Recently there was an article in Domain titled “Why we live where we live”. The article didn’t specify which suburbs are “best” but the first person to post a comment named Mosman, in Sydney’s Lower North Shore, as their number one suburb. This prompted an avalanche of comments in which Mosman was given a caning!
The following list is by no means the result of a reliable survey but, for what it’s worth, these suburbs were also mentioned as great places to live by other respondents to the article:
Eastern Suburbs – Kings Cross, Darling Point, Elizabeth Bay, Botany, Alexandria, Bronte, Vaucluse (2 mentions!!), Watsons Bay and the postcode 2030, which covers Vaucluse, Watsons Bay, Rose Bay North and Dover Heights
Northern Beaches – Dee Why, Harbord, Narrabeen, Manly
Inner West – Annandale, Summer Hill, Balmain
North Shore – Roseville, Balmoral, Chatswood
St George – Beverley Park (2 mentions!!), Oatley
Northern Districts - Carlingford
Looks like the Eastern Suburbs tops this survey. The one thing everybody seemed to agree on is that the best place to live really depends on what life stage you are in. Common sense really…
Click on this link to read the article and the comments it provoked for yourself: http://blogs.domain.com.au/2009/07/why_we_live_where_we_live_pick.html
For more information on Good Deeds Property Buyers: http://www.gooddeeds.com.au/
Showing posts with label Alexandria. Show all posts
Showing posts with label Alexandria. Show all posts
Friday, August 7, 2009
Monday, June 8, 2009
Some helpful statistics.
We are always being asked what are the best suburbs to buy in. If you are buying for investment you usually need a combination of yield and capital growth (not taking into account depreciation and other aspects). Recently we compiled this list of top investment suburbs from the Australian Property Monitors database.
Units - we reviewed all Sydney suburbs within a rough 15km radius of the CBD and selected all those with a rental yield of 5% or more and a 3 year average positive capital growth rate of 5% and above. 17 suburbs fulfilled this criteria and a further 12 had yields over 5% and a 3 year average positive capital growth rate of under 5%.
Here are the top 5: Chippendale, Alexandria, Kogarah, Arncliffe, Waterloo
Houses – we reviewed all Sydney suburbs within a rough 10km radius of the CBD and selected all those with a rental yield of 4% or more and a 3 year average positive capital growth rate of over 5%. Note – there are no suburbs within 10-15km radius of the CBD that have this combination of yield and cap growth. 16 suburbs fulfilled this criteria.
Here are the top 5: Chippendale, Alexandria, Lane Cove North, Darlington, Camperdown
If you'd like to see the yields and growth stats for these suburbs, contact me through http://www.gooddeeds.com.au/
Units - we reviewed all Sydney suburbs within a rough 15km radius of the CBD and selected all those with a rental yield of 5% or more and a 3 year average positive capital growth rate of 5% and above. 17 suburbs fulfilled this criteria and a further 12 had yields over 5% and a 3 year average positive capital growth rate of under 5%.
Here are the top 5: Chippendale, Alexandria, Kogarah, Arncliffe, Waterloo
Houses – we reviewed all Sydney suburbs within a rough 10km radius of the CBD and selected all those with a rental yield of 4% or more and a 3 year average positive capital growth rate of over 5%. Note – there are no suburbs within 10-15km radius of the CBD that have this combination of yield and cap growth. 16 suburbs fulfilled this criteria.
Here are the top 5: Chippendale, Alexandria, Lane Cove North, Darlington, Camperdown
If you'd like to see the yields and growth stats for these suburbs, contact me through http://www.gooddeeds.com.au/
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