Sydney_guy

Update 2/7/13: If you are looking into this area. Take note. There is a master plan by Marrickville council called "St Peters Triangle". It was approved and adopted approx 10 months ago. The first wave of gentrification/redevelopment applications by developers started this year. Low density residential development in Hutchinson St (opposite to Simpson Park) and a large mixed commercial and residential apartments in May St (old Sandler shoe factory). After living in Alexandria for 7 years and watched old factories turn into cafes, shops, apartments everywhere. I'm starting to witness a similar thing happening to St Peters..albeit a little slower.



St Peters, Sydney is definitely on the rise. There was very little action 2.5 years ago but it's starting to pick up momentum. The sleeping giant is not fully awake yet, but the area has all the hallmarks of similar neighboring suburb such as Alexandria (Mixed residential and light industrial) which has seen significant growth in last 7 years. In the past 12 months, I've seen a few new developments from Apartments to Modern Terraces starting to pop up. People who are priced out of Newtown, Erskineville, Alexandria, Waterloo and Marrickville may want to consider this area. Why you ask? Here is a short list of amenities - $170 Million Marrickville Metro Mall redevelopment, Sydney's Flagship and largest Ikea in Tempe, City of Sydney biggest park (Sydney Park), Bunning's largest flagship store in NSW (near Sydney park), Sydney's biggest eat street (King st Newtown/Enmore) full of affordable restaurants and cafes, Sure there are cons such as some aircraft noise, light industrial but that's what gentrification is all about. Get in now before prices takes off like Alexandria Erskineville and Newtown. Watch this space!