top-ten-sydney-nsw
The top picks in Sydney are from around 15 to 40 kilometers from the CBD. Image: Canva.
  • Next year's likely lending restrictions will see the demand for housing increase in locations where price growth has lagged
  • Easing COVID-19 restrictions should see housing stock levels rise
  • "Buyers need to be clear about their strategy and be able to act wisely," said Pete Wargent from BuyersBuyers.com

Lending restrictions will cause a housing demand ripple effect in some locations where price growth has lagged, according to BuyersBuyers.com and RiskWise Property Research.

BuyersBuyers.com co-founder Pete Wargent said stock levels have been unusually low through this cycle to date but should pick up as COVID-19 restrictions are eased.

“We believe there will be more choice for buyers over the coming 3 to 6 months, but as the market for detached homes is still competitive, buyers need to be clear about their strategy and be able to act decisively.”

Sydney

Mr Wargent said, “affordability will begin to bite for houses in Sydney’s top performing suburbs next year, but there are still suburbs and pockets where prices have not blown off.

“These areas offer an opportunity to catch this property wave for buyers in Sydney.”

RiskWise Property Research founder Doron Peleg said, “just as all our top 10 danger zone suburbs have been focused on units, the top picks for buyers are all focused on houses in suburbs where prices remain relatively reasonable.

“In Sydney, the top picks range from around 15 to 40 kilometers from the center of the city, and we expect family-appropriate housing in these suburban locations to perform well from here.”

Top 10 Sydney Property Picks

Suburb Postcode Distance from the CBD (in km) Median Price ($) 1-Year Growth
Blacktown 2418 30 793,870 15.5%
Greystanes 2415 25 988,509 14.8%
Glenmore Park 2745 50 912,045 18.5%
Engadine 2233 28 1,128,349 14.2%
Glenwood 2768 29 1,240,051 15.5%
Bossley Park 2176 30 889,671 18.1%
Bexley 2207 12 1,436,496 16.9%
Casula 2170 30 912,446 18.1%
Winston Hills 2153 23 1,252,810 19.7%
Campbelltown 2560 43 662,879 10.2%

RiskWise Property, CoreLogic

Sydney-top-10
Top picks are around 15 to 40 kms from the CBD. Image – Canva.

Regional NSW

Mr Peleg said regional house price growth has been exceptionally strong over the past year, and the best picks all have median prices of under $1 million.

“We expect there to be some curbs on lending in 2022, so buyers should be mindful of this.”

Top 10 Regional NSW Property Picks

Suburb Postcode Distance from the CBD (in km) Median Price (in $) 1-Year Growth
Umina Beach 2257 40 941,015 31.8%
Banora Point 2486 666 822,267 30.8%
Figtree 2525 71 879,962 23.1%
Medowie 2318 140 635,698 23.6%
Woy Woy 2256 43 850,672 30.4%
Horsley 2530 80 794,075 20.4%
Nelson Bay 2315 154 797,856 25.1%
Oak Flats 2529 85 726,595 21.2%
Corlette 2315 153 848,082 26.2%
Ballina 2478 600 832,928 35.5%

RiskWise Property, CoreLogic

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