What are The Best Hotspots to Make a Real Estate Investment in Sydney?
Are you planning to invest in property? The Sydney property market is huge. There has been an uptick in Sydney’s real estate market growth in the past few years. In 2022, there will be a relaxation in the prices. However, the median for a property is about $2 million.
While you move ahead in your search for a good home, you will realize that this is a big decision with risks overlooking you. To make the best decision, you can count on some of the best real estate consulting firms whose professionals can offer great help when buying a home in the property hotspots in Sydney.
If you are new to Sydney, you will experience diverse cultures and meet many people. The main question is which would be the ideal place to move in.
We have listed below some top property hotspots you can invest in.
1. Merrylands
It features some of Sydney’s best freestanding homes. Like its neighbor Parramatta, it is famous and is among the best places to live with family.
- Average Rental Cost: $550 per Week
2. Homebush
Living in Homebush gives you easy access to the CBD. This is one of the best areas in Sydney to live with your family. It is near Olympic Park, significant shopping centers, and Flemington markets.
- Average Rental Cost: $580 per Week
3. Epping
Epping offers a host of benefits. It is affordable, is a growing suburb, and thus a preferred location. It is 20km away from CBD. There is a high increase in its yearly prices. The area has public transport facilities for an easy commute to work and other places.
- Average Rental Cost: $500 per Week
4. Seven Hills
Seven Hills are just 27km from the CBD. It has an amazing infrastructure than its surrounding areas. Park, schools, and a shopping complex to make this area decent and provide facilities for education, entertainment, and necessities.
- Average Rental Cost: $440 per Week
5. Liverpool
Liverpool holds distinguished roots because it was the 4th town in Australia to be colonised by the British and was given the title of ‘Earl of Liverpool’ upon its founding in 1810. Liverpool, situated in southwest Sydney, is a significant financial center. As research and investment initiatives turn this into a transportation and commercial hub, its prominence is expected to rise. Despite hundreds of thousands of dollars in capital flowing, it’s only a question of time before the art facilities are out there.
Average rental cost: $600 per week
6. Campbelltown
Campbelltown offers quality living, services, and all the facilities nearby. Covered with breathtakingly beautiful hills, nature preserves, and rivers, including Nepean and Georges. It is just an hour away from CBD. Campbelltown provides residence to more than 166,000 families.
Average rental cost: $430 per week.
7. Homebush
The Parramatta CBDs and Sydney are both conveniently accessible from Homebush West. One of the greatest areas in Sydney to live is close to Olympic Park, Flemington markets, shopping centers, and Centennial Parklands.
There is no recorded median value, and dwellings are fiercely held. But, for less than $700,000, luxury apartment flats are now the greatest thing.
Average rental cost: $580 per week
8. Ryde
A hotspot that excels at striking a good balance of all-around accessibility in Ryde. Ryde does not just focus on one region, but it checks a lot of important criteria and offers really good pricing reflecting its central-northern Sydney area. West Ryde provides respectable, if somewhat basic, dining and shopping options; for grocery necessities, you will find Woollies and Coles here, and it also has a respectable range of eateries.
Average Rental cost: $700 per week.
9. Parramatta
With Western Sydney’s population expected to reach 4 million by 2050, Parramatta will face explosive growth in the next years. In the centre of Western Sydney, new opportunities will be made possible by social and economic infrastructure in the shape of a multidisciplinary learning and research project at Sydney’s University. So the areas surrounding Parramatta are good to check if you’re searching for a nearby location to Sydney’s central business district with room for development.
Average Rental Cost: $500 per week.
Conclusion
Investing in Sydney requires proper planning and time. However, a strong investment will give you a great outcome, whether on rental or purchase income.
Many people desire to invest in the property here but are still confused. Don’t fret, as Quarter Acre is here to make your investment easy. We are among the best real estate consulting firms. With us, you get the best property investment opportunities and home-buying assistance. Contact us today to know more!
