50 Sydney homes for under $500,000

Written by realestateview.com.au in Buying on January 25, 2019

Over 2018 and into 2019, Sydney has seen the most significant falls in house prices, after adjusting from peak 2017 prices. As a result of tighter lending practices, especially those driven by APRA’s macroprudential measures in early 2017, investors took a step back from the market, which is a part of why prices in the major markets of Melbourne and Sydney decline. However, the largest falls have been seen in the higher deciles, leaving the most affordable homes relatively unscathed. This is good news for investors who are still looking for short to mid-term investment options for flipping, or first-time investors or buyers looking to enter the property market.

While Sydney has long been touted as one of the most unaffordable cities in the world, there are still opportunities to find investment opportunities. Below are 50 homes in and around Sydney that are hovering under $500,000 and represent a mix of apartments, small homes, and opportunities to inject quick value through renovations. Happy hunting!

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1/135 Elizabeth Drive, Liverpool NSW 2170 – 2 Bedrooms

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82/300A Burns Bay Road, Lane Cove NSW 2066 – 1 Bedroom

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2/56 Taylor Road, Albion Park NSW 2527 – 2 Bedrooms

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7/5-7 Grose Street, Parramatta NSW 2150 – 2 Bedrooms

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3/10 Stanley Street, Campsie NSW 2194 – 2 Bedrooms

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14/107 Castlereagh Street, Liverpool NSW 2170 – 2 Bedrooms

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14 Mulawa Street, Bolton Point NSW 2283 – 3 Bedrooms

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10 Stagg Place, Ambarvale NSW 2560 – 3 Bedrooms

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9/106-108 Victoria Road, North Parramatta NSW 2151 – 2 Bedrooms

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37/8 Hope Street, Rosehill NSW 2142 – 2 Bedrooms

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33/16-24 Lydbrook Street, Westmead NSW 2145 – 1 Bedroom

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12/76 Great Western Highway, Parramatta NSW 2150 – 2 Bedrooms

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8 Taylor Road, Albion Park NSW 2527 – 3 Bedrooms

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10/82-88 Daintree Drive, Albion Park NSW 2527 – 3 Bedrooms

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8/23 Railway Street, Kogarah NSW 2217  – 2 Bedrooms

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5/24-26 Pemell Street, Wyoming NSW 2250 – 3 Bedrooms

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20/54 Meadow Crescent, Meadowbank NSW 2114 – 1 Bedroom

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35/7-9 Gilbert Street, Dover Heights NSW 2030 – 1 Bedroom

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10/3 Cross Street, Balgowlah NSW 2093 – 1 Bedroom

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17/22-24 Shackel Avenue, Brookvale NSW 2100 – 1 Bedroom

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7/24 Albert Street, Hornsby NSW 2077 – 2 Bedrooms

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4/660 Barrenjoey Road, Avalon Beach NSW 2107 – 1 Bedroom

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102/1 The Piazza, Wentworth Point NSW 2127 – 1 Bedroom

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 3/26 Birmingham Street, Merrylands NSW 2160 – 2 Bedrooms

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