Buying a property in Sydney is no simple feat. Especially when you’re looking near the CBD. Sky-rocketing prices and a lack of houses for sale are destroying the dreams of owners wanting to buy as well as investors. However, there are certain places you can look to find the best value suburbs to buy a house in Sydney.
Property in Sydney has become particularly popular among investors meaning prices have become higher and homes have become fewer. With many different great suburbs in Sydney, your options are never dull. That is why we have done some in-depth research to compile the suburbs with the best value in Sydney. All of these suburbs are the perfect place to find your next investment.
The top 10 best value suburbs to buy a house in Sydney
The Sydney property market is forecast for great growth this year. Our research has successfully identified the top ten best value suburbs to buy a house in Sydney. With this information, you will be able to purchase the house you have been looking for at a great price. Let’s take an informed look into these great suburbs!
At the top of the list of the best value suburbs to buy a house in Sydney, is Coogee. It is a stunning gentrified coastal suburb that sits to the South-East of the Sydney CBD. It is constantly the home of many infrastructure projects and exciting new things. There are many new upgrades expected in the coming years because of an expected increase in the Sydney population.
- Distance from the CBD: 8km South-East
- Population: 14,012
Kingsford is a beautiful residential suburb South-East of the Sydney CBD. It is situated directly south of the University of New South Wales. It has plenty of cultural amenities along Anzac Parade as well as Gardner’s Road. It is also less than 5km from the famous Coogee Beach.
- Distance from the CBD: 7km South-East
- Population: 14,100
Kensington is located South-East of the Sydney CBD. It sits in the local government area of the City of Randwick. Kensington is quite safe, and it lies to the immediate south of Moore Park and west of the Randwick Racecourse. The main landmarks of the suburb are the main campus of the University of New South Wales, the exclusive Australia Golf Club, and the National Institute of Dramatic Arts (NIDA).
- Distance from the CBD: 6km South-East
- Population: 12,776
Coming in at number four of the best value suburbs to buy a house in Sydney is Maroubra. It is a gorgeous beachside suburb in the Eastern Suburbs of Sydney. It lies to the South-East of the Sydney CBD. It is known as the largest suburb in the area governed by the Randwick City Council. Both in area and population.
- Distance from the CBD: 10km South-East
- Population: 29,594
5. Neutral Bay
Next on the list is the lovely harbourside suburb known as Neutral Bay. It is on the Lower North Shore of Sydney and is north of the Sydney CBD. It sits in the government area of North Sydney Council. Its surrounding suburbs include Cammeray, Milsons Point, and Cremorne.
- Distance from the CBD: 1.5km North
- Population: 9,384
Cammeray is yet another beautiful Sydney suburb. It is located on the lower North Shore and North of the Sydney CBD. It is a favourite among people looking for the best value suburbs to buy a house in Sydney. The majority of residences are in the form of stand-alone or semi-detached, single, or double-story houses.
Many of the streets that are generally quieter are lined with beautiful trees as well as nature strips. This helps to give Cammeray a gorgeous green look.
- Distance from the CBD: 5km North
- Population: 6,783
Balmain is a rather wealthy suburb just West of the Sydney CBD. It features a rather lovely restaurant scene. The gorgeous Victorian buildings on Darling Street are filled with relaxed pubs and delicate cafes. They also feature some darling boutique stores, artisan bakeries, and eateries.
Many wealthy families, artists, as well as media figures, live in the restored sandstone workers’ cottages that line the streets. There are also markets every Saturday that sell organic food, crafts, and fashion.
- Distance from the CBD: 5km West
- Total population: 9,783
Rozelle is another gentrified residential suburb. It lies in the Inner West of the Sydney CBD. It features many cultural amenities with cafes and restaurants along Darling Street. It is considered a destination suburb due to its eateries and boutique stores.
- Distance from the CBD: 4km West
- Population: 7,919
9. Dulwich Hill
Situated in the Inner West of Sydney is Dulwich Hill. It is located just to the South-West of the CBD and it stretches south to the shore of the Cooks River. It is a well-established residential area with many gorgeous examples of federation architecture.
Compared to other suburbs, the streets are far wider, and the houses are also bigger.
- Distance from the CBD: 7.5km South-West
- Population: 12,981
10. Summer Hill
Summer Hill is a beautiful residential suburb located west of the Sydney CBD. It has a mix of Federation-era houses with medium density apartment blocks near the railway station. The local council has gone as far as to define a village character for the suburb.
It is a suburb that is very wealthy in heritage with more than one hundred properties being heritage listed.
- Distance from the CBD: 7km West
- Population: 6,586
Investing in the best value suburbs to buy a house in Sydney
When it comes to investing in houses in Sydney, these suburbs are some of the best. If financing is an issue, contact NSW Mortgage Corp for financial assistance.