Dahua buys third piece of land near Sydney's Campbelltown with plans for 800 homes

Chinese developer Dahua Group Australia (Dahua) has bought a 134 hectare land parcel in south western Sydney’s Menangle Park, previously owned by Campbelltown City Council, with plans for nearly 800 homes.

The site, adjacent to a 364 hectare site Dahua purchased from UrbanGrowth NSW last year, is the third bought by the Shanghai-based developer since last year. The deal amount was not revealed.

Dahua also acquired a third land parcel in Edmondson Park from UrbanGrowth NSW in November 2015. It recently started construction on its New Breeze community in Edmondson Park which comprises 1,280 allotments. The project launched in April and 241 allotments have already been sold.

Eric Li, general manager for Dahua Group Australia, said, “We are very excited about acquiring our third major land holding in Sydney’s South West. All three land parcels are located at the epicentre of the South West growth corridor and will benefit greatly from the state government’s multi-billion investment in infrastructure, jobs and community facilities in the area.”

The developer plans to build more than 4,380 homes over these three land parcels. Plans are afoot for a new town centre in at Menangle Park, a school, community facilities and open spaces. 

“The three masterplanned developments will help accelerate housing supply in one of Sydney’s rapidly expanding areas. A broad range of lot sizes and housing types will be provided to cater for a wide range of purchasers.

Mayor of Campbelltown Cr Paul Hawker said the sale was another step towards cementing Campbelltown City as the leading regional city of South West Sydney.

The Menangle Park masterplanned developments are nearly 60 kilometres from Sydney’s CBD and is close to the train station. 

Dahua is ranked among the top 50 developers in China, according to a media release.