Close to the city and situated right on the bay, Brighton-Le-Sands is one of Sydney’s untapped sleeper suburbs. This small suburb five minutes from the M5 hasn’t been on the radar of many property investors; and yet, the suburb offers a cosmopolitan lifestyle right on the water.
Recognized for its strong community ties and friendly residents, Brighton-Le-Sands features a mixture of houses, townhouses, and high-rise apartment blocks, with new higher density developments currently under construction. It also has a vast amount of cafes, restaurants, bars and retail sites and a population with a relatively high disposable income.
In 2006, Rockdale Council implemented a 20-year master plan, commencing development of the area to create a social hub. In addition, work commenced on a new venue for national and international conferences and trade shows. There are also plans for the construction of an open air cinema and a five-star hotel.
Sam Elbanna, Managing Director for CPM Realty, has been observing the rise of this beachfront suburb in Sydney’s South. “It’s always a busy place,” he said. “Eating out on weeknights is a regular thing and most people that live there have pretty active social lives.”
“With the amount of development that is happening in the area, now is a good time to begin looking at investing in the area.”
Brighton-le-Sands has a high density of young to middle aged people, the majority of which rent, making it the perfect time to begin investing in houses and units before this bayside suburb appears on the radar of investors around the country.