The Eastern Suburbs of Sydney is a popular region for real estate investment, known for its beautiful beaches, picturesque harbours, and luxurious homes. It has seen significant development in recent years.
Luxury Properties in High Demand
The area is sought after by wealthy buyers due to its luxurious homes and high-end properties, particularly in areas like Vaucluse, Point Piper, and Bellevue Hill.
Beachfront Living Focus
There’s a growing emphasis on beachfront living with the development of new luxury apartment buildings and townhouses in places like Bondi Beach and Bronte.
Rise of Mixed-Use Developments
The Eastern Suburbs has seen an increase in mixed-use developments that offer residential, commercial, and retail spaces all conveniently located together. Examples include The Spot in Randwick and The Junction in Bondi.
The rise of co-living spaces in the Eastern Suburbs has attracted young professionals and students with shared living areas, communal facilities, and private bedrooms. Examples include The Bower in Coogee and The Village in Randwick.
Infrastructure investments like the light rail and WestConnex motorway have made the region more accessible, driving growth in real estate.
The real estate market in the Eastern Suburbs has seen strong price growth, especially in areas such as Vaucluse, Point Piper, and Bellevue Hill due to increased demand for property amidst limited housing supply.