Sydney’s property market is renowned for its strong capital growth and high prices but certain suburbs have proven to be particularly good for homeowners.
These areas not only offer a great lifestyle but are also very much blue chip for a reason.
There are a number of suburbs where resellers continually sell at a profit on the back of steadily rising prices and are popular locations for buyers agents in Sydney to find great properties.
Here are five of the top locations.
Northern Beaches
The Northern Beaches region tops the list, with 98% of property resales resulting in capital gains over the past decade. This area’s success comes on the back of strong demand given the unique combination of natural beauty and lifestyle offerings that are common.
Across the northern beaches, there’s a great community atmosphere, and opportunities for boating, surfing, and exploring the local marine park. These things have made the Northern Beaches increasingly desirable, attracting a broad range of buyers and propping up prices. Our Sydney buyers agency is active across the Northern Beaches.
Woollahra
Woollahra in the Eastern Suburbs ranks a close second, with 97.8% of property resales being profitable. This affluent suburb is known for its prime location close to Sydney’s CBD, making it very appealing to professionals and families alike.
Woollahra is characterised by its beautiful homes and tree-lined streets, that offer a picturesque environment just minutes from the hustle and bustle of the city. There’s also a great combination of high-end shopping, dining and events that make it truly a blue-chip location and make it a key location for our Sydney buyers agency.
Blue Mountains
The Blue Mountains also boasts a 97.8% profitability rate, offering a lifestyle that is very different from the more inner city areas of Sydney. This region is renowned for its world heritage-listed national parks, stunning natural beauty, and extensive bushwalking trails. The Blue Mountains offer an outdoor paradise that appeals to those seeking a tree-change, providing a peaceful getaway from city life.
Hawkesbury
Hawkesbury, with a 97.7% profitable resale rate, offers a unique blend of rural charm and city proximity that appeals to a wide range of buyers. This region is known for its rich history, scenic landscapes, and larger properties, making it an attractive option for those looking for something more spacious on top of a tranquil lifestyle. Despite its rural setting, Hawkesbury is still within easy reach of Sydney, providing the perfect balance between country living and city life.
Randwick
Randwick, also with a 97.7% profitability rate, combines the best of coastal living with the convenience of city amenities. This suburb is ideally located close to some of Sydney’s most famous beaches, offering residents the chance to enjoy a relaxed, beachside lifestyle without sacrificing access to the city. Randwick’s vibrant cultural scene adds to its appeal, with numerous cafes, restaurants, and entertainment options available to residents.
The balance of coastal charm and urban convenience has kept property values strong in Randwick, making it a popular location for our Sydney buyers agency.
