‘Generational’: Why Western Sydney airport could see St Marys boom

Western Sydney’s property market is poised for a new chapter, with the opening of Western Sydney International (Nancy-Bird Walton) Airport on October 25 bringing one of the countrys largest infrastructure projects from promise to reality. The opening of passenger flights this month will mark a defining moment for Western Sydney, set to accelerate the transformation of St Marys into one of the region’s most important residential, employment and transport hubs, according to real estate group Raine & Horne. Raine & Horne says the suburb is strategically positioned to benefit from billions of dollars of airport, road, rail and Aerotropolis investment. MORE: What your home will be worth in 2031: all suburbs list The median house price in St Marys has nearly doubled in a decade, rising from $590,000 in 2015 to about $1.11m, while apartments and townhouses have also recorded substantial growth over the same period, according to data from the agency. The 24-hour airport will begin passenger services with Jetstar flights on October 25, followed by Air New Zealand’s first Auckland services commencing the following day and Singapore Airlines services from November. Western Sydney Airp...