1 Forest Street, Forest Lodge. The proposed new Powerhouse Museum on the banks of the Parramatta River, which will add to the area's cultural appeal. 106 Darling Street, Balmain East. The median sale price for the past 12 months is $1,650,000, and the year-on-year change in the median sale price is a notable 39%. Potts Point and Randwick were also high. Top 10 suburbs for 2020: How to find the right areas to invest. The median house price in Hunters Hill is $1,680,000 and the median unit price is $1,262,500. It is home to a number of cultural experiences including the Star Casino along Darling Harbour, Sydney Lyric Theatre, and the Australian National Maritime Museum. *The number of 2 million Australians is based on the number of users visiting OpenAgent according to Google Analytics for the period of 01/08/2019 to 31/07/2020. Kirribilli is great for the quietness, harbour views and only one stop on the train to the city which takes a whole five minutes. Hurstville is also a popular choice, sitting under half an hour to the city via train and boasting a mixture of older homes and low density housing. The median house price in Redfern is currently $1,275,000, while the median price of a unit is $903,000. Everyone has different needs, however, there are a few universal categories that help make a suburb stand out from its neighbours. It's no secret that Eastern Suburbs real estate can come at a pretty penny. Opt Out of personalisation. Families in Sydney who are looking to buy are spoilt for choice when it comes to liveability. Ultimately, it will come down to your budget and where you think you and your family will feel comfortable. A recent study by Tract Consultants and Deloitte Access Economic ranked Sydney's suburbs from 1 to 555 using 16 key categories affecting the quality of life of residents. Have a think about the factors that make a suburb desirable. The most difficult aspect of moving to a new city is figuring out where to settle down. Picture: realestate.com.au/buy. Even though Central Station is closeby, residents can easily walk to major attractions like Chinatown, Darling Harbour and Broadway. According to the Urban Living Index and other recent suburb surveys, Crows Nest and Milsons Point have been voted as the most liveable suburb in Sydney. Many suburbs here rank highly in the Urban Living Index including: Surry Hills, Marrickville, Newtown, Rhodes, Balmain, Glebe, Waterloo, Chippendale, Erskineville and Alexandria. Best suburbs to buy: the Sydney areas where homebuyers have the upper hand. If you are after a house, the West is the place to be, with many suburbs still recording median prices well under $1 million. Sydney’s Northern Beaches have always been a hot spot for buyers. Hurstville for example currently sits at $1,207,500, while the median price of a unit is $670,000. So with these measures taken into account, let's take a dive into the best places to live in Sydney, broken down by region, price, lifestyle and other key livability indicators. When choosing their next move, most buyers have a set of criteria that need to be met. But there’s a little slice of heaven that is on the up. Picture: realestate.com.au/buy. Sunkissed Bondi beach, the colossal infrastructure of the Harbour Bridge, and the Opera House - basking elegantly in all of its architectural glory. Sydney’s harbourside inner suburbs feature heavily in the report, with Kirribilli followed by sought after suburbs Woolloomooloo, Balmain East, and Glebe. As you are most likely not familiar with the more and the less pleasant areas, making a wrong decision is quite common. The 10 best Sydney suburbs to live in for 2020 based on our scoring system. But don't think for a moment that they come as a bargain, these are also some of the most desirable and safest spots in Sydney. Opt for a beachside suburb like Cronulla and prices rise to a median of $2 million for houses and $775,500 units. But affordability aside, liveability is just as important to homebuyers. We asked the experts for their top picks for suburbs to see major growth in 2021. Kirribilli residents have a short commute to central Sydney – 14 minutes by car, and 21 minutes using public transport. May 27, 2020 | Guest Post by: Eibhlis Gale - Coleman. Some of the best places to rent in Sydney based on median price and number of vacancies and dwelling include the Northern suburbs of Ryde, Chatswood and Chatswood. According to the Urban Living Index, Crows Nest is the most liveable suburb in Sydney. In the upper area of the region, the leafy bushland suburbs of Hornsby and Waitara score highly on both the Urban Living Index and Domain's livability study. So what locations are going to see the biggest spike in prices? Cronulla. With its own beach, an excellent cafe culture and some attractively priced homes, Opt for a beachside suburb like Cronulla and prices rise to a median of $2 million for houses and $775,500 units. The median house price is $2,032,500 and the median unit price is $1,462,500. The east has a wide property landscape from Victorian terraces to glitzy medium density high rises and art deco inspired apartments. Its close proximity to the city makes for short transit times – a 16-minute drive by car, or 29-minute commute by public transport. Windsor & Richmond. Other suburbs that scored highly include North Sydney, Lavender Bay, Neutral Bay, Kirribilli as well as Manly and Fairlight. 