Whilst some suburbs are experiencing low stock and low auction clearance rates, some suburbs are continuing to be in great demand especially by certain demographics. Some suburbs continue to outperform and it is unlikely that these areas will begin to experience decreased growth as apartments are in such great demand. The below list of popular suburbs is outlined below from realestate.com.au, did your suburb make the list?
MOST IN DEMAND SUBURBS BY APARTMENT BUYERS IN SYDNEY:
1. Balgowlah
2. Paddington
3. Greenwich
4. Annandale
5. Queenscliff
6. Artarmon
7. Fairlight
8. Freshwater
9. Menai
10. Wollstonecraft
Source: realestate.com.au
From 6 months to February 2018
PK Property have recently purchased apartments in 60% of these suburbs, whilst saving our clients money in these competitive markets.
If you need help searching for, evaluating or negotiating property, call me today for a confidential discussion on (+61) 2 99601066 or +61 419 200 018 or enquire today for more information about how PK Property Search & Negotiators can secure your next property for the lowest possible purchase price. Also don't forget to check out our 2 minute video tutorials on our PK TV page and/or subscribe to my Monthly Market Update for my thoughts and comments about what's happening in Sydney's property market, tips and tricks to use and much more!