Alexandra Mannis, Property Manager at Meridien Realty, talks about property investment in Sydney’s north-west.
Right now, we’re seeing two types of property investors across Sydney’s north-west: those holding steady and enjoying reliable rental returns, and others looking to sell in order to upsize their apartment to a freestanding house to accommodate growing families.
Suburbs like Rouse Hill, Kellyville, North Kellyville, Kellyville Ridge, Beaumont Hills, Tallawong and Box Hill have all expanded rapidly. As the area matures, we’re seeing a shift. Properties once owned by investors are increasingly being sold to owner-occupiers who want to settle in for the long term.
We’re also working with a growing number of first-home buyers who originally purchased an apartment to get on the property ladder. Now they’re ready to upgrade to their first freestanding house or townhouse, and that brings the age-old question: do you sell first or buy first? That’s where a conversation with us can make all the difference.
If you’re an investor in the Hills and you’re weighing up your next move, get in touch with the Meridien team. We’ll help you lease, manage or sell, whatever’s right for your situation.
