How much is your property worth?
As property lawyers and conveyancers in Marrickville, it’s no surprise that inner-western Sydney property prices are a hot topic of conversation. The inner-west’s property market has recently seen some dramatic rises; the reasons for which we’ve covered on this blog before. Go back 30 years and Sydney’s Balmain was so rife with crime you wouldn’t invest for fear of being woken up by the wailing sounds of sirens every night; today Sydney’s champagne socialites, executives, CEOs, celebrities and all-round-general big-bucks big-wigs are sitting in the lap pool of luxury situated within their multi-million dollar homes. For some the numbers are a blessing – those who bought into the market years ago are now sitting on a pretty penny – for others the pressure is on and renters and homeowners are being priced out of a community they love.
We’ve pulled the latest numbers from Australian Property Monitors and compiled the latest stats on the inner-west below. Are you a happy chappy; or a battler feeling the pinch?
Home- $850, 000
2. Dulwich Hill
3. Summer Hill
10. Five Dock
12. Hurlstone Park