No Sydney Suburbs with a median price of under $500k.
An article by The Urban Developer this week has remarked that there are "no suburbs in Sydney with a median price under $500,000"
The closest to that half-million mark is Tregear and Wilmott in Sydney's West.
Our research has shown that the median prices for houses in the Camden, Penrith, and Blacktown areas are all over the $500,000 mark. This means Sydney is still the least affordable place to live in Australia.
Compare that to the Newcastle and the Hunter Valley areas where median prices are well under the $500k, and that also have facilities, shops, beaches, vineyards and other attractions much closer than what the average Western Sydneysider would be used to.
Do yourself a favour - contact us to see for yourself what UNDER $500,000 can get you in Newcastle and the Hunter Valley.