Thirlmere is one of the quaint rural towns in the Wollondilly Shire which are becoming a popular destination for Sydney residents looking for more affordable housing and a relaxed lifestyle and is known for the Trainworks, the largest rail heritage collection in Australia and Thirlmere Lakes National Park, a popular destination for bushwalkers and nature enthusiasts.
The region has been earmarked by the State Government for population growth, with Wilton nominated as the site for a new town to accommodate 50,000 residents. In addition, the NSW State Government has allocated $100 million in the 2017-18 State Budget towards a new high school in Picton to support the future growth.
Picton hosts the Council Chambers and is considered the administrative centre with a modern shopping centre, numerous cafes and restaurants, popular botanic gardens and a number of historic buildings and other historical points of interest. Tahmoor, considered the commercial centre of the Shire, is currently enjoying a flush of commercial growth with three supermarkets and an expanding medical and dental centre.
There has been a steady uplift in house sales over the last five years, noticeably in Bargo, Picton, Tahmoor and Thirlmere. This in turn has produced double-digit growth in median house prices over the last 12 months, delivering strong long -term capital growth rates.
New land estates are emerging, creating fresh opportunities for home-owners and investors to buy real estate at prices that are affordable relative to other parts of the Sydney metropolitan area.
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