4 Alfred Street, Ramsgate Beach. The median house price is $2,030,000 and the median unit price is $994,000. Move to. What would convince you to shortlist a home? Narrabeen & Collaroy. Picture: realestate.com.au/buy. 3 Kidmans Terrace, Woolloomooloo. These are Sydney’s best lifestyle suburbs: 1. Domain reports that Erskineville's median house price dropped -8.7 per cent over 2018 to December. This definition can vary based on the life stage of a buyer. You would not be the first person to pay more than necessary or live in a part of the city that is not convenient for you. Petersham was amongst the suburbs that took the hardest hit, taking a massive -15.2% hit in the same period, with current housing prices sitting at $1,250,000 - a relative bargain from where they were 2 years ago. "New job opportunities and cultural centres have grown around the hubs of Parramatta and Blacktown, which have quickly developed their own self-sufficient local economies". Find help with the best businesses in the Sydney Lower North Shore If you want to find reliable local businesses in Sydney’s Lower North Shore to help you through the buying, selling and moving process, you can also try one from our Tradebusters Connect North Shore Lower free Top 3 Local Buisness Choice trade and business directory . Potts Point is a harbourside, inner-eastern suburb located three kilometres from the CBD – a 14-minute drive from the city centre, or 21-minute commute using public transport. 5 Best Sydney Suburbs To Retire To Posted on: 16 April 2018 by Joanne Miller. Long queues at open for inspections and soaring prices haven’t been a reality everywhere in Sydney … After all, it can get frustrating having to share living facilities, such as the bathrooms and kitchen, between a whole floor of students. As its name might suggest, Sydney's Inner West lies immediately to the west of the Sydney CBD. All that in mind, here’s our picks for the 10 best Sydney suburbs for young professionals: 10. Situated on the Balmain Peninsula, 90% of Rozelle of residents have parks within easy reach of their doorsteps, and 74% are near education facilities. Over the last year, the Inner West has worn the brunt of much of Sydney's housing woes. It is our intention to eventually confirm that all agents in our recommendation list meet these standards, however, to date - we have only confirmed this with the agents on our retained product who we work closest with. If that's not enough, residents are also just a stone's throw away from the city's beaches. The real estate landscape across the area varies, with everything from stunning waterfront houses to federation mansions and lower density apartment blocks. 3, Millers Point, : Arncliffe. It's a popular destination for families and young professionals comprising of a collection of community-minded villages. The report combines data from the ABS location database ranks suburbs based on a number of factors including proximity to the beach or a river, schools, and parks, plus transit times to the nearest CBD. If you keep a keen eye out and are prepared to be flexible, you can probably get more bang for your buck in some Inner West suburbs. 1. will set Areas TOP 15 suburbs. Families are likely to prioritise proximity to good schools and safer areas. These are Sydney’s best lifestyle suburbs: Harbourside Kirribilli is one of Sydney’s most affluent suburbs – and is home to Kirribilli House, the official residence of the Australian Prime Minister – located three kilometers north of the CBD. Finally, if budget is less of an issue then the North Shore, Northern Beaches and Eastern suburbs will not disappoint, with plenty of excellent private schools and access to ample green space and water. Kirribilli has been named New South Wales’ most lifestyle-friendly suburb, and it’s easy to understand why. Some agents pay us an ongoing retainer for the services we provide. Access the latest property data in minutes, Get a property value estimation, recent sales of similar properties, insight into suburb trends and average days on market, Brisbane and QLD market update - April 2021, Melbourne and VIC market update - April 2021, Sydney and NSW market update - April 2021. That being said, some suburbs by the water are serviced by ferry. Not only are these suburbs close to the CBD, but they're also still relatively affordable. Median weekly rents for houses in Chatswood dropped 3.1% to $950 over the year to September, while Ryde fell 5.8% to $650. realestate.com.au is owned and operated by ASX-listed REA Group Ltd (REA:ASX) © REA Group Ltd. Australia's biggest share accommodation site. Affordability is the big attraction here in the Southwest, with four bedroom family homes well under the Sydney median of $1 million. Best areas for families to live in Western Sydney suburbs Head west and you will be pleasantly surprised by the affordability, especially compared to the Sydney’s Inner West and Eastern suburbs. For the purposes of this analysis, suburbs are ranked based on a number of factors including proximity to the beach or a river, schools, parks, plus transit and drive times to the nearest CBD. Now, 90% of residents have education facilities within easy reach, and 77% of homes are near a park. Surry Hills is a quaint suburb close to the heart of Sydney CBD. Picture: realestate.com.au/buy. ^Note: When a property is sold, the successful real estate agent pays OpenAgent a referral fee, which is at a standard industry rate of 20% of the agent's commission. In fact, nearly 80 per cent of all homes in this region are classed as family households with children. Young professionals tend to enjoy inner city suburbs with a short commute to work and plenty