NSW If you Must buy Apartments in Sydney

hahah ebsworth is right on top of greensquare.. thats not 5 minutes.. that living on the trains station.. ovo and crown's is nearer.. but then u are asking $1.4m for a 2 bed.. !

 

Conversation is not about price but rather the comment made that Zetland didn't have a train station near it.

 

true.


1/26 Wangee Road, Lakemba NSW 2195 - Apartment For Sale | Domain

wow.. talking about cheap

 

You said it would be double the price and those examples show that it's not - it's the same price therefore the new apartments you mention are poor value for money. I didn't put the search at exactly one million as someone with that budget can probably spend $1,050,000 or whatever too. There was one in Potts Point about two-thirds down the first page for 950k. One train stop or a 15 minutes walk to the city.

 

Bondi is different. Where else can you live with some form of train access and be near a beach?

But the rest of Sydney.... you would prefer to be a 5 minute walk to trains if you live in an apartment. We rented in Chatswood west. It might have been a 10 minute walk to station. I was a bit iffy on renting it because of that distance (and you needed to cross Pacific Highway to get to it) but in the end we did. What made it nice were that it had a nice balcony, a nice quiet outlook, 2 bathrooms. But there was little demand for it when we were looking so we rented it at a discount. The landlord was looking to rent out 2 apartments in the block so I think she was just happy to manage to fill one of them.

 

Took the words out of my mouth. I think Lakemba is the spot to buy. 2BR for $420-$450. Not sure there are any other suburbs in Sydney (out west included) that are going for that anymore.

 

Why are they cheap? Issues with reputation? Remember it is an apartment though. Add $100k and you can buy in nicer suburbs.

 

Yes it is the reputation.

Such a quick ride to the city, so undervalued from that respect.

 

Lakemba has not been a safe area.
Not a place you walk around at night a few years ago.
No nice things to do. You must travel to places to take family no beaches no nice parks .
This is my opinion only.

Was very Middle Eastern dominant demographic.

Might have changed.

 

It didn’t change a bit in my opinion. If anything, I think it became worse.

 

Lakemba will always be in the news afaics ... that is the problem with it.

Pauline Hanson addresses controversial stunt

 

Some people need to live a 5 minute walk to the station some people travel hours per day to get to school.

This tells me how spoiled rotten the current mentality is that requires everything at your footsteps.


My neighbor down the street(the expensive side on the water not my end at the top) leaves for school at 6.40am i see him walking home around 6pm.

But he lives with his parents in a waterfront mansion and Im sure He will have the world at his feet. His attitude is incredible when i speak to him.

The Sydney students travelling 'phenomenal distances' to get to school every day


Aussies have it to well.

 

2 bedders for under 400k now.....as you say such a quick ride! Where else can you buy for that rpice within 17km of the cbd and 20 minute train ride with train every 4 mins in peak hour ( when the upgrade is finished ) SERIOUSLY looking at buying here, was looking a couple of years ago but coudlnt get anything under 400k, now though.....as things slow prices have dropped under 400k and I reckon there still wriggle room if I find the right seller who is desperate

 

Like Redfern used to be?

 

Yes. Don't get me wrong ... I do believe Lakemba will change but that would take a long ... like decades

 

Redfern is 3kms from the middle of the city. Lakemba isn't.

 

Like Marrickville used to be...?

 

Lol more like it will be back to ~200k soon

 

Have they moved Marrickville?

 

Well given the extended definitions of "Inner West" that seem to get used by Real Estate agents, I'd figured that was it...?