Busby NSW 2168: Property Market Report & Real Estate Insights

Part of Liverpool, NSW

Busby Real Estate Market Outlook

Thinking about buying in Busby? Now could not be a better time, with 1625 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $913,000 with prices in this suburb ranging from $391,000 to $2,463,000. The approximate distance to the coast is 22 Km.

Living in Busby

In Busby there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. Low average incomes in Busby is reflected in smaller and lower quality accommodation. Over time this may change providsing long-term returns but in the short to medium term, prices are likely to be less than state averages. Low average earnings from people in Busby leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Busby the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

Instant Property Valuation

Busby, located in the southwestern part of Sydney, New South Wales, is a residential suburb marked by its diverse community and evolving housing market. Traditionally, the housing market in Busby has been characterized by its affordability compared to other areas in Sydney, making it an attractive option for first-time homebuyers and families. The suburb boasts a mix of older homes, renovated properties, and newer developments, providing a range of options for different preferences and budgets. In recent years, Busby has experienced moderate growth in property values due to increased interest from investors and homebuyers seeking more affordable alternatives to inner-city living. The proximity to amenities in nearby Liverpool, such as shopping centers, schools, and public transport options, further enhances its appeal.

Living in Busby offers residents a suburban lifestyle with a sense of community and accessibility. The suburb is home to several parks and recreational facilities, providing ample opportunities for outdoor activities and fostering a family-friendly environment. Busby is well-connected to the wider Sydney area via a network of roads and public transport, including buses and trains from neighboring stations, making commuting relatively convenient. The cultural diversity of the area is reflected in local schools, community events, and dining options, enriching the social fabric of the suburb. However, like many suburban areas, Busby faces challenges such as infrastructure development keeping pace with growth and ensuring adequate public services. Overall, Busby provides a welcoming atmosphere for those seeking a quieter, community-focused place to live while still being connected to the amenities of a larger city.

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