Inner West Suburbs Property Buyers Agents

The Inner West is a melting pot of cultures and provides some of the most interesting gems Sydney has to offer. And by gems I mean people, food, housing and that all important community feel. Sydney’s Inner West has plenty of character compared to the ubiquitous picket fence of outer suburbia. It’s higher density and higher energy, but most importantly has something for just about everyone.

The region consists of approximately 54 suburbs from Glebe across to Homebush and down to Tempe. As it covers such a large area, there is also tremendous diversity between suburbs within the Inner West as some continue to undergo gentrification and have plans for high rise apartments while others maintain their heritage listed properties and local village shops. There is certainly no shortage of variety for home buyers in the Inner West.

The Inner West property market is often hotly contested and records the highest auction clearance rates in Sydney as real estate investors and home buyers compete against each other. Key to its appeal is its proximity to the CBD, relative affordability compared to the Eastern Suburbs, walkability and café culture and wide selection of beautiful period terraces, cottages, apartmentsand larger homes. Many properties have been renovated over the years, however you can still find the odd original period home if you look hard enough.

Other value adding options for houses include adding a second level, utilising attic space or changing the floorplan to create a more desirable open plan layout with a lounge room opening up to the rear yard by adding a rear extension.

The median house price in Sydney’s Inner West grew 12.3% to $1.442 million in 2015 according to APM, however real estate prices vary significantly between suburbs. Around $1.5 million will buy you an average four-bedroom house in Marrickville, while you will need more than $2.2 million for a four-bedroom house in Haberfield and closer to $3 million in Birchgrove.

Apartments range from charming boutique Art Deco blocks and converted mansions to modern complexes and high rises with amenities such as pools, gyms, theatres and convenience stores at your doorstep. Apartments are often chosen over houses as they offer a relatively affordable entry point (although they have increased in price considerably over the past few years in this region) and proximity to shops and public transport. Two bedroom apartments sell for around $700,000 in Ashfield while apartments in modern complexes and sought-after converted warehouses in Camperdown sell for upwards of $1 million.

House price growth in the Inner West in 2016 is likely to decrease to around 5% as the real estate market stabilises after a few years of very strong growth.

LOCATION AND TRANSPORT LINKS

BUSES

Frequent buses travelling to and from all areas of city

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FERRIES

Ferries to the city and Manly available from Watsons Bay and Rose Bay.

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TRAINS

Bondi Junction train station is a great option to quickly travel throughout broader Sydney.

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One of the main reasons real estate in the Inner West is so popular is the proximity of houses and apartments to transport links to the Sydney CBD.

The region is serviced by light rail, multiple heavy rail lines and bus routes that criss-cross the area. The light rail line extends from Dulwich Hill to Central Station and will be extended to Kingsford, Randwick and ferries at Circular Quay by 2019.

Heavy rail lines include the Bankstown and Inner West lines. The Bankstown line will be converted for Sydney Metro by 2024, which will offer fully automated trains every four minutes in peak hour.

Stage 1 of West Connex will be completed by 2019, which will begin the process of rejuvenation for Parramatta Road. As traffic is redirected into the new tunnels, cafés with outdoor dining will spring up, making the area even more vibrant.

SHOPS AND RESTAURANTS

The Inner West is known for its broad array of restaurants and trendy cafés with environmentally and health conscious options and alternative décor – all close to home. In particular, Italian, Greek, Vietnamese, Portuguese, Chinese, Korean, Thai and Turkish are well represented in different areas across the Inner West.

Many of the original pubs in the area still operate, however some have been substantially renovated internally and serve restaurant quality food to keep up with the times.

Another key element that draws people to making a home in the Inner West is the shopping villages in areas such as Haberfield and Annandale. Locals love the familiarity of these small shops and the fact that the shopkeepers remember your name. Summer Hill, Petersham and Newtown also have that special community vibe.

If you are looking for brand names though, larger shopping centres are represented in Burwood, Strathfield and Marrickville. Bargain hunters can visit Homebush and Drummoyne for discount outlets.

SCHOOLS AND EDUCATIONAL FACILITIES

Many of Sydney’s top public and private schools are located in the Inner West. Some notable ones include Fort Street High School, PLC, Meriden School, MLC, International Grammar School, Santa Sabina College, Newington College, St Scholasticas’s College and Burwood Girls High School, however there are many more.

The wide range of quality schools means that buying property in the Inner West is a smart move for real estate investors and convenient for owners with families.

The University of Sydney in Camperdown was ranked number two in Australia by the Australian Research Council and the University of Technology Sydney in Ultimo was ranked number 1 in Australia for Universities under 50 years old.

RECREATION AND OTHER AMENITIES

Most properties in the Inner West are positioned within walking distance of shops and transport and there are numerous sporting ovals, gyms and fitness centres across the Inner West, so whether you want to play a game of soccer or visit a dog park, you won’t have to venture far from your house.

Much of the Inner West fronts on to Sydney Harbour and there are many waterfront walking trails and parks to enjoy. In particular, the ‘Bay Run’ around Iron Cove and the extensive green space around Concord are popular with locals. Other large parks include Victoria Park (including Victoria Park Pool) in Camperdown and the 40 hectare Sydney Park in St Peters.

Water sports are popular in summer and there are several sailing clubs where you can hire a yacht or kayak for the afternoon. Meanwhile, the Palace Theatre in Norton Street is popular on more dreary days.

Buying a home in the Inner West offers a varied experience depending on where you are positioned, but generally appeals to those seeking property within walking distance from shops and cafes. There is a nice variety of property for sale and the area caters for everyone from families to investors. Our buyers agents love helping people find property in the Inner West as there are some truly wonderful properties to be found, some of which are sold for surprisingly realistic prices.

LET US HELP YOU FIND YOUR DREAM INNER WEST HOME

COMPLETE PROPERTY SEARCH

Searching, inspecting, appraising, negotiating and managing pre-settlement actions on your behalf.

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APPRAISAL & NEGOTIATION

Applying market data and analysis to give current market value appraisals and bidding or negotiating on your behalf.

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AUCTION BIDDING

Engaging our expert negotiators to bid and negotiate at auction on your behalf.

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VENDOR ADVOCACY

Engaging our expert negotiators to bid and negotiate at auction on your behalf.

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RECENT INNER WEST PURCHASES

Inner West

the value of inside information.

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Inner West

Go for it…enormous help to us.

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emotional support invaluable

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did the key-work for research

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lifted a huge weight off of me

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Anna managed the situation superbly

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READY TO STOP LOOKING AND START LIVING?

The next step is to complete your Property Brief now. This helps us to not only start researching listings which cater to your specific needs, but also to match you with the buyers’ agent most experienced in your category. Once you’ve filled in the form and hit send we’ll contact you to arrange a meeting where we can discuss your choices in more detail and talk about the next steps.

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