Sydney is one of the most expensive cities in the world, with the cost of living skyrocketing in recent years. However, there are still some suburbs that offer affordable housing options for those looking to live close to the city centre. In this article, we will analyse the most affordable suburbs near Sydney CBD and what they have to offer.
The first suburb we will look at is Marrickville. Located just 8 kilometres from the CBD, Marrickville is a great option for those looking for an affordable place to live. The median house price in Marrickville is $1.3 million, which is much lower than the Sydney median of $1.7 million. The suburb also has plenty of amenities, including a range of shops, restaurants and cafes, as well as public transport links to the city centre.
The next suburb on our list is Leichhardt. This suburb is located just 6 kilometres from the CBD and has a median house price of $1.4 million. Leichhardt is known for its vibrant Italian culture and has a range of Italian restaurants, cafes and shops. The suburb also has excellent public transport links to the city centre and is close to a number of parks and recreational areas.
Another suburb that offers affordable housing options near Sydney CBD is Newtown. Located just 5 kilometres from the CBD, Newtown has a median house price of $1.5 million. The suburb is known for its vibrant nightlife and has a range of bars, pubs and clubs. It also has excellent public transport links to the city centre and is close to a number of parks and recreational areas.
Finally, we will look at Balmain. This suburb is located just 4 kilometres from the CBD and has a median house price of $1.6 million. Balmain is known for its historic buildings and cobblestone streets, as well as its range of shops, restaurants and cafes. The suburb also has excellent public transport links to the city centre and is close to a number of parks and recreational areas.
In conclusion, there are a number of suburbs near Sydney CBD that offer affordable housing options. Marrickville, Leichhardt, Newtown and Balmain are all great options for those looking for an affordable place to live close to the city centre. Each suburb has its own unique charm and offers plenty of amenities, as well as excellent public transport links to the city centre.
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