Guest The Pom Queen Posted March 26, 2018 Share Posted March 26, 2018 The prestigious lower north shore suburb of Mosman, with its impressive mansions, harbour views and proximity to the CBD, is the most popular suburb in Sydney for house hunters. It’s the most searched suburb for homes for sale, followed by two eastern suburb stalwarts, Paddington and Randwick, and then Balmain, according to Domain Group’s audience activity in February 2018. It was just one of two suburbs on the north side of the harbour bridge – the other Neutral Bay – to feature in the top 10 most searched suburbs for homes on the market. “Generally Mosman is the most searched suburb because it’s such a big suburb,” Tim Foote, principal at Belle Property Mosman, said. “So that’s not unusual – what is unusual is the clearance rates, compared to the rest of Sydney.” He said despite the fact that the suburb was so big, homes were still selling for solid – but not overheated – prices. It is mostly owner-occupiers looking in the area, because the investor part of the market had calmed down due to APRA lending restrictions, he added. Top 10 most searched suburbs in February 2018 – for sales 1. Mosman 2. Paddington 3. Randwick 4. Balmain 5. Sydney 6. Surry Hills 7. Rose Bay 8. Neutral Bay 9. Coogee 10. Bondi But when it comes to the most popular suburbs for Sydney’s renters, Mosman doesn’t make the cut. Instead inner-ring suburbs win over renters who rank convenience and an easier commute above traditional suburban trappings like a big backyard. The most searched-for suburb was the Sydney CBD, followed by Surry Hills, Paddington, Newtown and Darlinghurst. Parramatta beat Bondi and Redfern in terms of renter preferences. Selling agent Clay Brodie, of Ray White Woollahra, said proximity to the city made Paddington attractive, as did the range of properties on offer – from studio apartments to family homes. Top 10 most searched suburbs in February 2018 – for rentals 1. Sydney 2. Surry Hills 3. Paddington 4. Newtown 5. Darlinghurst 6. Randwick 7. Glebe 8. Parramatta 9. Redfern 10. Bondi He said when it comes to Sydney buyers, there is strong demand for homes between $1 million and $2 million. “For $2 million to $3 million there’s a bit of a drop off, and then for $3 million-plus, there’s a resurgence.” He also said there was a lot of “off-market opportunity”, with sellers looking for a quicker sale without having to go through the whole auction process. “They know there are a lot of buyers in the area,” he said. When it comes to what renters and buyers want from their future home, the message is clear: water, of some kind. The most typed keyword in a search for property, whether it’s for sale or for rent, is “pool”, followed by “waterfront”, and “views” – presumably ones with water. “Pet” and “pet-friendly” are also a significant priority for Sydney’s renters. Most searched keywords – across both buying and selling 1. Pool 2. Waterfront 3. Views 4. Furnished 5. Auction 6. Pets 7. Granny Flat 8. Pet Friendly 9. Air conditioning 10. Garage What are the most popular suburbs for searches within each region? For buying, in order: The Blue Mountains: Leura edged out Katoomba and Blackheath to take the honours Canterbury/Bankstown: Bankstown, Padstow, Revesby Eastern Suburbs: As referenced above Paddington performed best, followed by Randwick and Surry Hills The Hills District: Castle Hill, beating out Kellyville, followed by Baulkham Hills Inner West: Harbourside Balmain took the honours, with Marrickville second and Newtown third Liverpool/Fairfield: Liverpool, then Casula and Edmondson Park Macarthur/Camden: Campbelltown, Camden and Oran Park Lower North Shore: Mosman, Neutral Bay, Chatswood Upper North Shore: Turramurra, Lindfield, Pymble Northern Beaches: Manly, Freshwater, Balgowlah Northern Suburbs: Epping, Hunters Hill, Ryde Parramatta: Parramatta, Merrylands, North Rocks St George: Hurstville, Bexley, Oatley Sutherland: Cronulla, Caringbah, Miranda Sydney: Sydney CBD, Pyrmont, then Chippendale Western Sydney: Blacktown, Penrith, Quakers Hill For searches for rentals, in order: The Blue Mountains: Katoomba, Blackheath, Leura Canterbury/Bankstown: Bankstown, Campsie, Lakemba Eastern Suburbs: Surry Hills, Paddington, and Darlinghurst The Hills District: Baulkham Hills, Castle Hill and Kellyville Inner West: Newtown, Glebe, Marrickville Liverpool/Fairfield: Liverpool, Fairfield, Casula Macarthur/Camden: Campbelltown, Ingleburn, Glenfield Lower North Shore: North Sydney, Mosman, and Neutral Bay Upper North Shore: Hornsby, Lindfield and Gordon Northern Beaches: Manly, Dee Why, Freshwater Northern Suburbs: Ryde, Epping, Meadowbank Parramatta: Parramatta, Merrylands and Lidcombe St George: Hurstville, Rockdale, Kogarah Sutherland: Cronulla, Miranda, Sutherland Sydney: Sydney CBD, Chippendale, Pyrmont Western Sydney: Blacktown, Penrith and Quakers Hill Quote Link to comment Share on other sites More sharing options...
MARYROSE02 Posted April 20, 2018 Share Posted April 20, 2018 I see my 'burb, Surry Hills is at no 6 in the search for sales and no 2 in rentals. Living in Surry Hills is like living at the hub of a wheel with the spokes leading out to every other part of the city. Ten minute walk to Central station and then twenty five minutes to Parramatta where I work. Five minutes on the bus to Redfern from stop outside my door to go the dentist and podiatrist. ten minute walk up to Crown Street for the doctors. Twenty minutes walk to Town Hall or a couple of stops on the train, one to Town Hall and Museum, two to Wynyard, Martin Place, and St James, three to Circular Quay. Scores of pubs, cafes and restaurants all within walking distance. Quote Link to comment Share on other sites More sharing options...
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