Areas in Sydney.
Discussion
G'Day Guys,
Have been offered a really great opportunity in Aus.based in Sydney,but I need to know where are the nicer ares of Sydney to live in so I can price up housing before I go any further with the job. We should have about 600.000 aussie dollars to spend on a property ,and what could we expect for this figure.Thanks folks.
Have been offered a really great opportunity in Aus.based in Sydney,but I need to know where are the nicer ares of Sydney to live in so I can price up housing before I go any further with the job. We should have about 600.000 aussie dollars to spend on a property ,and what could we expect for this figure.Thanks folks.
Give this one a go too:
www.domain.com.au
My first question would be... where is the job going to be located?? Sydney traffic can be pretty shocking during rush hour most days so you really need to weigh up how long you want to sit in traffic! You also need to take into account tolls etc…. (Harbour Bridge/Tunnel etc)
Give us a heads up on where you will be located and I'm sure a number of us will give you some views on places…. Don’t be surprised when $600,000 doesn’t get you much of a property though and if you aren’t a resident, not all banks will give you a mortgage so be prepared for that one… my advise would be to rent first so you get used to an area.
Seriously though – you'll enjoy living here.
www.domain.com.au
My first question would be... where is the job going to be located?? Sydney traffic can be pretty shocking during rush hour most days so you really need to weigh up how long you want to sit in traffic! You also need to take into account tolls etc…. (Harbour Bridge/Tunnel etc)
Give us a heads up on where you will be located and I'm sure a number of us will give you some views on places…. Don’t be surprised when $600,000 doesn’t get you much of a property though and if you aren’t a resident, not all banks will give you a mortgage so be prepared for that one… my advise would be to rent first so you get used to an area.
Seriously though – you'll enjoy living here.
If you aren't an Australian citizen you can't buy a house without Foreign Investment Review Board (FIRB) approval. I don't know what this involves because fortunately I'm exempt due to the OH being an Aussie. However, it was the first question the bank asked me when I went to see about a mortgage.
Probably worth checking it out in more detail.
Probably worth checking it out in more detail.
My parents would love to retire here but as Tim said the days of being able to sell up in the UK and settle here with money left over are long gone...if the parents moved here they would literally be starting at square one again which is no good when your 62 and looking to slow down.
Average house price in Sydney $554,000
Avergae cost in UK is GBP220,000 and GBP 320,000 in London, but in a falling market, although we are weakening here too.
Current x-rate 2.07, so selling up (if you can) in dollars you get to spend $455,000 in Sydney for your average house in the UK and $662,000 selling up in London.
So cost of average Sydney house lies somewhere between the two. Like someone said, no bargain anymore.
Avergae cost in UK is GBP220,000 and GBP 320,000 in London, but in a falling market, although we are weakening here too.
Current x-rate 2.07, so selling up (if you can) in dollars you get to spend $455,000 in Sydney for your average house in the UK and $662,000 selling up in London.
So cost of average Sydney house lies somewhere between the two. Like someone said, no bargain anymore.
North Ryde... Expect the traffic to be a shocker in the morning... That's where I'm based (Epping Road). The area is growing rapidly with a lot of businesses very local (Optus, Foxtel, MAC Trucks, Hyundai coming soon, Microsoft, Jaguar, Land Rover & Volvo). Who are you going to be working for??
I live in Cronulla, takes me about an hour to get in (I use Eastern Distributor, Harbour Tunnel and Lane Cove Tunnel) on a bad day... it'll take 2 hours!
Depends on your personal circumstances but there are several reasonable areas you could try...
Northern Beaches
North Sydney
Castle Hill (?? Not sure you'll want that, its a bit like a "new town")
Sutherland Shire (If you don't mind travelling)
Have a search on Domain in these places but my advise would be to rent somewhere first then buy in an area you like...
Oh - there is a new rail network opening up in the area which may assist the traffic, not sure when that opens though.
Keep you're eye out for a Discovery 3 with a PH Sticker on the back - That'll be me!!
Cheers
Kev
I live in Cronulla, takes me about an hour to get in (I use Eastern Distributor, Harbour Tunnel and Lane Cove Tunnel) on a bad day... it'll take 2 hours!
