NSW Where in Sydney will outperform from 2016-2020?

Whip out your crystal balls..

In case you missed it, the Sydney market is all but out of puff.

I stopped buying there in early 2014 and moved my focus to Brisbane. Most folks have done likewise. Probably a very sensible course of action.

However, I'm curious to know what regions (or suburbs) you think will buck the trend and continue to move along well ahead of the wider Sydney market over the next 4 years.

I reckon Inner West and Eastern Suburbs will star performers, due predominantly to new transport/infrastructure projects and endless gentrification. The Lower North Shore is looking good for third spot.

Drilling down a bit further, I'd put money along the Bankstown Train line (in particular Sydenham, Marrickville, Dulwich Hill, Hurlstone Park, Canterbury, Campsie) and those areas benefiting from recently completed Inner West Light Rail extension (which terminates at Dulwich Hill). And if the proposed South East Light Rail extension occurs Randwick, Kensington, Kingsford etc look pretty good too.

I may be biased as I hold 3 apartments in Marrickville which are < 500m from the Dulwich Hill Light Rail.

What do you think, and why?

 

I think the Northwest will drop a bit then go nuts for a few months when the new NW metro train line comes in 2019 so will probably end up a bit higher than what it is now..

 

P.s is this gonna be a hype the inner west and eastern suburbs thread? Haha

 

Inner city/inner west terraces will continue to perform well. No more are being made and they are in the best locations.

 

non investor dominated areas with established fundamentals especially location should hold their value better and thus outperform the averages in Sydney.

 

I went to see Margaret Lomas speak this morning and she says the east, north and northern beaches

 

I generally agree with all the above except the Northern Beaches mention.

 

I'm going tomorrow. Hope to hear something about the regionals.

 

The West/North West is actually seeing a slight decline, I would say Parramatta is the way to go with light rail project going ahead.

 

Does anyone even catch the light rail from duo which hill?
I could picture more people catching the light rail to dulwich hill if
1. They fixed the train timetable so that all trains stop at dulwich hill
2. The opal card didn't double charge due to the change in mode of transport (for non Sydney Siders our public ticketing system charges you two single trips when you switch from bus to train. Eg. 20 min train ride off peak is $2.90, 5 min bus ride = $2.10. Which makes it quite expensive for those who catch a train and bus)

 

by outperform do u mean be only a slightly bad investment vs a pretty bad one overall?

just cant see people making great money in sydney from basic buy and holds over next few years

 

So you expect some areas to keep powering on? What sort of growth are you hoping for?
Many areas have doubled in 4 years. It would really buck a long tread to get more growth in the next 5 years.

 

In Sydney inner ring and middle ring, there are tens of thousands new apartments to be completed very soon, on top of existing tens of thousands appts. They will be rented and bought , mainly, by local young people and new immigrants and a bunch of downsizers/retirees. During the next 5 or some years, except the retirees, they will work hard, save up. and start to have families. Those 2 or 1 beddr will not be big enough for them. Where will they go and what to do to upgrade ? Any properties on their upgrade path will be the outperformers. Can anyone comment and guess what /where/how are they going to go, to buy and to sell ?

 

I will put my money on Wareemba, Westgate, Darlington, Strawberry Hills, Surry Hills, Everleigh

 

Would apartments in cbd affect all established apartments 5-10km out too?

 

Question for you Scott. Are you, or are you not a Sydneysider?

There's no Westgate in Sydney, and Strawberry Hills and Eveleigh don't really have properties (or if they do, its only actually a handful)?

 

I think parramatta is speculator capital of Western Sydney..
West and southwest has gone completely stale from what I'm observing on the ground. Northwest has stalled, but not declined, yet. I think it will decline but can see that new train line boost the whole northwest for a few months or maybe a year. City workers not affording the better suburbs closer in on that train line will probably look further out..

 

They're all suburbs which have so few sales the stats aren't reliable.

Westgate is between Camperdown and Petersham.

Might I add St James, Wynyard, Linley Point and Wondabyne, Koolewong and Tascott on the central coast.

 

... they sound like train stations only...

 

Except Westgate. I'd add Forest Lodge too. Westgate used to have a post office on Parramatta Rd.

I like the old Sydney suburbs and localities Linda.

The central coast suburbs are all fly spots except Wondabyne which is home to several boatsheds within the National Park. No roads or services. Huts are all under leases.