property investing in sydney.

Brett, what are you actually looking for? Sydney property ranges vastly in price, as you’d know.

Basically, if you buy cheaper properties- like out west, you’ll save some money on the price, but the rental amount can often be absolutely hopeless. Sydney is huge, and it all depends on your budget.

Basically, you have the eastern suburbs, which are old money/establishment, expensive prices, and not overly developed.

Northern suburbs- expensive, not overly developed (except for places like north sydney and chatswood)

Western suburbs- cheaper and miles from nowhere

South- suburban, overdeveloped in places like rockdale, working class in places like Hurstville, Sutherland, Engadine etc etc.

Then you have places like the south-west- still miles from the city, and massive crime- gang-related etc… scarey.

There are a million suburbs in sydney- why don’t you pick a few out and ask, so that people can know what you have in mind?

kay henry

I know many people, (friends, family members etc), who invest in Sydney, north, south, east and west (be it PPOR’s or IP’s) and in the long run they’ve ALL done really well.

If you buy into a typically high capital gain area your purchase price leaves you very –ve geared and not able to purchase too often. In other less desirable areas the –ve geared component is less which leaves more in your pocket and the ability to buy much faster.

Where are these people in 20 years? Roughly the same net worth !!