Where to Live in Sydney: Top 9 Suburbs to Call Home
Whether you’re looking for culture or quiet, there’s a suburb in Sydney to suit every type of lifestyle.
Sydney’s suburbs are diverse. From the leafy northern neighbourhoods to the energetic inner west and chic coastal enclaves, there’s something for everyone. When hunting for a home keep in mind variables such as public transport, local amenities, health and education as well as expected return on investment. Here are nine Sydney suburbs that fit the bill.
The stylish suburb of Woollahra attracts professionals and families for its leafy streets, boutique shopping strips and proximity to Oxford Street, Centennial Park and Bondi Junction. It offers easy bus routes to the CBD and eastern beaches and access to both fantastic public and private schools. A mix of heritage-listed homes and art deco apartments, Woollahra real estate is a sound investment, having enjoyed more than 11% gains over the last 12 months.
Laid-back Coogee couples a beautiful beach with ocean pools, green spaces and a vibrant café and bar scene. It’s renowned for its outdoor lifestyle with cliff-top walking trails, sports fields and picnic spaces framing stunning coastal views. The suburb is experiencing strong price growth with median units rising to $1.2 million and house prices topping $3 million. It’s no wonder thanks to its excellent local schools, abundant grocery stores and express bus into the CBD.
The harbourside suburb of Neutral Bay ranks as one of Sydney’s most liveable suburbs thanks to its proximity to the CBD, relaxed lifestyle and access to beaches and excellent schools. It saw strong price increases for both houses and units last year, spanning small apartments to historic cottages and luxury mansions. The suburb is just a short bus or ferry ride into town and offers an excellent range of supermarkets, eateries and cafes.
Just 20 minutes’ drive to the city centre, Homebush is one of Sydney’s most in-demand neighbourhoods for families. With a multicultural community, relaxed lifestyle and abundant food and fitness options, this suburb is one to watch delivering more than 36% capital gains over the last year. It offers a mix of new, high-end apartments, townhouses and old cottages with a median price of $1,569,000 for houses to $607,000 for units.
With a thriving dining and shopping scene flanked by pretty green streets, Chatswood continues to entice homebuyers. It boasts a melting pot of cultures, reflected in its delicious global eats. There are two major shopping centres, along with arcades, specialty grocery stores and food courts. The suburb has excellent transport links with buses and trains, and a diverse housing market spanning studios and apartments to family homes.
The historic neighbourhood of Balmain offers a stylish village lifestyle, serene gardens and spectacular harbour views. Attracting both families and young professionals, average prices in this inner-west pocket have soared to more than $2 million for houses and $1.2 million for units. Despite its small land sizes, Sydneysiders are lured by the suburb’s thriving café culture, foreshore parks and both bus and ferry connections to the CBD.
The inner-city suburb of Potts Point has become a bustling foodie precinct, home to some of Sydney’s most notable restaurants and bars. Its tree-lined streets are dotted with art deco and Victorian homes, creating a pretty streetscape that frames glistening harbour views. Neighbouring Kings Cross plays host to popular weekend markets and is a quick train ride into the city centre. Property prices have increased 7% of over the past year with a median unit price of $810,000.
Nestled between Bronte Beach and Centennial Park, the coveted eastern suburb of Waverley is surrounded by nature and well connected to the CBD. It offers quick access to parklands and beaches and the transport hub of Bondi Junction. Average house prices range from $1,180,500 for units to almost $3 million for houses.
Those looking to be in Sydney’s cultural heartland, Newtown is often dubbed the city’s coolest neighbourhood. Along King Street you’ll find back-to-back restaurants, cafes and independent boutiques. The suburb is effortlessly connected to the CBD from Newtown Station and has a vibrant community with a large student population. It has seen strong growth over the past five years, and is a sought-after spot for investors, considering its rental yield of 2.7% for houses and over 3% for units.
*All statistics sourced from Core Logic, Realestate.com.au and Domain.
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