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top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
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Property development steady in Sydney: Becton

By Staff Reporter
22 January 2010 | 1 minute read

Residential development and construction businesses are continuing to turn a steady level of sales and settlements, according to developer Becton.

In the Sydney suburb of Kensington, 88 apartments are under contract or have been reserved by the developer.

In some cases construction has commenced with an expected completion date of June 2010.

Becton’s urban renewal partnership in NSW has achieved 31 exchanged contracts and a further eleven reservations (out of a total of 56 dwellings for private buyers) to 31 December 2009 in Bonnyrigg, in Sydney’s west.

Becton’s latest project called Divercity, a residential development in Waterloo, was released to the public in December 2009. The first development stage comprises 75 apartments, 33 of which are yet to be sold.

Property development steady in Sydney: Becton
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Do you have an industry update?

top suburbs

12 month growth
Box Hill
127.02%
Mollymook
82.85%
Brightwaters
79.93%
Cleve
78.13%
Bawley Point
76.2%
Murrays Beach
75.57%
Terranora
70%
Crescent Head
69.38%
Park Ridge South
68.32%
Mollymook Beach
67.09%
SEE AREA REPORTS ON SMART PROPERTY INVESTMENT WEBSITE
Subscribe to Newsletter

Ensure you never miss an issue of the Real Estate Business Bulletin.
Enter your email to receive the latest real estate advice and tools to help you sell.