All suburbs within 10 kilometres of the city centre, were well above the Sydney wide median of $2466 per square metre — which increased about 140 per cent over the decade.
Buyers’ agent Hamada Alameddine of BuyerX was increasingly seeing inner west clients, particularly young families, turn to suburbs like Ashbury, Ashfield, Arncliffe, Earlwood and Canterbury to get better value for their money.
“A lot of people are moving further west … they want more space because they’re looking to start a family or have young kids,” he said.
“In that $1.5 million to $2 million range in those suburbs, we’re talking about them getting a three to four-bedroom house on 350 to 500 square metres.”
While buyers were getting more space, the compromise was often a longer commute time to work, shops and other amenities. But some suburbs struck a good balance.
“You’re always going to make compromises [when on a budget], you’re going to give up one thing to get something better.”
Canterbury local Sonia Battistini is selling her three-bedroom home, but hopes her family can stay in the area.
She praises the suburb for its local shopping, cafés, pool, ice rink, access to the Cooks River walking track and greenery, as well as its proximity to inner west suburbs such as Marrickville, Dulwich Hill and Summer Hill.
The train line offers an easy commute to the city, and Canterbury station will be part of the…
Original Author Link click here to read complete story..
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Source: https://mmpconnect.com/sydney-best-value-suburbs-within-10km-of-cbd-revealed/?utm_source=rss&utm_medium=rss&utm_campaign=sydney-best-value-suburbs-within-10km-of-cbd-revealed