Suburbs with higher percentages of younger residents will experience a bigger growth in value from having railway constructions , a new study has found . Onthehouse Research found the suburbs where the median age of residents was below the national average of 37 years showed a stronger relationship between train stations and price growth . The study picked seven suburbs to keep an eye on based on impending railway constructions that will likely transform their value , reports Property Observer . A new study has found Suburbs with higher percentages of younger residents will experience a bigger growth in value from having railway constructions . The study picked seven suburbs to keep an eye on based on impending railway constructions that will likely transform their value . The new stations will allow younger residents to access Sydney CBD , therein generating thousands of jobs . The seven suburbs to watch out for are Kellyville , Rouse Hill , Bella Vista , Baulkam Hills , Paddington , Randwick and Kingsford . 'In Kellyville , the building and maintenance of the station , increased dwelling construction and new commercial establishments are expected to create over 3,000 jobs in the area , said Eliza Owen , Onthehouse market analyst . 'Whereas in Kingsford , where one third of the residents fall between 20-29 years old , the light rail is expected to be popular with young people and students travelling to the city for entertainment and work outside of study hours . ' Properties in Kellyville ( L ) and Rouse Hill ( R ) , the top two suburbs set to have their value transformed after impending railway constructions . Properties in Bella Vista ( L ) and Baulkam Hills ( R ) are both set to have new railway infrastructure . The new stations will allow younger residents to access Sydney CBD , therein generating thousands of jobs . A three bedroom Kellyville house sold for $ 920,000 earlier this month , less than two years after it sold for $ 580,000 in September 2012 , marking a 58.6 % price growth . Globally , Sydney is considered the third most expensive property market behind only Hong Kong and Vancouver . It comes after a downtrodden home in south Sydney sold for a colossal $ 6 million last Saturday.73 Vista Street in San Souci captured a crowd of 250 , despite its run down , red brick exterior . Properties in Paddinton ( L ) , Randwick ( C ) and Kingsford ( R ) will also experience a transformation in value .
The impact of railway infrastructure on property prices is augmented by having percentages of younger residents . A new study picked seven suburbs to keep an eye on based on impending railway constructions that will likely transform their value . In the case of a rail line in Sydney, it would be expected to increase demand for housing and land values as well as reduce congestion at stations.