Frequent question: Where should i buy an investment property in sydney?

1. Narrabeen.
2. Collaroy.
3. Bardwell Park.
4. Fairlight.
5. Cronulla.
6. Petersham.
7. Bexley.
8. Coogee.

Furthermore, is property a good investment in Sydney? Put simply, property investing is great for first-time investors, unlike investing in the stock market. It is relatively easy to understand and, as long as you do your due diligence when buying, you don’t have to have an in-depth understanding of property to be able to invest.

Considering this, where in Australia is the best place to buy an investment property?

1. Sunshine Coast, Queensland.
2. Bendigo, Victoria.
3. Rockingham, Western Australia.
4. Central Coast, New South Wales.
5. Toowoomba, Queensland.
6. Blacktown, New South Wales.
7. Marion, South Australia.
8. Orange, New South Wales.

Subsequently, where should I invest in NSW in 2021?

1. Blue Haven (Central Coast)
2. Cessnock.
3. Dubbo.
4. Goulburn.
5. Gwandalan (Central Coast)
6. Karabar (Queanbeyan)
7. Singleton Heights (Hunter Valley)
8. Tolland (Wagga Wagga)

Beside above, what suburbs will boom in Sydney?

1. Erskineville (12.6 per cent)
2. East Kurrajong (11 per cent)
3. Rockdale (9.1 per cent)
4. Bonnet Bay (6.2 per cent)
5. Kellyville (5.7 per cent)

One such suburb that you should be keeping a close eye on is Blacktown. Ideally positioned just 34km west of the Sydney CBD and just 10 minutes’ drive to Parramatta, Blacktown makes a solid investment and is a suburb that ticks plenty of boxes.

Is it a good time to buy property 2021?

Westpac sees the Sydney property market growing 27% in 2021 and 6% in 2022. Of course, over the past year, Australia’s property market values have increased at rates not seen in over a decade, and Sydney has led the charge. This has been good news for homeowners but heartbreaking for house hunters.

Is Parramatta a good place to invest?

Parramatta is already a huge business hub which is likely to see economic growth for years to come. With a shortage of rental options and exorbitant property prices in Sydney causing an extremely low number of first time buyers, buying to let in Parramatta yields fantastic returns on investment.

Is Hervey Bay a good place to invest?

Best investment properties Hervey Bay. … The essential infrastructure, including best quality health facilities, is already in place for the approximately 102,000 and growing residents in the region, making it a top pick for property investment.

What is the 2% rule in real estate?

The 2% rule is a restriction that investors impose on their trading activities in order to stay within specified risk management parameters. For example, an investor who uses the 2% rule and has a $100,000 trading account, risks no more than $2,000–or 2% of the value of the account–on a particular investment.

Is Bathurst a good place to invest?

Is Bathurst a good place to invest? From a rural area, Bathurst has evolved into a dynamic city primed for real estate growth. … Education and employment are also two reasons that attract families to relocate to Bathurst.

What is the fastest growing suburb in Sydney?

Coming out on top was Mortlake which grew a whopping 47.7% and now has a median house price of $1.67 million. It was closely followed by Liberty Grove, which shot up 41.9% and Homebush with 36.7%. Other suburbs that made the list included Abbotsford, Enmore, Cabarita, Rhodes, Lewisham, Camperdown and Concord West.

Is Coffs Harbour a good place to invest?

Why Coffs Harbour? Coffs’ strategic position between two major capital cities on Australia’s east coast and strong economic and population growth is making the region attractive to investors and first home buyers alike. … The current population of 75,000 is projected to grow to 96,000 by the year 2036.

Is Tamworth a good place to invest?

“With all the infrastructure going on in Tamworth – the airport and the abattoir – people are seeing it as a good investment destination. “And with an average return of 5.5 per cent on their investment, it’s hard to go wrong with an investment property in Tamworth.”

What is a good suburb to live in Sydney?

1. Croydon. What we liked: good value vs.
2. Putney. What we liked: very pretty streetscape, great water views, great public park spaces, peace & quiet, green, nice little cafe & dining hub.
3. Artarmon.
4. Summer Hill.
5. Concord.
6. Waverton.
7. Jannali.
8. Dulwich Hill.

Is Bondi a good investment?

If you are looking for an investment property, consider houses in Bondi rent out for $1,325 PW with an annual rental yield of 1.9% and units rent for $680 PW with a rental yield of 2.6%. Based on five years of sales, Bondi has seen a compound growth rate of 8.5% for houses and 5.0% for units.

What is a good rental yield Sydney?

1. 1: North Epping, Average Rental Yield of 2.49%
2. 2: Bexley, Average Rental Yield of 2.83%
3. 3: North Avoca, Average Rental Yield of 3.07%
4. 4: Marsfield, Average Rental Yield of %
5. 5: Killara, Average Rental Yield of 2.34%
6. 6: Petersham, Average Rental Yield of 2.90%

Is Glenwood a good suburb?

“Great suburb for families” Glenwood is a great suburb to raise a family aged from the very young children to teenagers or young adults. It has access to many close shopping centres providing a variety of options. It is only an hour (on average) into the city or to the airport.

Is schofields a good suburb?

“Great suburb and very well underrated” I have lived in Schofields for 3 years and the neighbourhood is great. … The suburb is clean and everything is under 5 minutes drive from shopping centres, station, playground and schools.