First homebuyers keen on three western Sydney suburbs

1 Webley Rd Edmondson Park.

The quarantine market has led to an increase in first homebuyers searching for property online, with a 58 per cent increase in inquiries through in March, according to realestate.com.au.

REA Group chief economist Nerida Conisbee said it is a positive sign first homebuyers are still very active even though the pandemic will slow activity for them, investors and owner-occupiers alike.

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REA chief economist Nerida Conisbee.

“First homebuyer inquiry levels were up 58 per cent in March,” she said.

“Unlike investors, first homebuyers don’t like a fast-moving market and property is a game of confidence and we tend to see far less activity from first homebuyers when prices are increasing quickly,” she said.

“Over the last few months, there has been a lot more activity from first homebuyers as a result of the various state-based incentives and the 5 per cent deposit scheme … that is, until COVID-19 hit.”

Three of realestate.com.au’s most popular suburbs for property search in and around the Liverpool area during March – Edmondson Park, Leppington and Denham Court, are well suited to first homebuyers.

All three suburbs have new listings, many near-new builds, at price points under $700,000.

Lot 403 Radiant Street Leppington is currently priced at $624,900.

Tidy entry-level buy in Leppington.

A four-bedroom package homein Leppington’s Orange Grove Estate, Lot 403 Radiant Street Leppington,(above) is currently priced at $624,900 and includes all site costs as well as an upgraded interior package.

In Denham Court, a two-year-old four-bedroom Meridian Home (below) on 252 sqm at 36 Brooklime Crescent, Denham Court is listed for sale at $669,000.

36 Brooklime Cr Denham Court – for sale at $669,000.

Neat backyard at Denham Court.

In Edmondson Park, the three-bedroom home on a 301 sqm corner block at 1 Webley Road, Edmondson Park (below) is on the market for between $650,000 – $680,000.

The home features a modern kitchen with gas cooktop, tidy backyard and porcelain tiles in the living areas and bedrooms.

1 Webley Rd Edmondson Park.

1 Webley Rd Edmondson Park.

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