When buying a new apartment in Sydney, iBuyNew is here to help you every step of the way. From an investment property, to your first home or even your next home, helping clients find a new apartment Sydney for sale to suit their requirements is what we do best.
Buying a new apartment in Sydney might be the best purchase you ever make, but before you commit to a property purchase, it is vital to find out all the necessary information about the suburb and development before you decide to buy.
It is a competitive market out there, with lots of people just like you that are interested in buying new apartments in Sydney. To ensure you have the best chance possible of purchasing your favoured apartment, you must be prepared to act quickly; otherwise you might miss out on a great opportunity.
One of the leading cities in Australia and home to the majority of national and international headquarters, Sydney has the largest population of any of the other major cities which is soon to reach the 5 million people mark and can claim some of Australia's most expensive real estate.
As one of the top cities in the world in line with New York, London and Singapore, buying a new apartment Sydney is definitely the right move for most Australian and foreign buyers.
While apartments do grow in value, it is important to understand that some areas do better than others. Make sure you speak with an iBuyNew Property Consultant about buying a New Apartment in Sydney as they can help guide you in the right direction and show you the best areas to buy a property in right now.
Investors tend to be sensitive to interest rate changes, however, in Sydney, a number of factors have combined to make ‘the perfect storm’ leading into 2014: strong interest from overseas buyers, SMSFs feeding into a limited pool of residential real estate, buyers looking for a better return on their savings, coupled with a severe shortage of supply.
The Sydney property market has experienced strong growth these last few years up to 2015. Key reasons for this include stock levels fell to their lowest levels recorded on index, providing the city with a shortage of supply contrasted with high demand.
The cut in interest rates during 2015 to an all-time low of 2.0 per cent in May 2015 has also increased demand which has helped investor confidence immensely.
Sydney has been far more overvalued before. Consider house prices to nominal GDP, which is something we follow very closely. Even after the rises of 2013, the premium here is still below the 25 year average premium and way below the point reached in 2003.
The Sydney property market provides exciting opportunities for investors. In the short-term, an economic led housing recovery is playing out and we have seen this through the solid 2013 figures. Sydney’s long-term economic outlook, planned infrastructure spending, the projected population growth rates and its changing demographics all combine to provide exceptional long-term investment prospects.
Within Sydney itself, there is so much to offer residents and tourists alike. Whether you love food or drink, walking, shopping, taking in the arts and culture or just relaxing in one of the beautiful gardens or taking a leisurely boat ride, this city has something for everyone.
Sydney is also home to some incredible beaches, the most famous of course being Bondi Beach, where you can go for a swim, take to the waves and go surfing, or just relax on the sand and top up your tan. You could also try and spot the Bondi Lifeguards if you follow Bondi Rescue!
Sydney Harbour is also a popular spot to come, which is full of restaurants, bars and cafes. Many boat tours start from here, or you can always pop on the ferry to take a ride up the Parramatta River on the RiverCat or go across to Taronga Zoo or Manly.
As well as ferries transporting passengers around the city, Sydney also has an excellent network of trains, buses and light rail. Trains provide fast access around the city and you can even reach the Domestic and International Airports via the Airport line. Other train lines include the Bankstown Line, Carlingford Line, Cumberland Line; Eastern Suburbs & Illawarra Line, Inner West & South Line, North Shore Line; Northern Line, Olympic Park Line and the Western Line. There are also more regional train lines which include Blue Mountains Line, Central Coast & Newcastle Line, Hunter Line; South Coast Line, South West Rail Link and Southern Highlands Line.
If driving around Sydney, be prepared as some roads can get fairly busy especially during peak hours including the Parramatta Road and some of the highways. The Pacific Highway and Pacific Motorway which head towards Brisbane get particularly busy especially at the weekend and long weekends when looking to get away and escape up the coast.
You will notice that a large proportion of new apartments in Sydney are located close to major amenities including hospitals, schools, colleges and universities. This is because students and teaching and healthcare professionals prefer to live close to their workplace, and having a new apartment in Sydney that is within walking distance or an easy bus or train ride away is convenient.
Sydney is home to a number of major public and private hospitals including Royal North Shore in St Leonards as well as Royal Prince Alfred Hospital in Camperdown and St Vincent’s Hospital in Darlinghurst, so wherever you plan to buy a new apartment in Sydney, you are sure to be close to medical facilities.
There is no shortage of shopping opportunities in this city with your high end fashion designers to your budget stores and everything in between. Westfield is the main chain of shopping centres in Sydney which hosts everything you could possibly need, whilst if you are looking for more boutique shopping then Balmain, Newtown and Paddington are great places to head for something a little different and there are also weekly markets to rummage around.
The city also attracts a large student population, both locally and internationally due to being home to prominent schools, colleges and universities. Some of the major universities include The University of Sydney, University of Technology, University of Western Sydney and Macquarie University.
Due to the large multicultural society in Sydney, you can find a wealth of cuisines on your doorstep. Whether you are looking for Chinese, Thai, Indian; Modern Australian, Vietnamese, Italian or the freshest fish and chips, you are simply spoilt for choice and could eat out at a different restaurant every night if you wanted.
If living in one of the top cities in the world appeals to you, where you have access to retail, dining, parklands, the beach and sea all on your doorstep then buying a new apartment in Sydney could suit you perfectly.
Call us today on 1300 123 463 or you can email your enquiry on one of the new apartments in Sydney for sale where one of our friendly Property Consultants will be in touch shortly to discuss this with you.
Thinking about buying a new apartment in Sydney? Then check out our central location listings including Inner West, Eastern Suburbs and Upper North Shore. Our most popular Sydney off the plan apartment locations also include Southern, Northern Suburbs, Parramatta and Hill District. You can also explore the Lower North Shore, Liverpool Fairfield and Western Sydney Regions projects available now.
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