The booming north-west in Sydney has closed its first one-line sale of 15 houses in Castle Hill since the announcement of the new $8.3 billion Sydney Metro Northwest and the NSW government's growth plans for the corridor.
The properties on Cecil and Roger avenues totalling more than 14,000 square metres in land size were sold for an undisclosed price. But based on previous offers, houses in the area were expected to fetch up to $4 million each in one-line sales.
The 36-kilometre metro train line and the state's growth strategy have ignited development in the north-west as it undergoes rezoning for high density living to accommodate the increase in population. Castle Hill is one of the eight new metro stations on the line.
Details of the buyer at Cecil and Roger avenues were confidential, but sources have indicated it is a local developer.