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Austral listing a chance to build your own western Sydney estate

en individual blocks of land on 18 hectares currently used for farming have been listed for sale in one line, with the rumoured price expectations a jaw-dropping amount.

Michael Crawford The Daily Telegraph

Current owners are pooling together to sell the huge block of land in one go.Source:Supplied

A block of ten individual properties on 18 hectares featuring six freestanding homes, market gardens and prime agricultural land has been listed for sale together in the western Sydney suburb of Austral.

The current owners of 310 Thirteenth Ave in Austral and 305-355 Twelfth Ave are six families who are selling the block of land with rumoured price expectations of around $65,000,000 to $70,000,000.

Buy your own development block.Source:Supplied

Eighteen he…

Home buyer slump puts pressure on Stockland Australia’s extended lockdown and sudden halt to migration are undermining diversified developer Stockland's strong start to the year and threatening earnings from its land estates and retail portfolio. Stockland, the country’s largest house and land developer, is a bellwether for home buyer sentiment but its strong pre-virus home buyer-driven recovery has come unstuck in the pandemic, with its retail portfolio also hard hit by the COVID-19 outbreak. A Stockland housing estate being built in Melbourne. Credit:Erin Jonasson

“Settlements are running in line with pre-COVID levels, it’s been sales where we’ve seen the real slowdown with the restrictions on people’s movements,” chief executive Mark Steinert said.

Prior to the virus outbreak, Stockland had experienced a promising…