Investing in a home or any other property is one of the most significant investments you will make in your lifetime. In order to make a prudent investment, it is essential to stay informed about what is happening in the field of property development australia, so you can get the best price possible for whatever type of investment you are looking to make.
Here are eight areas on the Northern Coast which are currently posting strong growth figures, making them a great place to consider investing in real estate this year.
This suburb is located within close distance of Terrigal, Erina, and Ocean Beaches. The local shops are currently undergoing a facelift, which will only add to the existing charm of this small coastal community.
The median price of the house has gone up by 8.3% in the last 12 months and shows no signs of lowering any time soon!
2. Kogarah Bay
The bay is located on the beautiful Kogarah Bay, just 10 minutes south of Sydney CBD. The strong growth figures in this area show it has plenty of things for investors to keep an eye out for, including new cafes and restaurants that are popping up all over the place.
It’s also home to St George Leagues Club, which hosts a range of entertainment options for the locals.
Located on the Central Coast, this suburb is about 30 minutes from Newcastle and 15 minutes from The Entrance.
It is well-known for its thriving shopping centre, including cafes, restaurants, specialty shops, and much more. There are also plenty of natural bushlands that would make the perfect family outings.
Located on the southern end of beautiful Jervis Bay, Hurstville is a suburb witnessing the best impact of property development in Australia. It offers an easy commute into Sydney CBD and some great schools for families to make their home in.
The median house price increased by 6.5% in the last 12 months, showing it’s worth considering for investors.
A suburb on the rise, Villawood is located close to Parramatta CBD and offers buyers easy access to all amenities.
The median house price increased by 12.5% in the last 12 months, which is enormous! New townhouse developments also show plenty of growth potential for investors looking into this area.
Arncliffe is located just south of Sydney CBD and is popular with Sydneysiders looking to live on the city’s doorstep. There’s plenty of cafes, shops, and dining opportunities in this area, attracting new residents from all walks of life.
The median price of the house went up by 7.5% in the last 12 months, showing plenty of investors still bullish on this area.
This vibrant suburb is home to some of Sydney’s best nightlife and entertainment. It is located within close distance of Parramatta and Bankstown and offers locals easy access to all amenities, including Westfields, restaurants, and more.
The median house price increased by 13% in the last 12 months, which is worth thinking about for investors looking to get into this market.
Schofields is located on the fringe of Sydney and offers buyers easy access to the city while still being close to all amenities. This suburb is also well-known for providing buyers with an affordable price point for real estate.
The median house price increased by 8.3% in the last 12 months, spilling out opportunities.
Now that you know about all the action happening around the Northern Coast of NSW, it is the right time to think about how to get into this market and set yourself up for a successful 2022.