NSW redfern apartments

Discussion in 'Where to Buy' started by cacioepepe, 13th Oct, 2019.

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  1. cacioepepe

    cacioepepe Member

    Joined:
    13th Oct, 2019
    Posts:
    7
    Location:
    Sydney
    what are your views on redfern apartments at the moment?

    I reckon it will hold its value in the longer term given proximity to city and gentrification of the area.

    imo the market price is not reflective of the future potential at the moment.

    thoughts?
     
    cacioepepe, 13th Oct, 2019
    #1
  2. Mel Morgan

    Mel Morgan Sydney Property Manager Business Member

    Joined:
    6th Jun, 2017
    Posts:
    1,451
    Location:
    Sydney
    I am generally a fan of inner city suburbs such as Redfern, Surry Hills, Darlinghurst etc. The new high school & light rail have definitely kept the areas popular.

    If possible I think terraces are a much better long term prospect due to value add potential and land content.

    What style of apartments are you looking at?
     
    Mel Morgan, 13th Oct, 2019
    #2