Located in Sydney’s South West, Gledswood Hills will eventually comprise more than 1,550 contemporary dwellings and 375 apartments. Developed by Sekisui House Australia (SHA), the masterplanned community will be completed in 2026.
Between 2011-2016 prices for land lots averaged $311,000 and detached dwellings were $743,000. From 2017-2020, the median price for land lots increased progressively to $525,000, detached dwellings reached $850,000 and terraces were from $670,000. Land prices this year are anticipated to achieve an average of $700,000, with detached dwellings priced above $1 million.
Sales numbers have been very strong since inception with over 1,338 secured comprising 300 detached homes, 110 terraces and 928 land sales. Almost 40% of sales have come from customer and partner builder referrals.
A 2.5-kilometre purpose-built green corridor traverses the development from the north to south. There are over 40 hectares of landscaped parklands and reserves, 10 neighbourhood parks and playgrounds, over 50 kilometres of cycle and walk paths and Gledswood Hills Primary School. A nine-hole Greg Norman designed golf course also features in the project.
Development approval for The Yards is expected this year, comprising a diverse mix of residential, retail, commercial and community uses. The non-residential component will span 8,500 sqm, plus approximately 325 residential dwellings ranging from 1 bedroom to 3+ bedroom. Designed in collaboration with Turner Architects, The Yards will establish an urban village environment on one of the highest points within the estate with 360-degree views across to the lower Blue Mountains.
The site was historically a 27-hole golf course and entertainment theme park known as Camden Golf Course and El Caballo Blanco. Limited lead-in road and utility infrastructure were significant issues to be resolved 18 months prior to the occupation of dwellings. In addition, several areas required significant geotechnical and environmental remediation to facilitate residential use.