Demand for rural residential properties is expected to drive property sales in 2021 as more buyers seek a 'treechange' away from the inner city.
Urban Land Housing is bringing forward the launch of stage four in The Acres, Wollondilly following unprecedented demand for prestige land in its masterplanned community.
The Acres, located at 185 River Road, Tahmoor, offers 125 rural residential homesites spread across 110 hectares.
Urban Land Housing director Christopher Lowry said all acreage land in stages one to three comprising 67 lots were snapped up quickly.
"There is an extremely limited supply of approved rural residential land in south western Sydney which contributed to the early sales success," he said.
"The new environment, created by COVID as well as record low interest rates have been contributing factors to heightened interest in large lot residential living.
"These rare acreage homesites combined with affordability and location in the heart of burgeoning south western Sydney will continue to witness strong demand.
"Accessibility to a treechange lifestyle within 95 kilometres from Sydney's CBD and the ability to work from home with plenty of space supported by a rural outlook is very appealing to buyers.
Mr Lowry said upgraders from south west Sydney led sales in the first releases.
"They recognised the advantages associated with rural residential living, accessing existing community facilities and close proximity to the Southern Highlands and Wollongong's famous beaches," he said.
Stage four is made up of 21 rural residential homesites ranging from 4000 sqm to 1 hectare with prices starting at $750,000.
A two-hectare public park with play equipment, exercise station and multi-purpose games court will also be built in The Acres.
Civil construction and utility servicing works will commence later this year.
Details: theacres.com.au or 1300 487 226.