The home you live in is the culmination of your efforts. Moreover, in case of financial difficulties caused by external factors outside your control, the property in which you have invested can represent your greatest asset and act as a safety net that ensures the economic security of your loved ones. However, what was enough just a couple of years ago may now be insufficient for your family’s growing requirements.
Do you need more space? Would you like your children to grow up in a safe environment away from the hustle and bustle of central Sydney? Want to take advantage of the extensive developments in Sydney’s suburbs? If so, you should look at houses for sale in Edmonson Park. Being situated right at the intersection of Prestons and Bardia, this suburb is recognised for its real-estate development project and its proximity to some of the most spectacular natural landmarks in Eastern NSW. Plus, it boasts a family-friendly environment with numerous parks and recreational facilities suitable for children and young couples.
Spaciousness and Affordability
For one thing, suburban properties are spacious and represent excellent value for money. The median price for a home in Central Sydney has passed the $1.6 million mark. At these numbers, an average Australian, who earns an annual average wage of $92,000, will have to work for about 18 years to afford a house. And that’s if he saves up his entire income and there are no additional expenses involved. That’s not possible, so most people are forced to take out a mortgage in conditions that are becoming increasingly disadvantageous as properties listed on the real estate market appreciate.
While it is true that houses in Australia are the most spacious in the world, this does not necessarily apply to properties in the heart of the city. Do you want to live a worry-free life, away from the hustle and bustle of central Sydney, in a house significantly cheaper and more spacious than you could find in Redfern or Paddington? Then, it would be best if you looked at houses for sale in Sydney’s western suburbs. In Bardia, for example, the median listing price for available dwellings is 945,000 dollars, and the prices are rising at a steady 6% rate every twelve months. Would it prolong your commute? Perhaps. However, when compared to central Sydney properties, the half-million-dollar difference in median real estate prices is hard to ignore.
A Better Place to Raise Your Family
Sydney is one of the safest cities in the world. However, the criminality rate in the city centre is slightly higher than in the suburbs, especially the ones situated next to the Western Sydney Parklands. Do you want your children to grow up in a quiet environment that offers convenient access to NSW’s most beautiful landmarks? Do you want to leave behind the bustle and hustle of the city centre and live in a neighbourhood in which residents know each other, help each other and can keep an eye out for unusual activities? If so, you should look at a property for sale in a developed suburb like Green Valley.
The houses for sale in Edmonson Park or Green Valley come with private parking, are close to all the amenities you could want, and their market value is steadily increasing. Inflation in Australia in 2024 is hovering around 3.6%. However, the median prices of real estate listening in Sydney’s suburbs are rising by more than 6% a year. Purchasing a house, as the market stands, will almost surely bring a significant return if you decide to sell it in ten or fifteen years. In addition, your house may be personalised according to your family’s subjective preferences, which might add to its real estate value.
What Can You See Nearby?
Does your family enjoy outdoor excursions? Would you like your free time to be spent exploring some of the most spectacular locations in western NSW? If so, relocating to a suburb like Green Valley or Bardia could be one of your most well-thought-of ideas. Only 10 kilometres away from Bardia, you can find the Western Sydney Parkland, an expanse of terrain, 5000 hectares in size, filled with playgrounds, serene biking trails, picnic areas and forested land. Are you looking for something even more rugged? If so, 20 minutes away by car, you can find the Georges River National Park, which offers some of the most beautiful river views in NSW.
Do you have time to spare for a day trip? In that case, you could visit the Blue Mountains National Park, which is situated 100km west of Bardia. Plus, if you want to relax in a mountainous region and don’t mind taking a few days off work, you could visit Mount Kosciuszko, Australia’s highest peak, which is conveniently reachable via the M31 highway. NSW is home to spectacular mountain scenery and some of the most pristine beaches in Eastern Australia. Do you want to be close to nature? To reduce your daily stress and forge a strong connection with your family? Then, moving to a Syndey suburb, close to natural landmarks, can be one of your wisest choices.
An Investment for a Lifetime
Buying a home in Green Valley or Edmonson Park can, in many ways, be one of the most rewarding decisions you have made so far in your life. Sydney’s suburbs are undergoing an extensive process of urban development, which means you’ll be close to virtually all the amenities you were used to in the city centre. Moreover, the metropolitan area of Sydney is well-connected via an extensive road and railway network. So, your work commute, at most, will be prolonged by 15/20 minutes.
Edmonson Park is well connected to Sydney’s CBD via the M31 motorway, and it’s linked to Paramatta, Ingleburn, Liverpool, or central Sydney through bus and the South West rail link. Last but not least, looking at houses for sale in and around Sydney’s suburbs can be a financially inspired decision. Sydney is one of the most expensive cities in the world, and the median price of properties listed here has reached unsustainable values for most Australian families. Suburban properties, at least so far, are considerably cheaper and have a significant appreciation potential, which transforms them into wise real-estate investments.