Due to accommodate an additional 44,000 new dwellings within the Hills District by 2036, Castle Hill, at the centre of this growth is set to become one of Sydney’s major new suburban CBDs – one of the largest in the North West. (Source: Inquiry into land and housing supply in NSW, The Hills Shire Council, September 2017).
Industry insiders are referring to it as ‘the next Chatswood’ with new investment in residential, retail, transport, cultural and lifestyle infrastructure as well as major population growth predicted.
Over the next 15 years, The Hills’ population will grow by another 100,000 people — taking its population well above 250,000. In Castle Hill, it is forecast to be 42,000 by 2036. (Source: Australian Bureau of Statistics).
Major new infrastructure underway
Locals are already reaping the benefits of many of Castle Hill’s new amenities and are excited for what can only be described as a significant growth era in the traditionally semi-rural north-west suburb.
Sydney Metro’s new Northwest Rail Link, opening on 8 May, will provide rapid transit with trains running every four minutes in peak hour and open up major links to the Sydney CBD. This Australian first, fully-automated, driverless system will link Sydney’s CBD to eight new train stations from Cherrybrook to Castle Hill.
The new station, located below Arthur Whitling Park, will provide further impetus for Castle Hill to evolve as a vibrant and active Centre comprising offices, retailing, community facilities, recreation, cultural, education and housing to serve the 500,000 people of the North West by 2036.
Norwest Business Park next door to Castle Hill will provide increased employment opportunities by taking full advantage of approximately 400 companies that employ a total of 20,000 to 25,000 people. NSW Transport estimates 16,500 jobs will be created in Castle Hill by 2026, signifying a growth of 9,500 jobs. (Source: North West Corridor Strategy, September 2013).
With a $1 billion redevelopment currently underway, Castle Towers Shopping Centre will soon become the Southern Hemisphere’s second largest shopping centre and forms part of Castle Hill’s CBD revitalisation.
Exceptional private and public schools nearby include the elite Gilroy Catholic College ensure Castle Hill is a highly sought-after suburb for families.
A new residential master-planned development, Skyview Castle Hill
In response to growing demand for high-quality homes with enviable lifestyle amenities,
Toplace Group will deliver a stunning $850 million master-planned residential development in the heart of Castle Hill, Skyview.
Skyview comprises 962 apartments positioned atop of Sydney’s highest apex capturing 180-degree views from the Blue Mountains to Sydney’s CBD.
Toplace’s Head of Project Marketing, Sam Kandil said Castle Hill set to become a major new centre in Sydney North West – the next ‘Chatswood’ in coming years, with an influx of major new infrastructure and investment.
“Seeing is believing, in my thirty years in the property industry, new infrastructure projects such as the $7.3 billion North West Rail link can develop an entire new suburban centre,” Mr Kandil said.
“Castle Hill is only at the beginning of this transformation making it an opportune time for new homeowners to capitalise on future growth.”
Skyview comprises five distinct buildings Phoenix, Hydra, Vela, Lyra, and Carina ranging in height from 19 to 23 storeys. Hydra is the tallest tower in the precinct and also one of tallest in the Hills District, making it a true landmark on the suburban landscape.
Nestled within a lush, landscaped parkland environment, apartments capture both urban and countryside views while creating a striking skyline silhouette.
More than 50 percent of Stage One is now sold with Toplace planning to launch Skyview’s second stage (the third residential tower) comprising 192 apartments mid-year, following the opening of the Sydney Metro Northwest Rail Link on 8 May.
Skyview’s is currently under construction and is due for completion in July 2021.
A mix of apartments are now selling a one-bedroom apartment priced range $607,500 to $660,000 for a two-bedroom apartment price range, $803,250 to $940,000 and for a three-bedroom apartment price range, $1,116,000 to $1,143,000.
For further information on Toplace Group, visit toplace.com.au.
