Sydney's Next $2 Million Suburbs
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Sydney’s Next $2 Million Suburbs

With NSW capital has eclipsed the $1 million median house price and has a new target.

By Terry Christodoulou
Tue, Nov 9, 2021Grey Clock 2 min

Sydney housing prices have ascended more than 20% in the past year with the median house price climbing past $1 million the next mark on the horizon will be the $ 2 million median house price mark.

Founder of Buyer’s Domain, Nick Viner, thinks there are a number of suburbs across Greater Sydney that will soon cross the $2 million threshold.

Leichhardt is Mr Viner’s top pick, with a current median house price of $1.76 million.

“Leichhardt is the very definition of a ‘bridesmaid’ suburb,” said Mr Viner.

“Its neighbouring suburbs comprise $2 million-plus locations such as Annandale, Lilyfield and Haberfield.”

With its position just 5km from Sydney’s CBD, and a multitude of transport options, it’s a good choice according to Mr Viner.

Alexandria is second on the list,  currently with a median house price of $1.875 million. The affluent and desirable inner-east suburb is nearby to Sydney best lifestyle suburbs, cafes, restaurants retail and close to the CBD.

Mr Viner says the key to Alexandria is knowing the location.

“The key to making the most gains here is buying in one of the suburb’s best streets.

“That’s either in the ‘golden triangle’, as it’s known or on Lawrence St or Belmont St.

“You might have to pay a bit more for these locations.”

Rosebery is close to some of the most high profile suburbs in Sydney and could benefit from the proximity. With a current median house price of $1.845 mullion, Mr Viner said it’s posted to enjoy strong capital growth in the coming months and years.

“Like Alexandria, this suburb is on the edge of the inner-east suburbs, so it is extraordinarily well placed to enjoy strong capital growth in the coming months and years,” he said.

“The challenge for the budget-conscious buyer here is finding stock – it’s an incredibly tight market with many houses well over $2 million already,” added Mr Viner.

Summer Hill and Newtown — median house prices of $1.952 and $1.68 million respectively — are the final two inner west suburbs that Mr Viner tips to break $2 million median house pirce soon.

With Summer Hill, Mr Viner said the nature of the suburbs made it appealing.

“Summer Hill has a wonderful village feel with a strong community vibe,” he said.

“It has great local shopping and other facilities, and the train can get you to the CBD in about 20 minutes.”

While Newtown’s proximity to the CBD and Sydney University made it an attractive location.

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By Robyn Willis
Fri, Aug 19, 2022 < 1 min

Treechangers seeking a home and income should take note of this west coast property in picturesque Pickering Brook in the Perth Hills, which comes with its own live-in residents.

Known as ‘the Margaret River of the Hills’ the area boasts stunning bushland while being just 30 minutes from all the amenity Perth has to offer.

With eight bedrooms and 10 bathrooms, this property is a home and business, operating as a thriving day spa, Hidden Valley Eco Lodges and Day Spa.

The private main residence is made of rammed earth for thermal comfort and has three bedrooms, luxurious bathroom and a large open plan living area. A private jacuzzi on the spacious entertaining deck is the perfect spot for enjoying beautiful bushland views at the end of a long day.

For day spa guests, there are four deluxe spa treatment rooms serviced by qualified staff, a reception area and lounge plus a commercial kitchen. Overnight guests can choose from five lodges with fully equipped kitchen and heated jacuzzi. As a going concern with a consistently high annual turnover, it’s a unique opportunity for the right buyer.

Set over 5.46ha, the property is also home to a very special group of residents: a small herd of alpacas, which are included in the sale.

Price guide: $6.5 million

Inspection: By expression of interest

Agent: Susanne Broido, The Agency 0499 770 237