to Riverstone rail station and the new Sydney Metro North West rail link. Additional benefits for those looking to buy land in the Riverstone, and Riverstone East precincts include:
- a range of housing types
- three new primary schools and a new K-12 school
- New parks, schools, and community services
- Close proximity to the new Sydney Metro – North West rail Link
- Major road upgrades, including Schofields Road
- Improved connections to encourage walking and cycling
Riverstone West will be an employment hub for the North West Growth Area, helping to create 12,000 jobs for local people. Once fully developed it will provide:
- a 16 hectare business park adjacent to Riverstone rail station and town centre
- a mix of land for light industrial and industrial uses
- an intermodal facility
- potential for a sustainable energy plant
- a new sub-arterial road and heavy vehicle route connecting Bandon Road in the north and Garfield Road in the south
Real estate and market demand for land in Riverstone suggests there is currently a high volume of people searching online every month for available real estate and land. So, if you own real estate, including a house, land or a potential land development site in Riverstone, Riverstone East or Riverstone West, or, if you are looking to find suitable land for sale in the Riverstone area, then contact the team at Urban Greenfield today; we would be delighted to assist you with your sale or new land purchase.