Suburbs of Sydney and Melbourne
#17
Victorian Evangelist
Joined: Sep 2005
Location: Melbourne, by the beach, living the dream.
Posts: 7,704
Re: Suburbs of Sydney and Melbourne
In my area 2.5 years ago $550,000 would have bought a great new house. Now you need $800,000 for the same house.
This has prevented people we know personally from buying in our area which they love, instead they have had to buy somewhere a lot further out of Melbourne.
BB
#18
Just Joined
Thread Starter
Joined: Oct 2010
Posts: 3
Re: Suburbs of Sydney and Melbourne
Thanks for all of your replies and suggestions.
I agree to buy somewhere straight away would be foolish imo. I was more interested in finding out what would be affordable for us, what areas that would get us and how long a commute it would be.
I have to say looking at a few properties in Patterson Lakes, they are gorgeous and according to Google Maps only a 45 minute drive into the City (any more accurate measures than Google Maps would be helpful!!).
I agree to buy somewhere straight away would be foolish imo. I was more interested in finding out what would be affordable for us, what areas that would get us and how long a commute it would be.
I have to say looking at a few properties in Patterson Lakes, they are gorgeous and according to Google Maps only a 45 minute drive into the City (any more accurate measures than Google Maps would be helpful!!).
#19
Re: Suburbs of Sydney and Melbourne
Disagree.
In my area 2.5 years ago $550,000 would have bought a great new house. Now you need $800,000 for the same house.
This has prevented people we know personally from buying in our area which they love, instead they have had to buy somewhere a lot further out of Melbourne.
BB
In my area 2.5 years ago $550,000 would have bought a great new house. Now you need $800,000 for the same house.
This has prevented people we know personally from buying in our area which they love, instead they have had to buy somewhere a lot further out of Melbourne.
BB
#20
Just Joined
Joined: Nov 2010
Posts: 1
Re: Suburbs of Sydney and Melbourne
I arrived in Sydney in August and decided to look for a house in the Inner West - Leichhardt, Lilyfield, Annandale, Haberfield, Stanmore are all good suburbs to start off with. But 700K won't get you much at the moment - so try renting for a while.
The word on the street is that property prices are going to take a hit soonish. We'll wait and see.
The word on the street is that property prices are going to take a hit soonish. We'll wait and see.
#23
Re: Suburbs of Sydney and Melbourne
loads to do and the national park is on your doorstep, the beach, the river, whale watching, lots of festivals such as Jazz and shiraz and nice restaurants.
where in the shire were you paddyo?
we don't have children either
house prices are rising fast here too
#24
Re: Suburbs of Sydney and Melbourne
I live in the shire and it depends where you live, the cronulla area is lovely
loads to do and the national park is on your doorstep, the beach, the river, whale watching, lots of festivals such as Jazz and shiraz and nice restaurants.
where in the shire were you paddyo?
we don't have children either
house prices are rising fast here too
loads to do and the national park is on your doorstep, the beach, the river, whale watching, lots of festivals such as Jazz and shiraz and nice restaurants.
where in the shire were you paddyo?
we don't have children either
house prices are rising fast here too
#25
BE Forum Addict
Joined: Mar 2004
Location: Sydney
Posts: 1,628
Re: Suburbs of Sydney and Melbourne
I live in the shire and it depends where you live, the cronulla area is lovely
loads to do and the national park is on your doorstep, the beach, the river, whale watching, lots of festivals such as Jazz and shiraz and nice restaurants.
where in the shire were you paddyo?
we don't have children either
house prices are rising fast here too
loads to do and the national park is on your doorstep, the beach, the river, whale watching, lots of festivals such as Jazz and shiraz and nice restaurants.
where in the shire were you paddyo?
we don't have children either
house prices are rising fast here too
#26
Simply happy in Sydney!
Joined: Nov 2007
Location: Woronora Heights, NSW
Posts: 274
Re: Suburbs of Sydney and Melbourne
We live in Sutherland Shire and love it, but we have two small children and it is a lovely area to raise kids. I can see that if we didn't have children it may be a little on the quiet side. Having said that, it depends on the lifestyle you want. There are some beautiful places for bushwalking in the Royal National Park, and also some lovely quiet beaches, plus it is only a short hop down to the Illawara region which is lovely too.
#27
Re: Suburbs of Sydney and Melbourne
We live in Sutherland Shire and love it, but we have two small children and it is a lovely area to raise kids. I can see that if we didn't have children it may be a little on the quiet side. Having said that, it depends on the lifestyle you want. There are some beautiful places for bushwalking in the Royal National Park, and also some lovely quiet beaches, plus it is only a short hop down to the Illawara region which is lovely too.
Train line, good road options and nice beachside towns.
#28
Simply happy in Sydney!
Joined: Nov 2007
Location: Woronora Heights, NSW
Posts: 274
Re: Suburbs of Sydney and Melbourne
Yes, had our children not been so small, and had my husbands work been more usual hours (he works up to 9pm some nights and also at weekends and six/seven day weeks) we would have more seriously looked at that area to buy. We are very happy where we are now because we have the best of both worlds, can be in Wollongong in about 30 mins max, and in Sydney CBD in about 50 mins, but we have said that once we are looking at high school for our eldest (years in the future!), we may consider making a move down there depending on what the schools are like.
#29
Re: Suburbs of Sydney and Melbourne
Yes, had our children not been so small, and had my husbands work been more usual hours (he works up to 9pm some nights and also at weekends and six/seven day weeks) we would have more seriously looked at that area to buy. We are very happy where we are now because we have the best of both worlds, can be in Wollongong in about 30 mins max, and in Sydney CBD in about 50 mins, but we have said that once we are looking at high school for our eldest (years in the future!), we may consider making a move down there depending on what the schools are like.
#30
Forum Regular
Joined: Sep 2003
Location: Melbourne
Posts: 114
Re: Suburbs of Sydney and Melbourne
Thanks for all of your replies and suggestions.
I agree to buy somewhere straight away would be foolish imo. I was more interested in finding out what would be affordable for us, what areas that would get us and how long a commute it would be.
I have to say looking at a few properties in Patterson Lakes, they are gorgeous and according to Google Maps only a 45 minute drive into the City (any more accurate measures than Google Maps would be helpful!!).
I agree to buy somewhere straight away would be foolish imo. I was more interested in finding out what would be affordable for us, what areas that would get us and how long a commute it would be.
I have to say looking at a few properties in Patterson Lakes, they are gorgeous and according to Google Maps only a 45 minute drive into the City (any more accurate measures than Google Maps would be helpful!!).
Lany