{"id":36475,"date":"2022-01-14T12:21:42","date_gmt":"2022-01-13T23:21:42","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=36475"},"modified":"2022-01-14T12:21:42","modified_gmt":"2022-01-13T23:21:42","slug":"where-you-can-buy-a-sydney-3-bedroom-for-500k","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/where-you-can-buy-a-sydney-3-bedroom-for-500k\/","title":{"rendered":"Where you can buy a Sydney 3-bedroom for $500k"},"content":{"rendered":"

PHOTO: Sydney, Australia<\/strong><\/p>\n

Prices in the NSW capital may have\u00a0soared over the past year, but if you know where to look, the city still offers opportunities to lock down a three-bedroom home for half a million dollars.<\/p>\n

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End of the Sydney and Melbourne property boom?<\/a><\/h2>\n<\/header>\n<\/div>\n

The PropTech Group has looked at three-bedroom apartment sales across the city during the third quarter of 2021, pinpointing the most affordable suburbs for buyers in that segment.<\/p>\n

\u201cAfter nearly two years of a pandemic, people want more indoor space,\u201d Joe Hanna, group chief executive and managing director of the PropTech Group, noted of the growing popularity of larger units.<\/p>\n

\u201cAnyone looking for a three-bedroom apartment will want to consider Mount Druitt, Carramar, Berala, and Ingleburn. In all those suburbs buyers were able to find three-bedroom apartments for less than a half million dollars,\u201d he revealed.<\/p>\n

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Average house prices could reach $2 million in Sydney<\/a><\/h2>\n<\/header>\n<\/div>\n

And beyond those locations, Mr Hanna says their data shows it is entirely achievable to find a three-bedroom apartment around the $500,000 mark in Sydney<\/a>.<\/p>\n

They\u2019ve released a list of the 10 suburbs with the lowest settlement prices for three-bedroom units sold in Q3 of 2021.<\/p>\n

Mount Druitt \u2013 $429,950
\nCarramar \u2013 $490,000
\nBerala \u2013 $491,000
\nIngleburn \u2013 $495,000
\nCampbelltown \u2013 $505,000
\nWerrington \u2013 $571,000
\nMerrylands \u2013 $590,000
\nTelopea \u2013 $596,000
\nPunchbowl \u2013 $600,000
\nYagoona \u2013 $600,000<\/p>\n

For buyers in the three-bedroom market, Mr Hanna advises getting comfortable with moving quickly.<\/p>\n

READ MORE VIA REB<\/a><\/p>\n

https:\/\/www.instagram.com\/p\/CYNFKfLBMAY\/?utm_source=ig_web_copy_link<\/p>\n

MOST POPULAR<\/span><\/h3>\n