Hottest Suburbs to Buy Investment Property
June 10th, 2009 | 
Top value Sydney suburbs as rated by John McGrath are:
For investors and first homebuyers looking to buy between now and Christmas, I have 10 suburbs that I highly recommend as areas that provide great lifestyle and will outperform the market:
- Brighton Le Sands ($400,500)*
- Erskineville ($429,000)
- Glebe ($409,000)
- Dulwich Hill ($366,500)
- Annandale ($408,000)
- Leichhardt ($489,000)
- Neutral Bay ($520,000)
- Artarmon ($510,000)
- Lane Cove ($440,000)
- Freshwater ($420,000)
* Medium Apartment Prices; Source RP Data on 3 June 2009.
Current value buying areas – houses
We’ve seen significant declines in median house prices in some of Sydney’s best suburbs, indicating that greater value is now available for families and upgraders in outstanding locations – and probably only for a short time. My top ten value suburb picks are:
- Breakfast Point (-47 per cent) *
- North Avoca (-38 per cent)
- Palm Beach (-30 per cent)
- Bellevue Hill (-23 per cent)
- Pearl Beach (-20 per cent)
- Northwood (-20 per cent)
- Wombarra (-19 per cent)
- Seaforth (-18 per cent)
- Kensington (-17 per cent)
- Northbridge (-16 per cent)
* 12-month price changes; Source RP Data on 3 June 2009.
My picks are
- Erskinsville
- Glebe
- Lanecove
- Gordon for Apartments
and
- Granville
- Blacktown
- Ryde
- Mosman for houses
Keep Building Wealth with Property
Property Guru
Properties for Sale, Property Investors 
Tags: Apartment Prices, Bellevue Hill, Blacktown, Breakfast Point, Building Wealth, Current Value, First Homebuyers, Investment property, John Mcgrath, Leichhardt, Median House Prices, Mosman, Neutral Bay, North Avoca, Northwood, Palm Beach, Pearl Beach, Price Changes, Ryde, Sydney Suburbs
