Thursday, 14 September 2017

Downsizers seek smaller blocks in Pemulwuy

 The western suburb of Pemulwuy is attracting downsizers and young families as prices jump higher. As per WeeklyTimes report, CoreLogic data shows prices there have jumped 40 per cent in the past three years and more than 60 per cent in five years.

Pemulwuy is named after the Aboriginal man famous for his resistance to European settlement. Real Estate agents comment that it is attracting a younger community who are too busy to cut the grass. A lot of people are downsizing from the larger blocks in places like Greystanes. A 440 sqm block was described as “massive” in one of the recent Real Estate Sales advertisement, since many of the blocks in Pemulwuy are 300 sqm.

Pemulwuy is a suburb located in the Holroyd City Council local government area of Central Western Sydney, New South Wales. Pemulwuy has a population of 3009 residents, with an average income of $1095. The median price for houses is $956,321 and the median price for units is $580,762.

Suburb Statistics for Pemulwuy
Suburb Statistics for Pemulwuy



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