There are plenty of doomsday reports about Sydney property price growth falling – but fear not! Every property market has its ups and downs, which is why it’s called the property market cycle.
Way back in the 80s, Sydney first homebuyers were saying a similar thing – “Can Sydney property price growth get any more crazy?!”
And then in the middle 00s we saw Sydney property price growth turn in the opposite direction.
So what does that mean for first homebuyers looking to buy property in Sydney? Is it too late to buy a house in a Sydney? And which are the best suburbs to buy in Sydney? We’ve created an infographic to help you out, including a recent history of Sydney property price growth and the best Sydney suburbs to live in.
RESOURCES:
Mercer, “2015 Quality of Living Survey”, https://www.imercer.com/content/quality-of-living.aspx accessed Dec 31, 2015.
Jo Vadillo, “Top 10 Sydney Suburbs for 2016”, Smart Property Investor. http://www.smartpropertyinvestment.com.au, accessed Dec 31, 2015.
Matt Wade, “Sydney’s most liveable suburbs: the Urban Living Index”, Sydney Morning Herald. https://www.smh.com.au/national/nsw/sydneys-most-liveable-suburbs-the-urban-living-index-20151118-gl1tx0.html, accessed Dec 31, 2015.
Jennifer Duke, “Sydney’s 2016 growth suburbs: Domain Group”, Domain Group. http://www.domain.com.au/news/sydneys-2016-growth-suburbs-domain-group-20151216-glnicu/, accessed Dec 31, 2015.