FOR FAMILIES OF ALL SHAPES AND SIZES, SYDNEY’S EAST REMAINS POPULAR.
Whether the family has teenagers, young children, or is still growing, the East never loses its appeal. That’s what makes it such a strong market, year after year.
Offering an urban lifestyle with the benefits of parks and beaches, a true sense of community, and great schools and transport, the East is popular with first-home buyers and upsizers alike.
It may be a competitive market to enter, but there are many reasons why it’s valued so highly.
URBAN LIVING MEETS WIDE OPEN SPACES
When it comes to purchasing a home, many families find themselves balancing their need for proximity to the office with their desire for space. Sydney’s East offers the best of both worlds: it’s close to the city, and has wide open spaces.
The East delivers the benefits of an urban lifestyle, such as a sense of community and the convenience of walkability in many places to shopping centres and restaurants, but also has beautiful parks and beaches.
Parkside suburbs such as Woollahra, Paddington, and Queens Park offer a boutique lifestyle with access to the beautiful Centennial Park and Queens Park for exercise, dog walking, and recreation. Meanwhile the beachside suburbs Maroubra, Coogee and Bondi are casual without sacrificing style, with surf, sun and sand just a short stroll away.
A RANGE OF LIVING OPTIONS
As the family home evolves, Sydney’s East evolves with it. A major part of the appeal of the East is the range of housing options, to suit every family type.
Younger families and first-home buyers often desire smaller homes, especially apartments which can be renovated to fit in with the tiny house trend. Larger homes often come onto the market in beach-side suburbs such as Maroubra and Bondi and are appealing for families with older children, especially those with adults still living at home.
A TRUE LIFESTYLE CHOICE
With great schools, access to public transport, and a strong sense of community, the East offers families the reassurance that their children’s needs can be met.
One of the most appealing things for families is the proximity to a range of good public schools, as well as the options offered by private and Catholic schools. Parents also tell me that the great public transport options make them feel confident that their older children can begin taking the steps towards independence.
Safety is a key concern for families, but the strong sense of the community in the East and the low levels of personal crime make it one of the safer parts of Sydney to live in.
ROOM TO GROW
When the time comes to sell, families can rest assured that their property will fetch returns in the East. While some other markets in Sydney have seen limited growth this year, the East remains an attractive market, with Randwick seeing annual growth of 10.3% and Bondi’s growth nearing 12%.
While many families stay in the Eastern suburbs after their children have left home because of the lifestyle and community, they can also rest assured that their options will be open if they ever choose to sell.