Don’t let Sydney’s exorbitant property prices put you off buying your first home or dream home. With property prices heading upwards, it’s time to get smart and consider Plan B instead.
If you’re feeling overwhelmed by Sydney’s expensive property prices, then you’re not the only one. Thousands of Sydneysiders are feeling the pinch when it comes to buying a property, but instead of just wondering how on earth you will afford to buy a property in Sydney, it’s time to look at what you can realistically afford and go with Plan B instead.
Simply sitting and waiting is not the way to go about buying a property though. Property prices typically rise and double every seven to 10 years, making it even harder to get onto the property ladder.
Recently in my suburb in Sydney’s Inner west, I have been seeing auction after auction with established two-bedroom units close to selling for $1 million and three-bedroom houses from $1.5 - $2.5 million! And some of these homes are in serious need of repair and renovation work. I know for a fact that I cannot afford to buy even a one-bedroom apartment here, let alone a three-bedroom house, and even if I did have the money, competition is fierce.
If you really want to get a foothold on the property ladder, but you need to buy in Sydney, due to your job or you have children, then there are more affordable alternatives you should consider. Property should be seen as a long-term investment and the sooner you get onto the property ladder, the better off you will be.
So, what affordable Sydney property options are there? It’s time to look at Plan B.
Plan B – Elderslie House & Land
It’s still possible to purchase Sydney property for under $750,000, you just need to head out of the inner-city ring. For $750,000, you can buy a one-bedroom apartment in a leafy, well connected Sydney suburb, whilst one hour’s drive south, you can purchase a brand new four-bedroom house, complete with high quality fixtures, fittings and finishes from $707,300. And no, it’s not in the middle of nowhere. You still have a CBD, retail, dining, schools, parks, and recreation all on your doorstep.
So, where can you buy a property from $707,300
? The answer is Elderslie
, just 3km from Camden in Sydney’s booming south-west region. Elderslie
is a charming and historic suburb home to a new master-planned house and land estate called Argyle Estate
. Argyle is a community on the rise where residents can enjoy an easy-going lifestyle, in an idyllic and picturesque setting. Everything you need is close to hand, with Camden and Narellan town centres only a short drive away, whilst transport, shopping, schools and recreational amenities are just a quick six-minute stroll from your new home.
Residents have over 3.5 hectares of open space and public parks to enjoy, whilst Wollongong’s stunning beaches and national parks are less than an hour away by car making weekend exploration a breeze.
A great benefit of buying a house and land package in Elderslie’s Argyle Estate is that you can choose from a variety of quality home sites from reputable builders which range in size, with a variety of frontages, depths and orientations. This allows you to build the home of your dreams to suit your lifestyle and budget.
Each new home is luxurious and considered and drenched in natural light. Designed to meet the needs of modern families, with high quality fixtures, fittings and finishes, Argyle Estate makes the ideal new home for first home buyers, next home for owner occupiers and investment property for savvy investors.
If you are seeking a laidback lifestyle, within an easy commute of Camden CBD and Sydney, with fantastic lifestyle appeal for the whole family, then Argyle Estate in Elderslie
provides affordable, yet high quality property opportunities allowing you to reach home ownership sooner.
For NSW first home buyers
, then you can also take advantage of the $10,000 First Home Owner Grant
, as long as the home does not exceed $750,000, which is the case for a number of these new homes. There are also stamp duty concessions available with a reduction in stamp duty for properties valued between $650,000 and $800,000, helping you to save even more.
Get in Touch
If you’ve had enough of Sydney’s exorbitant property prices, but still want to buy a new home within an hour of Sydney’s CBD, then Argyle Estate in Elderslie
provides an affordable and realistic solution for property buyers. Hurry though, these properties won’t last long.
To learn more about our current availability at Argyle Estate and to view each of the home designs in more detail, get in touch with one of our iBuyNew Property Consultants. Call today on 1300 123 463
Published on 5th of September 2017 by Marty Stanowich