An apartment in Rosehill for under $200,000 is Sydney's most affordable property right now.
Sydney's top ten most affordable properties have been ranked by SQM Research. Outer-suburban properties dominate the list, though units in Darlinghurst, Chippendale and Maroubra also make an appearance in the top ten. All of the top ten properties are within commuting distance of Sydney, and the firm hasn't included any Blue Mountains properties, which would have accounted for all of the top ten.
Here are the top ten:
Rank | Address | Suburb | Postcode | Initial price | Now asking | Reduction | Days on Mkt |
Link | |||
1 | 11/110-114 James Ruse Dr | Rosehill | 2142 | $235,000 | $195,000 | 17% | 175 | link | |||
2 | 57 Cogra Bay | Cogra Bay | 2083 | $295,000 | $215,000 | 27% | 1778 | link | |||
3 | 99 Kalinda Rd | Bar Point | 2083 | 320,000 | $280,000 | 13% | 133 | link | |||
4 | 23/179 Darlinghurst Road | Darlinghurst | 2010 | $435,000 | $350,000 | 20% | 455 | link | |||
5 | S4/81-83 Merrylands Road | Merrylands | 2160 | $540,000 | $390,000 | 28% | 210 | link | |||
6 | 26 Kalinda Road | Bar Point | 2083 | $595,000 | $495,000 | 17% | 1456 | link | |||
7 | 12/166 Bridge Road | Westmead | 2145 | $570,000 | $499,000 | 12% | 280 | N/A | |||
8 | 11a Big Jims Reach | Bar Point | 2083 | $650,000 | $500,000 | 23% | 1540 | link | |||
9 | 48/12-26 Regent Street | Chippendale | 2008 | $728,000 | $620,000 | 15% | 427 | link | |||
10 | 19/1 Brown Road | Maroubra | 2035 | $890,000 | $750,000 | 16% | 112 | link |