New suburbs to alleviate housing shortage in Sydney’s West
Thursday the 23rd of July, 2009 6 Comments »
Posted by Iden Money .
NSW State Minister Kristina Kenneally yesterday revealed the government’s plan to create new suburbs in Western Sydney area. The state government is planning to re-zone 3300 ha of farms and rural lands in The Hills, Blacktown, Liverpool and Camden. The subdivided land is said to be sold for $200,000 apiece.
As one of the preferred lenders in the Western Sydney area and based in Parramatta, Iden Money welcomes the move and is looking forward to servicing more borrowers to fulfil their home loan requirements.
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