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The
Propertybuyer

Podcast

Hear the latest weekly insights into the property market via podcast by Rich Harvey, CEO and founder of Propertybuyer.

 
Fri 24 May '24 with Rich Harvey Granny Flats: Boost Your Yields & Faster Mortgage Repayments
 
 
Fri 3 May '24 with Rich Harvey Unpacking the Northern Beaches with Incredible Agents
 
 
Fri 29 Mar '24 with Rich Harvey How to build a $7 Million Property Portfolio from scratch
 
 
Sat 16 Mar '24 with Rich Harvey Why Invest in Melbourne?
 
 
Mon 26 Feb '24 with Rich Harvey Sydney’s Inner West – Hotspots and Outlook for 2024
 
 
Mon 12 Feb '24 with Rich Harvey Decoding Sydney’s North Shore Market – Outlook and Opportunities.
 

 

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Property advice, market updates & more

 

Opportunities still exist in Sydney's hottest suburbs

July 9, 2014 / Written by Rich Harvey

 

By Rich Harvey, CEO, propertybuyer.com.au

Beautiful homes, prime location and access to world-class amenities - sounds expensive, right? While there's no doubt Sydney has seen significant price growth in recent months, particularly in some of its more sought-after areas, home buyers still have a chance to scoop up great properties in premier suburbs.

As part of its July 2014 Month in Review report, Herron Todd White explored which areas offer the best opportunity for house hunters seeking a relatively affordable deal.

"Every year in July we take a hypothetical half million dollars and ask our offices to give their advice on where investors should be looking to spend it," the report stated.

"While many buyers may have given up hope of investing $500,000 (or less) in Sydney and gaining a first home or neutrally geared asset, opportunities do still exist, if you know where to look."

In order to afford a property at that price in Sydney, you'd likely have to sacrifice location, right? Wrong!

"A prime area for such an opportunity is Sydney's perennial overachiever, the Eastern Suburbs," the report continued.

"Specifically the inner eastern corridor from Surry Hills through Darlinghurst to nearby Potts Point, where you can still purchase studio and some 1-bedroom units for under $500,000."

If you're a first home buyer hoping to achieve an inner-city lifestyle, these properties could be an ideal match.

Meanwhile, the report showed that first-time buyers looking for more space may want to focus their attention on the city's west. Not only would those with $500,000 see opportunities for units, they'd also find a selection of detached family homes.

Of course, finding these properties can be much easier said than done. Fortunately, a Sydney buyers agent can help you zero in the properties throughout the city that suit both your needs and your bank account.

The Propertybuyer
Podcast

 
Fri 24 May '24
with Rich Harvey
Granny Flats: Boost Your Yields & Faster Mortgage Repayments
 
 
Fri 3 May '24
with Rich Harvey
Unpacking the Northern Beaches with Incredible Agents
 
 
Fri 29 Mar '24
with Rich Harvey
How to build a $7 Million Property Portfolio from scratch
 
 
Sat 16 Mar '24
with Rich Harvey
Why Invest in Melbourne?
 
 
Mon 26 Feb '24
with Rich Harvey
Sydney’s Inner West – Hotspots and Outlook for 2024
 
 
Mon 12 Feb '24
with Rich Harvey
Decoding Sydney’s North Shore Market – Outlook and Opportunities.
 

 

Listen to many more
podcasts on our
Podcasts page.