New rail link – will values go up?

Property values may go up in October when the EPPING –CHATSWOOD line opens for direct rail travel from Normanhurst through to the city via Epping and North Ryde. Come mid October and all commuters between these suburbs will be able to travel direct to the city without changing trains with a saving of around 10 minutes to Wynyard.

This could improve property values for any property which is strictly a ‘walk station’.
In experiencing a sale in Marsfield earlier this year, we saw the sale of our Vendors investment soar $100 000 as a result of the new rail link. We had advised this Vendor a year earlier to hang on and not offer the property until the rail link was complete. He was so grateful for this good advice.