The 15 Best Suburbs to Invest in Sydney in 2022

In 2021, the Sydney housing market skyrocketed, with several places becoming sought-after real estate destinations. The boom is expected to last until 2022, which makes the current time optimum for making an investment in the city suburbs. 

Numerous hidden jewels in the metropolis and spectacular beachfront properties in Sydney suburban areas are up for grabs. However, before investing, one should know the right place to invest since the Sydney real estate market has so many regions to select from.  

It’s significant to mention that not every property in these suburbs is the perfect investment opportunity. Therefore you should seek some home-buying assistance before making a deposit on any dwelling. 

Here are some of the suburbs that are booming in popularity in 2022:

1. Coogee

Coogee can be seen as a self-contained seaside enclave with stunning vistas and rising property demand. The suburb offers a great seaside lifestyle with a variety of pretty dine-out areas. The suburb is only 8 kilometers from the city and has a big 45 percent tenant population. For those who prefer public transportation, Coogee relies heavily on buses. However, a huge light rail program is currently under construction, which may have a substantial impact on property rates. 

2. Bexley 

The population of this suburb is currently 20,9873, and it is located just 15 km away from the CBD, which is the central business district. Its vacancy rate is roughly 1.74%, and it is a high-demand region. A quarter of its population lives in rental apartments. The area amenities aren’t outstanding, but they’re adequate for daily needs and light amusement. The location’s biggest draw has been its central position so that you do not get fear missing out. It consists of a large school district which makes it a better choice for families. The quiet surroundings also attract couples and long-term investors. 

3. Kingsford 

This region is a suburban neighborhood located south of the NSW University and also Sydney CBD. Since it is within 5kms of Coogee Beach, it includes cultural attractions alongside Gardners Road and Anzac Parade. The region is pleasant to walk in, with a population of 14100 people. 

4. Kensington 

This region is situated southeast of the CBD with notable landmarks like the Golf Club of Australia, the National Institute of Dramatic Arts, and the main campus of the University of New South Wales. The suburb has a current population of 12,776. The area will soon benefit from the upcoming rail project in the southeast region. 

5. Bardwell Park 

This neighborhood is 12 km from CBD and has easy access to the Sydney airport, WestConnex, and eastern suburbs. The area had a scorching 2020. The availability of properties is low amidst major demand areas. The average property costs around $1.6 million here. 

6. Blacktown

The suburb is situated in the western part of Sydney and is popular amongst both owners and investors. After housing prices increased in double digits from 2013-to 2018, they remained stable throughout 2020. The place is projected to get a massive $5 billion infrastructure investment over the next few years. The average cost of an apartment is $810,000, while apartments on average cost $505,000.

7. Windsor 

This northern suburb of Sydney is known for its historic and picturesque view of the Hawkesbury River. It is ideal for people who love and enjoy being near nature and wouldn’t mind an hour train journey to reach the CBD. The work-from-home culture has made this location an appealing proposition for many Sydney residents, with local infrastructure upgrades making the trip easier. The median property price here is $790,000.

8. Cherrybrook

As a consequence of its upscale residents, this suburb has experienced sustained investment growth over the last decade, as well as multiple higher revenue sales. Property values are likely to increase further with the opening of the Northwest link of Metro Rail. With wild views and green lawns abounding, the neighborhood is inhabited by elderly and settled families. The average property prices are $1.8 million, and for apartments, it is approximately $1.02 million. 

9. Avalon Beach 

Avalon Beach is an excellent choice for individuals seeking a coastal work/life balance. The neighbourhood was largely spared by the covid outbreak and has undergone rapid growth in the past few years. The average property and apartments cost around $1.98 million and $1.01 million, respectively. 

10. Miranda 

The suburb is located 24 km south of the CBD and is a business hub. As a result of increased WFH culture and beautiful beaches, this place is high in demand. Unit development has become thrice since 2018, and positive capital growth is seen in this region. The average property costs around $1.42 million, while the average apartment costs somewhere near $750,000.

11. Mount Druitt

The region is 38 km west of the CBD and has received amazing demand in the real estate market due to the $1.5 billion funding by the government for infrastructure growth. Due to low median pricing and good rental yield, this place is a good investment. The average cost of a property is $774,000, while the average apartment costs $425,500.

12. Beacon Hill

COVID has gripped the rental property market in this region, which is roughly 17kms away from the CBD on the northern beaches. The carefully planned infrastructure makes traveling hassle-free, and remote office work has increased the popularity of this suburb too. The area has limited rental properties available. Hence it is advised to make your purchase quickly. 

13. Cammeray 

Cammeray is 5 kilometers north of the CBD, lower north shore of Sydney. Most of the properties are singles or double-story solo or quasi dwellings. The streets are quiet and are decorated with tree-lined boulevards with wildlife stips. Cammeray takes on a nice green hue as a result of this.

14. Balmain

The region consists of thriving restaurants, pubs, beautiful cafes and relaxed bars, boutique businesses, trendy diners, and artisan bakeries and is situated towards the CBD’s western part. The rebuilt sandstone employees’ cottages that line the lush alleys are home to media professionals, artists, and rich families. This place is a walking paradise, especially on Saturdays with the Balmain special markets. 

15. Summer Hill

Summer Hill consists of a combination of properties of the federation era and apartment units that are medium density near the train station. It’s close to the CBD and also boasts a village yet family-friendly vibe. This place exemplifies the style of western living and is full of traditional eateries and beautiful spaces. It is a heritage-rich suburb and has made its impact on the National Register of Historic Places with over 100 plus property listings. 

Conclusion 

Sydney is full of locations that are beautiful and would provide you with the right kind of lifestyle. But, choosing the right suburb is extremely important, and one might not have enough knowledge about which locality to go for with so many available options. Hence, Quarter Acre provides you with the right kind of home buying assistance to make your purchase simpler and easier.