Whether you’re seeking luxury or affordability, Sydney’s property market offers something for everyone. At Entourage Hub, we specialize in helping home buyers and investors find the right property in prime locations. With Sydney's housing market continuing to rise, we’re seeing strong growth in several suburbs, catering to different budgets and needs.
Over the past six months, Sydney has experienced a slight increase in housing supply, but this hasn’t slowed down growth, particularly in the house market. According to Theo Chambers, CEO of Shore Financial, Sydney’s median house price jumped by 11.6% over the year to July. Even with a rise in listings, demand remains high, especially for houses, creating excellent opportunities for buyers and investors alike.
Here are five standout suburbs in Sydney that are poised for significant growth in the coming months.
1. Emu Plains – Affordable and High Growth
For those looking for great value, Emu Plains offers affordability without sacrificing potential growth. Situated on the western fringes of Sydney, at the foothills of the Blue Mountains, Emu Plains boasts a median house price just under $1 million. The suburb has seen an 8.6% increase in house prices over the last 12 months and is projected to grow another 5% in the next six months.
With its close proximity to nature and ongoing demand, Emu Plains is an ideal location for first-time buyers and investors.
Entourage Hub’s Insight: Emu Plains offers a unique opportunity for those looking to secure a property in one of Sydney’s up-and-coming suburbs. With limited inventory and rising demand, now is the time to act.
2. Liverpool – Investor's Paradise
Moving closer to the city, Liverpool offers a median house price of $1 million, making it one of Sydney’s more affordable suburbs while still within reach of the CBD. The suburb is particularly attractive to investors, as over 60% of residents rent their homes. With an 18.4% increase in house prices in the past year and limited housing supply, Liverpool’s growth is expected to continue.
Entourage Hub’s Insight: Liverpool’s rental market and strong growth potential make it a prime location for property investment. Whether you’re looking for a long-term rental or a property to flip, Liverpool provides excellent opportunities.
3. Camperdown – Inner-West Convenience
Home to the University of Sydney, Camperdown offers a vibrant urban lifestyle with a median house price of $2,050,000. The majority of properties are medium-density, consisting of apartments or terraced houses, making it ideal for buyers seeking low-maintenance living. With its proximity to the city and ongoing demand, Camperdown is expected to see over 5% growth in the next six months.
Entourage Hub’s Insight: Camperdown's location and vibrant lifestyle make it a highly competitive market. For buyers looking for an inner-west property with strong growth potential, this suburb is a perfect choice.
4. Manly Vale – Family-Friendly Northern Beaches
Located just minutes from the iconic Manly Beach, Manly Vale offers a family-friendly environment with a median house price of $3,000,000. Over the past 12 months, the suburb has seen 11.4% growth, with more gains expected in the coming months. The demand here is high, with properties selling in just 24 days on average.
Entourage Hub’s Insight: Manly Vale’s coastal lifestyle and quick property turnover make it an attractive option for buyers and investors. Families looking to settle in the Northern Beaches should act fast to secure a property in this high-demand suburb.
5. Concord West – Affluent and Convenient
For buyers seeking luxury, Concord West is an affluent suburb located near Strathfield and Burwood, with strong transport links to the CBD. With a median house price just over $2.8 million, the area is dominated by owner-occupied, freestanding homes. Concord West is expected to see continued growth throughout 2024, making it a great option for those looking for high-end properties with long-term growth potential.
Entourage Hub’s Insight: Concord West offers a blend of luxury, convenience, and growth potential. Its affluent reputation and solid growth make it a strong choice for buyers looking to invest in a premium property.
Ready to Explore Sydney's High-Growth Suburbs?
At Entourage Hub, we specialize in helping you navigate Sydney's dynamic property market, offering tailored solutions for buyers and investors. Whether you’re looking for an affordable family home or a high-end investment property, our team is here to guide you through every step of the process.
Contact us today to discover how we can help you secure your dream home or investment in Sydney’s thriving suburbs.