December 02, 2014
Emu Plains home loan specialist Rob Lees reviews this tranquil and family friendly suburb.
Just 55 minutes west of Sydney CBD is the flourishing and peaceful town of Emu Plains. Set at the foot of the Blue Mountains and nestled along the Nepean River, this lovely town has everything to offer for first home buyers or those looking to relocate or invest.
Emu Plains offers a great lifestyle
Emu Plains is one of the most desirable suburbs in western Sydney offering a wonderful lifestyle where everything is only a short walk or drive away. There are plenty of green parklands, playgrounds, local bike riding and walking tracks (particularly along the 8km Great River Walk), easy access the village shopping centre and a large Westfield’s shopping in Penrith CBD.
If you enjoy the finer things in life then you’ll be pleased to know that Lewer’s Gallery and Café are close by offering unique art exhibitions, workshops and exquisite locally-sourced food. Emu Plains is also home to Zokoko, an artisan chocolate making company and café offering all things divinely chocolate!
Emu Plains has everything you need
Nearby are all the facilities you will need including a local medical centre, the Nepean Hospital, the University of Western Sydney, Nepean TAFE, a local swimming pool and public and private schools. If you feel the need to escape to “go bush” then the beautiful Blue Mountains National Park is only five to 10 minutes drive up the Great Western Highway.
Affordable homes in Emu Plains
If you’re looking to buy an affordable home in a family-friendly and leafy suburb west of Sydney then Emu Plains is a great pick. Homes are quite affordable in comparison to the rest of Sydney with Emu plains having a median house price of $511,750*.
Homes in Emu Plains have increased in value
Homes in Emu Plains have increased substantially by 16.6 % in the last 12 months and a whopping 45.4 % in the last five years. Improved facilities and the suburb’s proximity to the river and the Blue Mountains have certainly helped spur growth in real estate. There are many happy home owners living and investing here!
Rental yields of 4.3%
Investors will be impressed to find the average rental yield is at 4.2% for houses and 5.1% for units. The average weekly rental return is $410 for houses and $380 for units.*
Take advantage of low interest rates
With interest rates at record low levels, now is the perfect opportunity to purchase property and Mortgage Choice Penrith and Blaxland are happy to help you every step of the way. Homes in Emu Plains are snapped up fairly quickly, within an average of 38 days on the market. If you need to organise your finance, it’s a great idea to contact us today.
Contact Rob Lees from Mortgage Choice
Find out more about buying property in Emu Plains by contacting Rob Lees, your local Penrith mortgage broker on 02 4739 9749 (Blaxland office) or 02 4721 1733 ( Penrith office).
You can also visit our office at either suite 3/13 Hope Street, Blaxland or shop 1A, 1-3 Castlereagh Street, Penrith or online at https://www.mortgagechoice.com.au/rob.lees
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*RP Data Suburb ScoreCard, Corporate Edition. Data Set Aug 2014 published August 2014.