Are you looking for the best suburb to invest in the real estate business in Sydney? Everyone wants to get the maximum profit in minimum time. In the case of real estate investment, you are bound to hold a property for a specific period to get maximum ROI. A strategic approach and excellent suburb can help you achieve your milestone quickly. The selection of a suburb is based on your circumstances, goals, and financial status.
In this article, you will find about the 7 best suburbs in Sydney to invest in the real estate sector. Please note that all the below mentioned suburbs are stable and show long-term performances. All these suburbs are proven for investing in the real estate business.
It is located in the inner west of Sydney with numerous grand Victorian buildings. You can easily invest in apartments and houses in Ashfield. The average annual growth unit of Ashfield is approximately 8.54% and the value of your property double in 8 to 9 years.
It is located in the North of Sydney. Generally, single or double story houses, stand-alone buildings, and semi-detached apartments are common here. The streets are implanted with lush green trees that attract home investors. The expert buyer’s agents in Sydney suggest you investing in the real estate business in Cammeray because ofthe total value of your property double in just 8.3 years.
It is located in the west of Sydney. The average annual growth rate is approximately 8.93%. If you are interested in investing in commercial real estate buildings including restaurants, café, crafts & fashion shops, organic food shops, bakeries, etc, Balmain is the best choice. Moreover, well-known personalities and artists live here.
It is located in the south of Sydney. Bexley gives you the freedom to invest in residential, commercial, or industrial sectors because you can easily find a relevant audience here. The value of your assets will increase two-fold in just 8.3 years. The professional buyer’s agents in Sydneyassist you in finding the best location to increase your ROI in Bexley.
It is located in the south-east of Sydney. The south-east light rail project has increased the value of properties in Kensington. Many educational and teaching institutes have campuses in Kensington. It is a great opportunity for you to buy an apartment and rent it to students. The average annual growth rate is 9.99% and the value of your property doubles in just 7 years.
It is located in the south of Sydney. It directly links with the railway station. Kogarahis considered being the center of the St George area. The average annual growth rate is approximately 8.60%. If you have invested in the residential sector, the value doubles after every 8 years. You can easily find long-term tenants.
If you are looking for the best suburb in NSW to invest in the real estate business, find an experienced property consultant in the Central Coast.