Mirvac breaks ground at 80-hectare Cobbitty community, Cobbitty by Mirvac
Mirvac has turned the first sod at its newest masterplanned community in New South Wales, located adjacent to the historic township of Cobbitty in Camden.
The $648 million project, Cobbitty by Mirvac, will deliver a new all-electric community of 900 homes while also creating more than 4,000 local jobs during construction.
The new community, officially opened by New South Wales Minister for Planning and Minister for Homes Anthony Roberts, is proposed to feature a playing field and village green, town centre, a lake and a range of parks and landscaped open spaces.
Nature will also take centre stage in the development with existing wetland corridors to be restored as a safe haven for native flora and fauna, in addition to extensive networks of walking trails and cycleways which are planned to promote connectivity and connection to nature throughout the neighbourhood.
Render of the entrance to Cobbitty by Mirvac. Image supplied.
Mirvac’s Head of Residential, Stuart Penklis, said Camden is one of the most popular growth areas of Sydney but supply is limited.
“With Camden recently named as having one of the most significant housing supply shortages in NSW1, coupled with its population projected to almost double by 20412, the new community is set to provide a much-needed boost to housing options in the area.”
“To be able to get these first homes to market is great news, especially for first home buyers and young families wanting a new chapter in a high-quality new community,” Penklis said.
Stage 1 of the project comprises 120 lots, with the first release of 20 Torrens Title sites ranging in size from 270 sqm through to 525 sqm, set to be available from February. Future releases will include lots over 1000 sqm.
All residents will have access to electric living, giving them the ability to charge vehicles or use lower energy appliances like induction cooktops, and offset their electricity costs with solar power, providing significant potential savings.
Mirvac’s General Manager, Residential Development NSW, Toby Long said Mirvac is also planning the development to respond to the existing Cobbitty village and has carefully considered the heritage of the area in designing the new community.
“Our vision for Cobbitty is to build a legacy project for south west Sydney where residents can enjoy the lifestyle of an idyllic and connected rural setting, that has the infrastructure to support contemporary living,” said Long.
Embedded in the South West Growth Area, Cobbitty is expected to continue to attract substantial public and private investment for decades due to its proximity to the Western Sydney Aerotropolis, home of Sydney’s much anticipated second airport.
Render of Cobbitty by Mirvac. Image supplied.
“Cobbitty stands to benefit from the multi-billion dollar infrastructure investment already underway in the region including the new airport and significant transport upgrades,” Long added.
Attending the recent sod-turning event, New South Wales Minister for Planning and Minister for Homes, Anthony Roberts, said the NSW Government is investing in several funding initiatives to help Camden Council deliver major infrastructure projects.
“As one of the fast-growing areas, Camden and surrounding suburbs will benefit from over $140 million worth of funding. This investment is set to deliver several road upgrades, enhanced public spaces and created new town precincts, making South Western Sydney a great place to live and work,” Roberts said.
Penklis said Mirvac’s track record of quality development over five decades has never been more important as buyers grapple with a range of challenges from interest rate movements to rising costs.
“Our customers want to buy into a community with a trusted and reliable name. The integration of best in field experts involved in every step of the process, from conception to completion to after sales customer care, is a clear competitive advantage for Mirvac. For the customer, this guarantees absolute confidence that the mark of Mirvac quality is embedded in every little detail on each and every project,” he said.
Other major infrastructure earmarked for the region includes the second stage of the Campbelltown Hospital redevelopment, the M12 motorway, and the new North-South rail line between St Marys and Macarthur which will ultimately link Cobbitty locals seamlessly with the Western Sydney Aerotropolis and Sydney CBD.
Prospective purchasers can register their interest at cobbitty.mirvac.com.
