Real Estate

Top 10 Suburbs in Sydney For Investment in 2022 

Is it too late to invest in Sydney real estate now that price growth is being stifled by affordability? Sydney’s rapid price growth in 2021 was clearly unsustainable, and the “overall” Sydney market has been flat for the whole of 2022.

Although it’s like stating “on average, I’m comfortable” after putting one hand in a pail of hot water and the other in a bucket of cold water. There is no such thing as a standard property market in Sydney, and there are still some locations where high demand is expected to keep home prices rising.

Whether you’re looking for houses for sale in inner west Sydney or you’re not decided yet which suburb you must pick, we’re here to help you out. In this article, we have listed the top 10 Sydney suburbs for investment as well as their prices. 

Please take note that this list is not in chronological order. 

1. Bardwell Park 

Photo by Wikipedia

Bardwell Park is 12 kilometres south of Sydney’s central business district, with convenient access to the eastern suburbs, inner west, WestConnex, and Sydney Airport. The median house price in the suburb has increased by over $400,000 since the beginning of the year. 

The area, which primarily houses families and elderly couples, is in high demand, with little stock available. In this neighbourhood, the median house price is approximately

$1.6 million

2. Congee 

Coogee is a redeveloped seaside district south of Sydney’s CBD that will benefit from infrastructural upgrades starting in 2020. The $2.2 billion South-East Light Rail project will connect Circular Quay and Kingsford with a 12-kilometre light rail network. A $5 million makeover of the Coogee Bay Road town centre began in September 2018, in addition to the light rail. Congee’s median weekly household income is roughly $2099.

3. Blacktown 

Photo by GoodMigrations

Blacktown, in Western Sydney, is a popular neighbourhood for both homeowners and investors. From 2013 to 2018, house prices in Blacktown increased by double digits, and values stayed stable through 2020. The region is slated to get over $5 billion in infrastructure in the next years, and it’s an appealing proposition with a median property price over $200,000 lower than Sydney’s. 

In this location, the median property price is $810,000.

4. Kingsford 

Kingsford is a residential neighbourhood located south of the University of New South Wales and south of the Sydney CBD. Its weekly median household income is $1227.

It is less than 5 kilometres from Coogee Beach and includes cultural attractions along Anzac Parade and Gardners Road.

The South-East light rail project, which will provide a direct connection to the CBD, will also help Kingsford.

5. Narrabeen

This coastal neighbourhood is ideal for people looking for a good work-life balance. Units in this Northern Beaches area, which are popular with young professionals and families, grew by over 12% last year. Narrabeen is one of Sydney’s most expensive suburbs, and it’s in high demand, especially among middle-aged professionals and families, with recent years seeing an exponential rise. The median house price in Narrabeen is roughly $3.5 million.

6. Kensington 

Photo by Domain

Kensington is in the City Of Randwick’s local government region, southeast of Sydney’s CBD. This suburb is located to the south of Moore Park and to the west of Randwick Racecourse.

The University of New South Wales’ main campus, the National Institute of Dramatic Arts (NIDA), and the elite Australia Golf Club are among the suburb’s most notable landmarks. The Southeast light rail project will also benefit Kensington. The median household income in Kensignton is around $1498 weekly. 

7. Badgerys Creek

Badgerys Creek, in southwest Sydney, will benefit from the recently completed $9 billion Western Sydney airport. The area is projected to become a big hub, driving up property values, thanks to more than $15 billion in infrastructural investment. Because there is little stock on the market in the suburb, you’ll need to act quickly.

8. Maroubra

Maroubra is a coastal suburb in Sydney’s Eastern Suburbs, located south-east of the city centre. In terms of both area and population, Maroubra is the most populous suburb in the Randwick City Council region.

It is around 10 kilometres south of the CBD. The population is estimated to be around 29,594 people, with a weekly median household income of $1428.

9. Windsor

Photo by Travel2Next

Windsor, located just north of Sydney on the Hawkesbury River, is a historic, leafy neighbourhood ideal for individuals who don’t mind a one-hour train ride to the CBD. Working-from-home has made Windsor a more appealing proposition for many Sydney residents, with local infrastructure upgrades making the trip easier. The average cost of a media house in Windsor is $790,000.

10. Neutral Bay

Neutral Bay is a waterfront neighbourhood on Sydney’s Lower North Shore. It is located in North Sydney Council’s local government district, north of Sydney’s CBD.Cammeray, Milsons Point, and Cremorne are some of the nearby suburbs. The population is estimated to be around 9384 people, with a weekly median household income of $2073.

If you find this article interesting and helpful, please leave us a comment below!

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button
hosting satın al minecraft server sanal ofis xenforo
best porn games
canlı casino siteleri casino siteleri 1xbet giriş casino sex hikayeleri oku