With a clear focus on affordable living, renowned developer Poly Australia is bringing their holistic approach to this landmark project in an unprecedented location in Bankstown.
This up and coming suburb in Sydney's South West is on the cusp of expansion and the new type of residential product planned by Poly Australia will see the area becoming a hotspot for owner-occupiers, particularly first home buyers.
Within each home, the level of finishes and fittings belies the affordable first home buyer price point. All have been thoughtfully curated and colour matched to ensure an elegant harmony throughout.
For example, timber floorboards create a sense of warmth throughout living spaces and carpeting in bedrooms help transform them into tranquil havens (or you could select the optional upgrade to timber floorboards here as well). Elsewhere details like engineered stone benchtops and laminate joinery add to the level of sophistication on display.
With sustainability no longer an optional extra for residential design, Poly Australia is implanting a raft of measures at Bankstown including greywater recycling, central hot water system, solar panels, and air-conditioning with high energy efficiency ratio. The project is also BASIX rated for water efficiency.
This brand new collection of buildings – including what will likely be the tallest in the area with impressive views to match – will be particularly enhanced by the wider precinct of Bankstown’s burgeoning commercial hub.
The masterplanned community has been designed to create a genuine sense of neighbourhood, complete with communal gardens and a broad mix of amenities. This includes integrated retail, commercial and childcare spaces making up just a small part of nearly 6,600sqm of total amenity space.
A generous mix of apartments in various configurations from studios up to 3 bedrooms, Spring Square by Poly has a price point that few other developments can hope to match. Once the nearby Metro is up and running in 2024, these homes will arguably be one of the few opportunities in Sydney where you can purchase a brand new 2 bedroom at under $650k within an estimated 30-minute commute to the CBD – not to mention studios starting from an even more affordable $377k.
In a host of ways, convenience is built into the plan with public transport to the CBD and Parramatta accessed right in the heart of the precinct. But even simpler connectivity occurs when residents can live upstairs, work close by and enjoy the retail and entertainment options immediately downstairs where al fresco retail, landscaped communal gardens, a children’s playground, shaded seating areas, and BBQ facilities form just a fraction of the year-round amenities available.
It isn’t only residents of Spring Square who will benefit from the project’s thoughtful planning. The deliberate through-site link will provide better connectivity for all residents in north-west Bankstown, promoting a new thoroughfare to the main commercial precinct.
Poly Australia is no stranger to projects of this stature, having significant experience in multi-stage delivery of large-scale integrated retail, commercial and residential offerings. And with substantial urban renewal funding earmarked by the NSW state government, Spring Square by Poly will be perfectly poised to take advantage of the recently renewed investment plans.
This will be a tremendous boost to infrastructure across the entire stretch of line between Bankstown and the CBD. For example, a brand new WSU campus is set to arrive in 2022 – with an estimated enrolment of around 7,000, this will both energise the vibrancy of the area as well as provide a solid rental market for potential investors.
Historically, Bankstown already has a strong rental yield of 4.7% is far higher than the NSW average of around 2%. Combine this with the increasing demand of a growing population drawn by the Metro and urban renewal projects and you have all the factors for significant future capital growth.
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