of nightlife. Kirribilli I remember doing research on the best suburbs in Sydney before I left the UK, but found it so hard to choose! If you're a fan of water views (who isn't) and money is no issue, then it's worth taking a look at Sydney's East. "When choosing the best suburb for you, it's important to weigh up the factors that are most important to you". A vendor will be advised when one of these agents has been recommended, and will still be able to see the full list of recommendations at any time. Ramsgate Beach is located 16 kilometres south of Sydney’s CBD – a 23-minute drive to the city centre, or a 46-minute commute using public transport. Traffic in Sydney | © Phil Desveaux / Flickr The Conversation's livable study found that those living in the east were more likely to have shorter commute times. Some may scoff at Hornsby sitting atop this list given that it’s not individually remarkable in any one... 2. The median house price of $893,273 — way less than the city-wide median price, which is way in excess of $1 million — has plenty to do with that. To be eligible for our retainer product, they must satisfy certain benchmarks and then maintain the highest level of quality. Sydney’s harbourside inner suburbs feature heavily in the report, with Kirribilli followed by sought after suburbs Woolloomooloo, Balmain East, and Glebe. Besides the community feeling of these Inner West suburbs, people are drawn to them for their relative proximity to the CBD. Getting the top spot for Sydney’s best suburb to invest in is North Epping, located around 20 kilometres north-east of Sydney’s city centre. Buyers might find the suburb more affordable with the median house price sitting at $1,769,500, and units at $820,000. The same can be said for Newtown, You can also use the resources on our site to help you, like, Tract Consultants and Deloitte Access Economic, prime real estate with access to the city's iconic beaches, harbour, parks, top schools and more, Type of accommodation available - houses or units, What local amenities like schools, parks and swimming pools there are. So how much does it cost to buy in the Inner West? Budget conscious families should look towards Sydney's South West for affordable housing and space to breathe. The Weekly FAQ: advice on Airbnb landlord rights, selling tenanted homes and absentee land taxes. #The claim of #1 Agent comparison site is made based on data from Similar Web which shows more visits to OpenAgent than other agent comparison websites for the period of 1/7/2018 to 31/12/2019. The last two decades have seen a transformation from a largely working class area to a gentrified group of suburbs known for their unique cultural signatures. Barangaroo & Circular Quay. Located one and a half kilometers east of Sydney’s CBD, Woolloomooloo is a harbourside, inner-eastern suburb where the median unit price is $915,000. Sydney is a city overflowing with both cultural and natural riches, likely why the New South Wales capital attracts millions of tourists each year. Most families want access to good schools and amenities, and a low crime rate. Parramatta and Rosehill ranked the highest in the region in the Urban Living Index, as well as Domain's livability study, with Harris Park also making a feature. North Balgowlah and neighbouring Manly Vale offer close proximity to the beach and famed suburbs like Many and Freshwater. Proximity to a workplace might be the biggest priority for young professionals, however, for young families more space is often more important. 40 Elizabeth Street, Rozelle. You'll find wide leafy streets and harbour views, but of course they come at a price premium. The ABS location database – Australian Statistical Geography Standard 2016 was used for the calculations. When looking for the best places to retire, there are many factors to consider including weather, culture, population, and daily activities. During a study on the liveability of 555 neighbourhoods in Sydney were studied to determine what neighbourhood ranks the best. On a small peninsula separating the Lane Cove River and the Parramatta River, you’ll find Hunters Hill – one of Sydney’s North Shore suburbs. Originally a working-class suburb, Woolloomooloo has been gentrified like many of Sydney’s inner city suburbs. Not only are these suburbs close to the CBD, but they're also still relatively affordable. Balmain East is a harbourside, inner-western suburb located five kilometres from the CBD on the Balmain Peninsula – a 14-minute drive from the city centre, or 21-minute commute using public transport. Again, not every buyer will need to tick every box, but a high score is a good indicator of liveability. In Fairlight, on the other hand, the median house price is currently $2,110,00, while units are currently at $1,100,000. Best Suburbs for Students in Sydney. Add water views, access to top class beaches and prestigious private schools, and you've got a winning combination. In Hunters Hill, 90% of residents have a park near their home, and 74% have education facilities in close proximity. It is also necessary to take a look at both the positives and the negatives of each location, and how they might affect your retirement. Redfern. For this list, the boundaries of the Sydney metro area are defined as the Hawkesbury/Nepean River in the north/north west, and then the outer boundaries of the City of Penrith , Camden Council , the City of Campbelltown and Sutherland Shire . So what categories are the scores based on? 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