Sydney’s Inner-City Star Performers
Some of Sydney’s top performers in the apartment category have been those in the mid-range, situated in the lower North Shore and the city-east areas. Various inner-city locales have yielded great capital growth, which bodes very well for investors looking for inner-city investment property.
Sydney’s North Shore is the primary residential area of northern metropolitan Sydney. Some of its suburbs, such as McMahons Point, Waverton, Hunters Hill, and North Sydney, have show excellent growth for mid-range properties below the $600,000 price mark.
Growth has been estimated to have been as much as 10 per cent in the past year for the area. Given their excellent rental returns, one-bedroom and studio units and apartments have proven to be the most popular, particularly for property investment.