Liverpool will have 262 new units at the new The Macquarie apartment block.
Belle Property Surry Hills, First National Davidson and Kingdom Developments recently launched the apartment development, a 10-minute walk from Liverpool's thriving commercial centre, cafés and public transport.
The 50 invited guests at the launch inspected the model displays and discussed the future of the city.
Liverpool is Sydney's third-largest CBD and is part of the fastest-growing economic region in Australia. Its growth is set for a steady 1.8 per cent over the next 20 years.
It has a younger median age of local residents, at 34. The national median age is 37.
"Of the 262 apartments 54 per cent are two-bedroom, more than the number of studio or three-bed apartments, as figures demonstrate the younger, growing population need affordable homes," Belle Property Surry Hills' SimonDahdah said.
According to 2016 census data, less than a third of residents here were born in Australia. Outside of English spoken at home, 18 per cent speak Arabic, 8 per cent speak Serbian, 4 per cent speak Hindi, 3 per cent speak Vietnamese and 2 per cent speak Spanish.
With Liverpool's dynamic multicultural mix and the need to build something "exceptional", architectural firm Grand Cheng CV and acclaimed RM interior designer CatherineCalavrias were appointed to the project.
The apartment development is due to be completed by 2021.
"The growth of Liverpool over the past 15 years has ushered in a kaleidoscope of cafes, restaurants, shops, bars and recreation venues," the developers said. "It has all the benefits of big-city living right at residents' doorsteps.
"It's established itself as a leading tertiary-education hub with the Western Sydney and Wollongong university campuses, TAFE, Australian Business College and Ingham Institute, part of Liverpool’s medical research and training precinct.
"Liverpool council is investing in a prosperous and sustainable future through education facilities, nation-leading infrastructure and new employment opportunities to make this the city of the future."