Discover NSW Top 5 Cities that are under $650K

Discover NSW Top 5 Cities that are under $650K

Discover NSW Top 5 Cities that are under $650K

Amid this property boom, the NSW market has been considered as unaffordable by many. This impression is mostly due to Sydney where house prices can easily reach multi-millions alongside some coastal cities. However, data shows that even in this state, there are still affordable markets that demonstrate potential for or have strong growth momentum, and healthy rental yields.

In this month’s Market Pressure Review, InvestorKit reviews the state's regions where median prices are below $650k. Alongside examining their sale and rental markets’ historical performance and current pressure. To ensure these medians were reliable, we jumped online to Domain and REA to see if a healthy frequency of houses under $650k actually existed. As many cities in NSW exist with sub $650k median prices however, they did not have any large frequencies of houses below this mark.

We applied a "Top 5" approach (not noted in order), to find They are either well placed in their growth cycle and under high market pressure or are just starting out, which are indicating further healthy growth in the short term.

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Get key insights into property from this whitepaper:

A market pressure deep dive into 5x regions below $650k in NSW demonstrating upside
Locations that balance capital growth potential, cashflow, and healthy rental markets
Discover key market indicators and trends shaping the affordable regions of NSW

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