Region. Housing market activity

The housing market in south-west Sydney has seen significant activity following a prolonged period of relatively no sales activity in new housing estate, said Curtis Field, national director, of site development, at Colliers International. “We expect the volume of activity for development sites to increase over 2009, ” he said. Mr Field and Fab Dalfonso, executive of industrial, in the Liverpool office, negotiated the sale of a 75-hectare parcel of land, at 1075 Camden Valley Way, for $11 million. “There has been interest from developers who have traditionally only dealt in the more pricey north-west markets, an indication that experienced developers are keen to get into affordable projects,” Mr Field said.