Depends on your personal circumstances but there are several reasonable areas you could try...
Northern Beaches
North Sydney
Castle Hill (?? Not sure you'll want that, its a bit like a "new town")
Sutherland Shire (If you don't mind travelling)
Have a search on Domain in these places but my advise would be to rent somewhere first then buy in an area you like...
Oh - there is a new rail network opening up in the area which may assist the traffic, not sure when that opens though.
Keep you're eye out for a Discovery 3 with a PH Sticker on the back - That'll be me!!
Cheers
Kev
Could always consider the Central Coast. To be honest it will take you the same amount of time to commute from somewhere nice on the beach like Terrigal, Avoca or Copacabana to Epping as it would from the Northern Beaches
For 600k you might also be able to get a small acreage in the Holgate area which is pretty pleasent. Or, a decent house close to the beach in the afore mentioned suburbs. Also have pretty easy access to the train line.
Some good areas and some not so good areas. It's about 80kms north of the Sydney CBD, and in light traffic it takes me less than 40 minutes to get from Chatswood to Gosford.
You'll have less of a city life more of a suburban one, but at that price point you can be a fair bit more comfortable. Just depends on your priority.
Let me know if you decide to go down that path as I have quite a few contacts around the area. And if you do, keep an eye out for a Silver S3 with a PH sticker on the back.
For 600k you might also be able to get a small acreage in the Holgate area which is pretty pleasent. Or, a decent house close to the beach in the afore mentioned suburbs. Also have pretty easy access to the train line.
Some good areas and some not so good areas. It's about 80kms north of the Sydney CBD, and in light traffic it takes me less than 40 minutes to get from Chatswood to Gosford.
You'll have less of a city life more of a suburban one, but at that price point you can be a fair bit more comfortable. Just depends on your priority.
Let me know if you decide to go down that path as I have quite a few contacts around the area. And if you do, keep an eye out for a Silver S3 with a PH sticker on the back.
Colonial - What time are you leaving in the morning to get to the city in 40 minutes? Often thought about moving up that way but the thought of traffic has always put me off slightly.. agree there are some great places up there to live...might have to get onto Domain to check these places out... 
The 40 minutes is outside of peak time obviously. Usually late at night, but it is pretty easy to get to the centre in around 1hr 10 at most times. Down the F3, then Pennant Hills Rd, Epping Road, Lane Cove Tunnel and you skip most of the traffic and traffic lights.
I have an office in Gosford and live at Terrigal, so not to bad for me in the morning. 15 minutes or so max.
Ex used to commute from Gosford to North Sydney. Left at about 6.30 and I think it took her about 1hr 10 from memory.
When I lived north of Gosford and went to Sydney Uni it was around 1hr 30 door to door on the train.
I have an office in Gosford and live at Terrigal, so not to bad for me in the morning. 15 minutes or so max.
Ex used to commute from Gosford to North Sydney. Left at about 6.30 and I think it took her about 1hr 10 from memory.
When I lived north of Gosford and went to Sydney Uni it was around 1hr 30 door to door on the train.
I'm on the Northern Beaches, and can do Macquarie Park in about 35-40mins at the start of rush hour in the morning - its crossing the Pacific Highway at Chatswood that fecks it all up. Having said all that, I've no idea what its like getting back on the evening - usually head elsewhere if I start at Mac Park area.
So, to the OP, you might want to consider somewhere between Dee Why and Warriewood/Mona Vale on the Northern Beaches - should be able to find something in your budget, perhaps not right on the beach, but loads of new houses going up in some of the suburbs just inland. Get a copy of the Saturday edition of the Manly Daily - has all the properties for sale from Manly to Palm Beach.
So, to the OP, you might want to consider somewhere between Dee Why and Warriewood/Mona Vale on the Northern Beaches - should be able to find something in your budget, perhaps not right on the beach, but loads of new houses going up in some of the suburbs just inland. Get a copy of the Saturday edition of the Manly Daily - has all the properties for sale from Manly to Palm Beach.
Gassing Station | Australia | Top of Page | What's New | My Stuff