The 5 Best Suburbs to Invest in Sydney in 2022
- Haynes Wileman
- Feb 1, 2022
- 2 min read
Where are the best locations to invest in Sydney property in 2022?
The latest Corelogic stats show that Sydney house values grew 4.3% over the last quarter and 25.8% over the last year.
Australia’s most expensive capital city has also been the city that has seen property prices continue to rise strongly and steadily.
The resurgence of the buyer and seller interest in the Sydney property market has meant that auction clearance rates have consistently been in the high 70% – 80% range suggesting there are more buyers than there are sellers and this always leads to higher Sydney home prices.
Here we have pulled together the latest data on the median property price for Sydney.
1. Coogee
Coogee is a gentrified coastal suburb South-East of Sydney CBD which will see the benefits of infrastructure projects over 2020.
The South-East Light Rail project is a $2.2B project and will see a 12km light rail network connect Circular Quay to Kingsford.
In addition to the light rail, a $5M upgrade of the Coogee Bay Road town centre commenced in September 2018.
Distance from CBD: 8km South East
Total population: 14,012
Median Household Income: $2099 (weekly)
Walk Score: 79 – Very Walkable
2. Kingsford
Kingsford is a residential suburb, South East of Sydney CBD and situated directly south of the University of New South Wales.
It has cultural amenities along Anzac Parade and Gardners Road and is less than 5 km from Coogee Beach.
Kingsford will also benefit from the South-East light rail project with a direct connection to the CBD.
Distance from CBD: 7km South East
Total population: 14,100
Median Household Income: $1227(weekly)
Walk Score: 82 – Very Walkable
3. Kensington
Kensington is located South-East of Sydney CBD in the local government area of the City Of Randwick.
Kensington lies to the immediate south of Moore Park and west of Randwick Racecourse.
The principal landmarks of the suburb are the main campus of the University of New South Wales, National Institute of Dramatic Arts (NIDA) and the exclusive Australia Golf Club.
Kensington will also benefit from the South-east light rail project.
Distance from CBD: 6km South East
Total population: 12,776
Median Household Income: $1498(weekly)
Walk Score: 81 – Very Walkable
4. Maroubra
Maroubra is a beachside suburb in the Eastern Suburbs of Sydney and located South-East of Sydney CBD.
Maroubra is the largest suburb in the area governed by Randwick City Council in both area and population.
Distance from CBD: 10km South East
Total population: 29,594
Median Household Income: $1428(weekly)
Walk Score: 74 – Very Walkable
5. Neutral Bay
Neutral Bay is a harbourside suburb on the Lower North Shore of Sydney.
It is north of Sydney CBD in the local government area of North Sydney Council.
Surrounding suburbs include Cammeray, Milsons Point and Cremorne.
Distance from CBD: 1.5km North
Total population: 9384
Median Household Income: $2073(weekly)
Walk Score: 85 – Very Walkable
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