Does anyone have views about good investment suburbs for new apartments in inner west Sydney? I have been reading some conflicting reports. I have been thinking about Camperdown and was wondering if anyone have any views and ideas of this suburb.
Does anyone have views about good investment suburbs for new apartments in inner west Sydney?
Summer Hill, Enmore, Leichhardt, Stanmore, Lewisham, Petersham, Stanmore - all those places along the railway line should be fine and in high demand.
What conflicting stuff have you heard?
What propertunity said.
If looking for an IP, as I am, focus on anything within 1km from a train station - most people who live in the inner west commute to work in the CBD.
Innerwest is definitely the place to be! Been living here for a bit over 10years including Camperdown, Rozelle, Croydon and Pyrmont. Anywhere that you can walk to buses on Vic Road is excellent (Balmain, Rozelle, Drummoyne etc). Trains are fine too so the suburbs already mentioned rate well. Camperdown being close to Syd Uni and Newtown has a lot of students around so tenant selection would need to be critical. Good luck!
On balance, I feel it is still growing and demand will be there. What do you think of Camperdown?
The population of Camperdown in 2001 was 7,955 people. By 2006 the population was 6,542 showing a population decline of 18% in the area during that time. The predominant age group in Camperdown is 20 - 29 years.