When it comes to investing in property, monitoring future developments can be hugely beneficial in staying ahead of the market and securing a property at a good price in a high-growth area.
Thinking about buying property in Sydney? Here are five areas in Sydney undergoing major changes in the not-too-distant future.
Encompassing the inner-eastern suburbs of Alexandria, Zetland, Waterloo, Rosebery and Beaconsfield, the Green Square precinct is the focus of a major urban renewal project designed to transform Sydney’s oldest industrial heartland into a vibrant, sustainable and connected community.
The City of Sydney has committed $540 million over the next 10 years to create world-class community facilities in the area, including an innovative new library and plaza, an aquatic centre, parks and playgrounds, a childcare centre and a creative hub. Infinity by Crown, a commercial and residential development in Zetland designed by architect Koichi Takada, is also nearing completion and will be home to a diverse range of cafes, bars, restaurants and retail outlets. With a 10-minute commute to the city from Green Square station, the area is looking to be a major drawcard for professionals and young families alike.
Thanks to the announcement of Western Sydney Airport opening in 2026, Badgerys Creek has fast become one of Sydney’s most rapidly growing suburbs. Alongside the new airport, the NSW government has announced that a new suburb, South West Creek, will be built nearby, and will see 30,000 new homes constructed.
The construction of the airport will bring with it new job opportunities as well as local dining and entertainment options. Property prices in Badgerys Creek and the surrounding suburbs have seen significant uplift in recent years and will likely continue to grow in line with the area’s expansion.
The lesser-known neighbour to Northern Beaches suburbs like Manly and Dee Why, Brookvale is tipped to be the new hotspot for buyers seeking out a beachside lifestyle. The Northern Beaches council has announced a master plan to transform Brookvale from a major industrial area into a vibrant residential and commercial hub.
The council’s vision for Brookvale will see more bars, cafes and restaurants in the area, as well as new residential developments. Adding to the area’s appeal is the B-line bus network connecting residents to the city, the recently opened Northern Beaches Hospital and the planned Beaches Link tunnel, which will connect the Northern Beaches to the Warringah Freeway and south across the harbour through the Western Harbour Tunnel to WestConnex.
Once considered the heartland of outer Western Sydney, Auburn is now being absorbed into the Inner West market thanks to its convenient 30-minute commute time to the city and its range of cultural offerings. The local restaurants and cafes are a haven for foodies, while there’s greenery aplenty at the nearby Auburn Botanical Gardens.
Cumberland Council also has big plans for the area, with the Auburn Residential Strategy outlining a major plan for expansion to accommodate increased residential growth over the next decade.
Slated to be Australia’s Silicon Valley, Eveleigh is an up-and-coming inner-south Sydney suburb to keep an eye on. Developments like Mirvac’s Axle building (the new Commonwealth Bank headquarters) and Carriageworks, alongside the council’s new technology and innovation project, are transforming the area from an industrial precinct to a residential and commercial hub.
With lots of new residential developments, restaurants, cafes and good public transport in the area, Eveleigh is fast becoming the ideal suburb for young professionals, hipsters and young families.