11/09/2023
$3.7 million super-sized apartment sale sets record for the Hills District in Sydney’s north west

Publisher: PropertyHub.News
Written by: Ken Stanley

Infinity Park, in the heart of Sydney’s rapidly expanding Norwest in the Hills District known as the garden shire, has sold a super-sized four-bedroom sub-penthouse on level 22, selling for $3.7 million striking a new apartment record for the area, eclipsing the previous highest price paid believed to be $3.4m.

Infinity Park is the most premium residential community in Norwest, being delivered by property developer, Haitchin Group. It boasts an array of spectacular resort-style amenities for residents to enjoy including a glamourous lagoon-style pool surrounded by lush tropical landscaping.

The sub-penthouse occupies a sprawling 323 square metres which includes a 199 square metre of internal space and 124 square metres of balcony space offering a seamless indoor-outdoor lifestyle and includes four-bedrooms, three bathrooms and three car spaces fitted out with Miele appliances.

Interestingly, this dwarfs the average house size in NSW measured at 239.4 square metres in 2021-22 according to latest data by the Australian Bureau of Statistics. Average Floor Area of New Residential Dwellings | Australian Bureau of Statistics (abs.gov.au)

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PRD Norwest Director David Inkster said the sale reflected the strong demand for premium, generous-sized apartments as well as the distinct lack of supply for luxury apartments in the area.

“A degree of fear of missing out or FOMO is setting in in the Norwest as local downsizers, looking for lifestyle and sophisticated amenities are eager to secure their next home, as there’s only a small amount of supply coming online in future years,” he says.

Immaculately designed by award-winning architects Turner Studio, the four-bedroom apartment is north facing with east and westerly aspects and captures spectacular 270 degree view lines.

A recent market report for July prepared by My Housing Market Chief Economist and property commentator, Dr Andrew Wilson found Norwest was the best performing market in Sydney’s Hills District and one of the best performing markets in the city, seeing a 9.5% uplift in property prices since the start of the year.

“The Sydney housing market has maintained its strong revival through the first half of 2023 with the north west reporting the strongest regional price growth over the past year,” Dr Andrew Wilson said.

“With Sydney home values still just below the peak results recorded over March last year, buyers will continue to take advantage of the value opportunities that remain in the local market – particularly in high demand areas to the north west of the city.”

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Overlooking the picturesque Castle Hill Country Club, Infinity Park will comprise 287 apartments across three residential buildings. The project consists of a 25-storey tower, Marque, along with two five-storey low rise buildings, marketed as Alpha and Omega, comprising the most premium two and three bedroom apartments in the precinct.

A seven-storey commercial tower, Infinity Commercial, is situated opposite the residential buildings and comprises 95 strata commercial suites including a 193sqm signature rooftop fine-dining restaurant by acclaimed hatted chef, Joshua Mason.

“Infinity Park is certainly one of the most premium mixed-use communities in Norwest. The project has received strong interest already with local downsizers who want to stay in the area,” he said.

Situated on the most elevated point of Norwest, Infinity Park will offer The Hills District’s finest elevated panoramic views and featuring extensive lush tropical landscaping, it will be Norwest’s greenest residential community, centred by a resort-inspired, tropical lagoon-style swimming pool – the largest in Norwest.

Haitchin Group’s General Manager, Robert Tasevski, said one of Infinity Park’s greatest selling points is the enviable lifestyle it will offer, positioned within walking distance to the picturesque Castle Hill Country Club, with meticulously designed, generously-sized apartments and balconies, designed with downsizers in mind and those looking for more space than the average apartment in Sydney.

“The larger style two and three bedroom apartments will cater to local downsizers looking for a stunning new home, close to all amenities including the Castle Hill Country Club as well as the Norwest Metro station, Norwest Shopping Centre and local schools.”

The residential component of Infinity Park is due for completion in mid-2025 with the commercial building completing earlier in April 2024.

For enquiries or to register interest at Infinity Park, please visit www.infinitypark.com.au or call PRD Norwest on 0455 120 777.