affordable living

First home buyers, investors and downsizers alike will find comfort knowing that you can find a brand-new luxury apartment in New South Wales&nbsp;at an affordable price point.

Urban takes a look at five new developments on the market under $440,000, approximately&nbsp;43&nbsp;per cent lower than <a href="https://www.urban.com.au/news/nsw/may-2021-how-did-the-sydney-apartment-market-perform-in-april" target="_blank">Sydney&#39;s median unit price of&nbsp;$771,859</a>, calculated by CoreLogic.

1. Georgette, Schofields 
Address: 23-27 Schofields Road, Schofields NSW 2768 
One-bedroom apartments from $440,000

[smartcode_project:default project_id=32227]

Georgette is the second stage of Positive Investment Enterprise&rsquo;s Kew Schofields project, integrating convenient living with natural beauty in one of Sydney&rsquo;s newest suburbs, Schofields.

Slated for completion later this year, Georgette boasts light-filled apartments in one and two-bedroom configurations.

Designed by PBD Architects, the residences feature ample storage, extended gardens and state-of-the-art energy and storage innovations thanks to a partnership with Tesla.&nbsp;

2. Mason &amp; Main 
Address:&nbsp;249-258 Merrylands Road, Merrylands NSW 2160 
One-bedroom apartments from $394,000

[smartcode_project:default project_id=31751 project_image_fid=160996]

Coronation Property&rsquo;s latest master-planned community, Mason &amp; Main, offers smart-designed apartments&nbsp;set above an exciting new gourmet dining and fresh food marketplace.

Designed by Woods Bagot on Merrylands Road, Mason &amp; Main features a green roof, communal amenities and public space on the ground floor with commercial premises.

One-bedroom apartments in the development, slated for completion in late 2022, start from $394,000.

3. Riva, Parramatta 
Address: 30 Charles Street, Parramatta NSW 2150 
One-bedroom apartments from $405,000

[smartcode_project:default project_id=25842]

Offering apartments that are an impressive 20 per cent more spacious than those in neighbouring buildings, Riva offers brand-new luxury residences at an affordable $405,000.

Buyers can choose from studios, dual key and oversized configurations, with each residence in the Meriton project boasting floor-to-ceiling joinery, panoramic views and contemporary design.

The complete and ready to move in Riva development is part of the future 180 George mixed-use precinct, set to deliver world-class facilities, from dining and retail to resort-style facilities.

4. Collection, Rouse Hill 
Address: 49 Terry Road, Rouse Hill NSW 2155 
One-bedroom apartments from $399,000

[smartcode_project:default project_id=6284]

As the most affordable property on this list, the Marquess Group&rsquo;s Rouse Hill project, Collection, offers 311 residences in one, two and three-bedroom configurations in Sydney&rsquo;s growing north-west.

The DKO Architecture-designed development features luxury and modern design with spacious open-plan layouts, walk-in showers and on-site amenities.

Generous entertainer balconies boast beautiful views of the surrounding landscape and Berowra Valley National Park.

5. Lumina, Penrith 
Address: 26 Lord Sheffield Circuit, Penrith&nbsp;NSW 2750 
One-bedroom apartments from $395,000

[smartcode_project:default project_id=7320 project_image_fid=75378]

Developed by Urban Property Group,&nbsp;Sheffield Quarter&rsquo;s Lumina is a rare find that raises the bar on contemporary luxury living.&nbsp;

Situated in one of Australia&#39;s fastest-growing regions, the project is located in close proximity to Penrith&#39;s dining precinct, stunning parklands, the Nepean River and the Blue Mountains.

Residences at Lumina, Sheffield Quarter offer a choice of one, two, or three-bedroom apartments and&nbsp;features inspired design by DKO Architecture, premium finishes and a lush rooftop garden.

5. Concerto, Merrylands 
Address: 228 Pitt Street, Merrylands NSW 2160 
One-bedroom apartments from $415,000

[smartcode_project:default project_id=24321]

Dyldam&rsquo;s masterplanned precinct, Opera, comprising 1,200 residential units over a 2.5-hectare site has introduced their first stage, Concerto.

Located just five minutes from the Parramatta CBD, the 19-storey project offers one, two and three-bedroom residences with a variety of configurations and floor-plans.

Designed by Plus Architecture, the 363-resident building is expected to reach completion this year, featuring amenities such as a rooftop courtyard, pool, gym and barbeque facilities.

With four levels of secure parking for cars and bicycle spaces, come home to a space filled with light and effortless style at Concerto.

View the top five <a href="http://www.urban.com.au/news/nsw/april-2021-the-top-five-two-bedroom-apartments-you-can-buy-in-sydney-under-655000" target="_blank">two-bedroom&nbsp;apartments you can buy in Sydney&nbsp;here.</a>

With Sydney's median unit price at $771,859 in April, Urban takes a look at five new developments on the market that you can secure for under $440,000

affordable living

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