How to secure the most lucrative property in Sydney

In the past 10 years, Sydney has experienced rapid growth and an increasing shift towards urban living. Australia’s most populated capital city hit 5 million in 2016 and is expected to reach 6.42 million in just 20 years time. The potential for investors to capitalise on the current property boom in Sydney is huge and here’s how you can do it.

Making the right investment choice now

You’ve decided you want to invest in Sydney but what next? The demand for high density living, particularly around the inner city suburbs, makes investing in an apartment a smart move. Choosing the right location is absolutely critical, and knowing which suburbs have the greatest growth potential and infrastructure in place will ensure the best return for your investment in the future.

Roughly 1 in 5 Australians call Sydney home, with the city welcoming more than 1,500 new residents each week.

Waterloo – one of Sydney’s most liveable suburbs

If you look at what a tenant or owner-occupier is looking for when it comes to living the ultimate urban lifestyle, Waterloo fits the bill. The inner city suburb located a mere 4km from Sydney’s CBD is ranked within the top 20 most liveable suburbs and it’s not hard to see why.

Waterloo is fast becoming one of Sydney’s most vibrant cultural and culinary epicentres, and its close proximity to transport links and amenities such as shopping, parks, schools and employment hubs makes it an attractive area to live or invest. The suburb is also within walking distance of the largest urban renewal project in Australia – the Green Square Project – a new major centre around the Green Square Railway Station, which will deliver new homes and infrastructure between now and 2030.

Why invest in Waterloo?

As an investor, you want to ensure you’re attracting the right tenant for your property. With a median age of 30, Waterloo’s prosperous demographic consists largely of a mix of executives and professionals on double incomes. The suburb’s average household incomes are 20% above the Sydney LGA, currently sitting at $2,500 per week.

Over the past 10 years it has experienced unprecedented growth at an average rate of 7-10%, and it’s showing no signs of slowing down, with a forecasted growth of 53% over the next 10 years. With a high rental value and over 75% of properties being rented, this suburb is never short of tenants.

7 out of 10 Sydney residents have either lived in an apartment/unit or are currently living in one.

Something truly iconic in Waterloo

More than 80% of dwellings in Waterloo are apartments, and the latest sought after boutique development is set to create a new standard of living in Waterloo. Sydney’s latest icon, Iconic of Waterloo is steeped in timeless heritage, industrially inspired design and luxury living all rolled into one. This one of a kind development consists of 76 beautifully designed apartments, with a thriving commercial space that is housed within the historical 1920s built Chubb factory. Located at 830 Elizabeth Street, Iconic is less than 500 metres to Green Square Train Station and shopping precinct and directly across from Waterloo Park.

Emerging property developers Thirdi Group and Milligan Group have combined forces with the very best in design to deliver something exclusive to a market dominated by master-planned communities. Impressively created architecture and interiors by SJB, with styling by Coco Republic, the finishes of these apartments will be second to none.

50% of Sydney residents who have never lived in a high density setting say they would consider apartment or unit living.

Take a tour of Iconic

Experience Iconic of Waterloo for yourself in augmented reality via ARTi app. Simply download the application to your smart phone or tablet to see this property come to life in this new form of reality.

Given how the property market is trending, the prices of today may not be available tomorrow, so as investors it’s important to act now. Iconic of Waterloo is located at 830 Elizabeth Street, Waterloo. Register your interest today for a complimentary property report or call Thirdi Group on (02) 9409 7200.