Proptech Carpool – More Trains, More Buyers: Why Invest in the Hills District? ft.

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Here’s the transcript of the video:

Peter from McGrath in Castle Hill,
Thanks for joining PropTech Carpool with Soho - Thanks for having me.
Let's say I'm looking to invest in Castle Hill.
- Yep. - What's the benefits of Castle Hill?
Why do so many people come to Castle Hill to invest? - I think Castle Hill, like the whole Hills District
right over, it's a good family area, a good cross-section of property available
right from a good entry point, being apartments
and townhouses, and ranging all the way through to premium
prestige luxury properties. Plenty of amenities like schools
and shops, typically good transport.
I think probably the highlight moving forward is the new train line which is about to open.
So that's going to attract a lot of interest.
So just touching on the train line, I guess
How's that going to affect the market? Have you
already seen the market move a little bit?
Or how you feeling about that?
Yeah, exactly. So I think we saw the market really kick
when the train line started off a number of years ago
now, in terms of its construction, it sort of came by surprise at the time that was
actually happening. That brought a lot of investors
and confidence to the market.
And then, I think as we come up to the completion of that train line which is
only a matter of a couple of weeks away
now, I think initially it's going to bring a lot of excitement
and probably novelty to the area, using that train line.
But over time, I think it's going to change the dynamic of the area, in terms of that
Transport opportunity that it gives people to get around Sydney
and get into the city.
So I think a lot of demand, a lot of interest
And probably a new sector of buyers who typically are used to having a train line that
Haven't had that available in the Hills District before
And now will. - Yeah, sure.