Sydney is one of the biggest real estate investment hotspots in Australia although the property market has been fluctuating here for some time now. There are several suburbs which have been highlighted by market experts as the best places to invest for earning handsome future returns. Some of the hottest suburbs for real estate investments include Baulkham Hills, Riverstone, Auburn and Brookvale.
Baulkham Hills is located in north-western Sydney and has recently witnessed a drop of 11.3% in values of property over the last year or so. However, experts still feel this is a great place to snap up real estate at a comparatively lower price. However, there is skyrocketing growth ahead on account of great connectivity to the upcoming Norwest and Castle Hill rail link stations of the Sydney Metro. This suburb is located approximately 27 kilometres away from the Sydney city centre.
Big-ticket infrastructure projects will certainly lead to considerable growth in the future for suburbs like these. Baulkham Hills will now witness substantial buyer interest due to the lower prices. A new town centre at Riverstone is located roughly 48 kilometres away from the city and Riverstone could be a major market in the near future as per reports. Riverstone is located near Marsden Park, one of the country’s largest commercial cum industrial zones. Auburn is also witnessing considerable buyer interest and is located approximately 24 kilometres away from the city. This is the area where this growing cosmopolitanism and several infrastructural projects nearby along with the growing social infrastructure make it a good option for investors.
Brookvale also makes for a good bet as per experts with average home prices being substantially cheaper as compared to Allambie Heights and other neighbouring areas. This zone could soon turn into a café and restaurant hotspot. There is a new bus line going to the city while the Northern Beaches Hospital in Frenchs Forest is another major development that has created higher value for investors here. Maroubra is another upcoming real estate investment hotspots which is located to the south of the popular Bondi and Coogee beaches and buyers are also interested in Eveleigh and Waterloo among other suburbs.
