Almost a quarter of all home buyers in NSW have their sights set on a home in the inner-city lifestyle suburbs, according to a new survey.
Just over 22% of NSW residents planning to buy a property in the next 12 months surveyed in the latest Commonwealth Bank / Mortgage & Finance Association of Australia Home Finance Index say a home in the Sydney City area was their preferred location.
Just over 9% of buyers are looking at properties in the outer northwest ‘hills district’ suburbs, like Box Hill up to 30km from the CBD.
A total of 5.6% of property buyers said they had also looked at buying in the inner west suburb of Newtown, the outer northwest suburb of Richmond and the inner west suburb of Croydon.
An equal 4.6% of respondents said they were looking to inner west Leichhardt, the southern suburb Cronulla, north west Kellyville and outer west Campbelltown.
The inner city suburb of Ultimo, Como and Maroubra in southern Sydney, Castle Hill and Windsor in the north west, Glenelg in the central west and Kingsford in south west Sydney all ranked an equal 3.7%.
Where are you planning to invest in NSW over the next 12 months? Join the debate by commenting below
Can you afford to buy in this suburb? Find out how much you can borrow
Top Suburbs :
east victoria park
Get help with your investment property
Do you need help finding the right loan for your investment?
When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.
Just fill in a few details below and we'll then arrange for a local Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus and appointment is free.
We value your privacy and treat all your information seriously - you can check out