Sydney Buy: Up to $1,000,000

Client

Sydney-based couple who are young professionals buying their first home which will then become an investment within 18 months.

Buying Brief

We were targeting a two-bedroom apartment on Sydney’s Lower North Shore, in a quiet location and with great access to the CBD.

This was an extremely competitive market that we were buying in. We still managed to secure this property for $31,000 less than a comparable unit sold in the same complex two weeks prior.

The Numbers

Cammeray
Median Unit Price = $1,010,000
Historical Growth Rate = 7.40%
Vacancy Rate = 2.34%
Distance to CBD = 5 km