A major development site inLeppington has transacted off-market for $48 million, reinforcing ongoingdemand for serviced land across South West Sydney’s growth corridor.
The 7.64-hectare* landholding comprisingfour titles within the Stage 5 Leppington precinct was acquired by CrownlandDevelopments on behalf of a high-net-worth private investor. The siterepresents approximately 27% of the overall stage 5 precinct.
The transaction was brokered byAndrew Sukkar of ReVest Property Group, who noted the continued depth of demandfor development-ready sites amid tightening supply conditions.
“Opportunities of this scale,particularly sites that are zoned and serviced within established growthprecincts, are becoming increasingly scarce,” Sukkar said.
The sale comes as South WestSydney faces mounting pressure to deliver housing, with the region forecast toaccommodate an additional 363,000 residents by 2041 across the Camden,Liverpool, Wollondilly and Campbelltown LGAs.
Ongoing delays in criticalinfrastructure delivery—including sewer and water servicing—continue torestrict the release of development-ready land, intensifying competition forsites across key growth areas such as Leppington.
The transaction further reflectsconfidence in the region’s long-term fundamentals, underpinned by more than $25billion in committed infrastructure investment, including the Western SydneyInternational Airport, due to open in October 2026.
Andrew Sukkar
Partner, ReVest Property Group
andrew@revestpg.com.au
0432 082 628
