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Valuations stack up for buyers settling their new apartments at Rosella Place in Rouse Hill

Market Insights
3 years ago
3 minutes

As part of Stage 1, CDMA Australia has settled all 67 apartments in its master planned community, Rosella Place in Rouse Hill. The development is located in the heart of Sydney’s rapidly growing north-west with apartments delivered to an exceptional standard. 

Formally marketed as Villa De Ma, Rosella Place heralds the exciting next residential stages within the landmark, multi-staged master planned community. Jonathan Tan, CDMA Australia Sales and Marketing Manager, said that buyers were incredibly excited and beyond satisfied with their completed apartments. 

The modern and spacious design of the residences by local architect, WMK Architecture, as well as the quality finishes and workmanship by CDMAs’ in-house construction team were some of the features noted by buyers. 

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Jonathan said Rosella Place has now become a landmark project in Rouse Hill with the first stage selling particularly well. Only five apartments remaining and all 67 apartments already sold are now completed and settled. “This is a fantastic result and demonstrates that the product is meeting the expectations and needs as well as the price point of the market - offering spacious, well designed, modern apartments with low strata fees and within only 100m walk to the Tallawong Metro Station,” he explained. 

“It certainly ticks a lot of boxes for first-time buyers - many of whom are young local families with young children as well as local downsizers.”

Jonathan Tan, CDMA Australia

He continued, “the project team has worked meticulously to ensure buyers are entirely happy with their final apartment. The level of detail on finishes has been exemplary and valuations are stacking up.”

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Allen Yan, Ray White Norwest Principal, said he had successfully settled more than 160 apartments in the Rouse Hill area in the last 12 months alone - funded either by the major banks or private lenders. All came back 100% fully valued without exception. 

“Buyers should feel confident that pricing at Rosella Place is in line with the market.”

Allen Yan, Ray White Norwest

“They also have good reason to feel confident of the future capital growth in the area due to the significant amount of public infrastructure investment coming into the area in the coming years, as well as the rapid increase in home buyers to the area,” Allen continued. The north west of Sydney is one of the fastest growing regions in Australia with the population set to soar to 250,000 within the next ten years*.

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Rosella Place was named after the vibrantly coloured Australian bird native to the Rouse Hill area. The development offers a peaceful and safe community with 52 apartments set across five mid-rise buildings located within a short five minutes walk to the newly opened Tallawong Metro Station. 

Jonathan expressed that Rouse Hill has much more infrastructure planned across the next few years; “it’s a wonderful rural community, ideal for families, that is in the midst of dramatic growth and transformation - brought on largely by the opening of the North West Rail Link. This growth will include the $250m expansion of the Rouse Hill town Centre, a new Tallawong Town Centre, the opening of the new Rouse Hill Hospital and the Hills District’s first university all on the horizon.” 

“In five years’ time, Rouse Hill will be a major new city centre in Sydney’s north west and home to thousands more residents and also supported by significant local infrastructure and amenities.”

The next release of apartments at rosella Place is expected soon. Apartments at Rosella Place start from $500,000. Two bedrooms are priced starting from $655,000 and 3 bedroom apartments start at $755,000 - all apartments come with one car space as standard. 

* As reported by the Sydney Morning Herald in February 2019.