Inner suburbs emerge among top ten Sydney postcodes for first home buyers

Sydney’s western fringe has traditionally been the stalwart choice for first home buyers looking to get on the property ladder, but some new postcodes have entered the top ten – and they’re a lot closer to the CBD.

Just five kilometres from the Sydney CBD, postcode 2017 is a surprise new entrant on the list of most popular areas for first home buyers – sneaking in at number 10.

The inner-city postcode takes in the suburbs of Waterloo and Zetland.

“This postcode has seen a steady and gradual increase month-to-month since the start of the year, with units the most popular type of property purchased,” InfoTrack’s Head of Property Australia, Lee Bailie, said.

Almost three-quarters of all homes listed in this postcode were within the $500,000 to $1 million price range.

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