Sylvania NSW 2224: Property Market Report & Real Estate Insights

Part of Sutherland, NSW

Sylvania Real Estate Market Outlook

Thinking about buying in Sylvania? Now could not be a better time, with 6744 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,995,000 with prices in this suburb ranging from $81,000 to $367,447,000. Sylvania is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Living in Sylvania

Consistent high demand relative to supply is a key feature in Sylvania driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Sylvania due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Sylvania provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Lower than average population density constrains growth in Sylvania to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Sylvania, located in the Sutherland Shire of New South Wales, is a suburban area known for its appealing mix of residential comfort and proximity to natural landscapes. The housing market here is characterized by a diverse range of properties, from charming older homes to modern apartments and waterfront properties, reflecting a balance between traditional and contemporary living. In recent years, the demand for housing in Sylvania has seen considerable growth due to its desirable location, approximately 22 kilometers south of Sydney's central business district. This demand is driven by both its proximity to the city and the serene environment it offers, contributing to rising property prices. Buyers are attracted to the region due to its reputation for safe neighborhoods, access to quality schools, and robust local amenities, making it a sought-after location for families and professionals alike.

Living in Sylvania offers residents a harmonious blend of urban conveniences and the tranquility of nature. The area is surrounded by waterways, including the Georges River and Botany Bay, providing ample opportunities for outdoor recreational activities such as boating, fishing, and picnicking. Sylvania is well-served by public transport options and major roadways, enhancing its connectivity to Sydney and neighboring suburbs. The community is vibrant and family-friendly, with numerous parks, shopping centers, cafes, and dining options that cater to a variety of lifestyles. Residents often praise the sense of community, with local events and activities fostering a welcoming and engaged atmosphere. Overall, Sylvania provides a balanced lifestyle with the benefits of suburban living and easy access to the bustling city life of Sydney.

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