New development blooms in Waterloo

CBRE managing director David Milton said the new development did not increase density but rather “increased amenity, adding to the fabric of the environment”. Mr Milton said buyers were looking at Waterloo for affordability and proximity to the city.
“There is a younger demographic with professionals moving into an area with like-minded people. There’s a lot of owner occupiers, a lot of people that can’t afford surrounding areas like Paddington, Surry Hills, East Sydney – and even those coming from the north shore and going to university here. They have adopted the area and have chosen to move across the bridge.”
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