Sydney’s commercial property market is shifting, and Western Sydney is increasingly the engine room of growth.
While many investors still gravitate toward traditional markets, real opportunities are emerging in the city’s growth corridors — areas shaped by new infrastructure, population growth, and rising commercial demand.
At RWC Western Sydney, our Managing Director Peter Vines has highlighted five suburbs set to stand out for investors in 2025 and beyond.
St Marys: The Gateway to the Aerotropolis
Once overlooked, St Marys is undergoing a remarkable transformation. Queen Street, once avoided, is now alive with boutique gyms, coffee roasters, and an influx of young professionals and couples moving in from new housing estates in Werrington, Caddens, and Orchard Hills.
“It has the same gentrifying energy we saw in Redfern or Surry Hills a decade ago.”
St Marys will also be the final Metro stop linking directly to the new Western Sydney Airport, cementing its role as the true gateway to the Aerotropolis. By 2030, 4,448 hectares of employment land will be unlocked here, driving long-term demand.
RWC Western Sydney’s latest research shows two-bedroom unit rents in outer Sydney suburbs like St Marys grew 19.2% year-on-year in early 2025, reflecting the area’s growing appeal.
Sydney Olympic Park: From Events to Everyday Living
No longer just a destination for concerts and major sporting events, Sydney Olympic Park is evolving into a vibrant lifestyle suburb. With extensive bike paths, green open space, and a growing number of residential towers, it’s becoming a mixed-use hub.
Connectivity has long been a challenge, but that’s set to change. Once the Metro West opens in 2032, travel time to Martin Place will drop to just 15 minutes.
“That’s when this place really takes off. Right now, it’s still trading at a fraction of Inner West prices.”
The Metro West forms part of more than $25 billion in NSW and Federal Government transport investment — a major uplift for the precinct.
Westmead: Sydney’s Health and Education Powerhouse
Westmead is one of Australia’s largest hospital and health precincts, and it’s still growing. Every day, thousands of doctors, nurses, and researchers work here alongside students from Western Sydney University — with Sydney University also proposing a campus nearby.
With light rail, heavy rail, and the Metro West all servicing the area, Westmead will soon be one of the most connected suburbs in the country.
“Westmead is the sleeping giant of Sydney. Healthcare and education precincts provide stable, long-term commercial demand.”
Parramatta: A CBD In Its Own Right
Once known as Sydney’s “second CBD,” Parramatta is now a commercial powerhouse in its own right. The completion of Parramatta Square, the opening of the Light Rail, and the upcoming Metro West are all driving corporate, government, and investor activity.
According to our latest research, A-grade office vacancy has dropped from 20.9% in 2022 to 13.3% in early 2025 as tenants chase quality stock — a strong sign of renewed market confidence.
“Investors can buy here below replacement cost today, but in five years, they’ll look back and see Parramatta was the opportunity hiding in plain sight.”
Campbelltown: Gateway to the South West
Campbelltown has long been considered “too far south,” but that perception is changing fast. As the entry point to Sydney’s South West growth corridor, the area is now drawing billions in new investment across industrial, mixed-use, and retail property.
“Campbelltown is one of the most affordable commercial entry points in metropolitan Sydney, but it won’t stay that way for long."
The South West currently has 114 active industrial projects worth $4.4 billion, including nearly 200,000sqm under construction. Much of that is happening in and around Campbelltown.
Why Western Sydney is the Future
Each of these suburbs is building a unique commercial ecosystem, from healthcare and education hubs to logistics, retail, and mixed-use precincts. The momentum is backed by long-term population growth — Western Sydney is expected to absorb 56.5% of NSW’s population growth through 2041, requiring around 24,000 new dwellings each year.
“With residential growth comes commercial growth. Investors who position themselves now will be well placed for long-term success.”
At RWC Western Sydney, we’re proud to guide investors, developers, and owners through the opportunities shaping our city’s future.
If you have any questions about any of the suburbs listed, or would like to have a general chat, please don’t hesitate to get in touch.