Sydney’s property price growth is expected to slow this year, but the experts are predicting that some suburbs will still be in strong demand. From some of Sydney’s best-known suburbs to underrated gems, Domain listed areas that expert buyers and sellers have their eyes on for the year ahead – here are the areas we can assist you with…
The beachside suburbs of Maroubra and Coogee is on buyer’s agent Lloyd Edge, managing director of Aus Property Professionals radar for 2022. “While expensive, with respective house medians of $2.41 million and $3.5 million, he felt that both – but Maroubra in particular – offered better value for money than other waterfront suburbs in the east, and would continue to draw upsizers from neighbouring suburbs,” he says.
He adds, “Nearby Kingsford and Kensington were also likely to be popular, for both upsizers and first-home buyers looking to units with good proximity to the city, beach, and parks. The south-east was also seeing increased interest due to the light rail line and this would likely grow as more people returned to the office.”
Looking to buy or sell?
If you’re looking to buy in these mentioned areas or surrounding suburbs, or you would like to discuss the current market value of your property, please contact James Giltinan on 0417 250 691 or james@coogeeere.com.au – I’d love to chat.
{Source: Domain}