The Rocks, Haymarket lead top performing Sydney areas: Raine & Horne

The Rocks, Haymarket lead top performing Sydney areas: Raine & Horne
The Rocks, Haymarket lead top performing Sydney areas: Raine & Horne

The Sydney CBD, Haymarket and The Rocks top Raine & Horne's latest Commercial Insights report with outer suburbs Blacktown, Menai and Condell Park noting a mention for development spend in the year ending March.

Raine & Horne executive chairman Angus Raine said a big factor driving some commercial property markets is infrastructure investment, with billions of dollars committed to developments such as Barangaroo in the Sydney CBD, while the prospect of a light rail service for busy Cleveland Street is another major plus.

"In greater Sydney, the Badgerys Creek airport project is translating into increased commercial interest from St Marys down to Camden, while the North West Rail Link and the North Connex," he said.

"West Connex road projects are also spurring commercial activity."

 

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The Rocks, Haymarket lead top performing Sydney areas: Raine & Horne

Michael Crawford

Michael Crawford

Michael is the real estate reporter for western Sydney and loves writing about homes and the people who live in them. A former production editor and news journalist, he enjoys writing about real-world property purchases as well as aspirational buys and builds. Following a recent move from Sydney’s northern beaches, Michael now actually enjoys commuting.

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Commercial Investment Haymarket

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