I have lived for the past decade in an area of Sydney not many people know about. One of the gems of this city that has remained hidden and is now stronger for it!
From its once leafy suburban past over recent years Chatswood has become known for apartments and development which I think means many families rule it out as a desirable option. But West Chatswood worked incredibly well for my family. The central location, transport links and shopping opportunities it provided, together with decent sized blocks, character homes and tree-lined streets were not what many people were expecting when they viewed my place.
For people relying only on the internet for their property search pockets like West Chatswood will remain undiscovered. Many of the viewers of our home were impressed but admitted they wouldn’t initially have considered the area. A good relationship with the agent meant those clients took his advice to check it out and realised the property and location really did suit their needs.
I think Woolloomoolo is another area of opportunity that is being overlooked by the property internet search. The Wharf represented one of the first developments of its kind in Sydney and will always represent a premium location, but that doesn’t mean good value property opportunities don’t exist.
Too often property hunters are focussed on being the first to discover the real estate holy grail. The ‘the next big thing’ in property is the suburb which hasn’t yet become trendy so prices are low but the area is showing signs it will be the next to go.
For those people Woolloomooloo won’t be included in the internet property search because they consider it has well and truly ‘already gone’! But those people could be missing out.
The mantra of ‘location, location, location’ is undeniably important but my advice is to remember that the internet suburb search criteria can’t unlock all the secrets that represent property opportunity out there right now.
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