New developments, employment hubs, and lifestyle opportunities appear to be the key influencing factors behind New South Wales’ most popular property hotspots, according to the latest data.
Prop tech firm InfoTrack has released its Property Market Update Q4 2024 which, for the first time, uses statewide data to examine the total number of sales across all buying groups, not just first-home buyers.
It found the 2765 postcode (Marsden Park and surrounds) topped the list for the highest volume of sales from 1 October to 31 December last year.
InfoTrack’s Head of Property Australia, Lee Bailie, said many of the top performing suburbs shared similar features.
“Both Marsden Park (2765) and Austral (2179) which came in at number four are both about 50kms from the Sydney CBD. They’re proving attractive to buyers because they’re home to new housing developments, offering more affordable living,” Mr Bailie said.
Buyers were also targeting suburbs such as Liverpool (2170 Postcode), which finished in second spot, and Westmead (2145 Postcode), which rounded out the list at number 10, because they were “close to employment hubs and well-connected to central Sydney”.
“Coastal and semi-rural areas like Port Macquarie (2444 postcode), which finished in eighth position, and Camden (2570 postcode) which came in seventh, made the list because they provide relaxed living for buyers looking for a lifestyle change, without losing the urban convenience.
“And growth suburbs like Wyong (2259 postcode), which finished sixth, and number three spot Kellyville (2155 postcode), promise strong value with ongoing infrastructure upgrades,” he said.
The report found Greater Western Sydney continued to be the location of choice for the State’s first-home buyers.
“Suburbs including Liverpool (2170 postcode), and St Marys (2770 postcode), dominated through Q4 with affordable entry points into the market, and access to rapidly developing infrastructure,” he said.
“Westmead (2145 postcode), Parramatta (2150 postcode), and Blacktown (2148 postcode), are proving popular for commuters and value-seekers alike, due to the proximity to major job centres and transport. Coastal areas like Gosford (2250 postcode) offer a relaxed, family-friendly environment, while areas like Kellyville (2155 postcode) cater to buyers seeking modern suburban living with local amenities.”
Penrith (2750 postcode) – which came in at number eight – returned to the list of the top 10 suburbs for first-home buyers for the first time since 2023.
“Penrith, and Glenmore Park (2747 postcode) which finished at number six on the list, are positioned in high-growth corridors, offering long-term value for first-home buyers.”
Media enquiries: Clare Christensen Adoni Media | 0427 920 520 | clare@adonimedia.com.au
