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Overview
This exceptional development opportunity at 167 Riverstone Road presents an outstanding prospect within Sydney’s prominent North West growth corridor. The 10-acre site benefits from DA approval, allowing for subdivision into 64 residential lots ranging between 285 to 504 square metres. With an additional allocation of 8 lots approved for dual occupancy, the project is well-positioned to capitalize on strong local housing demand.
The land is zoned R2 Low-Density Residential, aligning with the vision for sustainable and community-focused development. Its strategic location offers unrivalled convenience for future residents, with numerous educational institutions nearby including Riverstone High School within walking distance, as well as Riverstone and Schofields Public Schools just minutes’ drive away. Accessibility to transportation hubs such as Riverstone Train Station and Tallawong Station further enhances the site’s appeal.
Investors and developers will appreciate the potential for strong returns in this high-demand area, supported by limited residential supply and proximity to thriving retail and town centers including Schofields Town Centre, Carmel Village Shopping Centre, and Rouse Hill Town Centre.
Overall, this property is a rare, ready-to-progress development site offering versatility through multiple residential lot configurations and dual occupancy allowances. It is tailored for investors aiming to engage with a rapidly expanding suburb while meeting diverse market needs.
Local Market Insights
In Riverstone, Quiet Listings observed 65 new parcels of land entering the market over the last 30 days, up from 24 during the previous 30-day period, with an average advertised asking price of $1,596,995. The property type mix of listed properties is predominantly Houses at 63%, followed by land (28%), and townhouses (4%). The most active agency for land in the Riverstone area is currently Urban Real Estate, representing 38% of new listings, followed by Ray White with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Riverstone NSW 2765
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