{"id":2721,"date":"2022-06-03T00:50:29","date_gmt":"2022-06-03T00:50:29","guid":{"rendered":"https:\/\/royabhishek.in\/urbanbuyer\/top-5-affordable-waterfront-suburbs-to-look-at-around-sydney\/"},"modified":"2022-06-03T00:50:29","modified_gmt":"2022-06-03T00:50:29","slug":"top-5-affordable-waterfront-suburbs-to-look-at-around-sydney","status":"publish","type":"post","link":"https:\/\/royabhishek.in\/urbanbuyer\/top-5-affordable-waterfront-suburbs-to-look-at-around-sydney\/","title":{"rendered":"Top 5 affordable waterfront suburbs to look at around Sydney"},"content":{"rendered":"

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When you think of waterfront properties in Sydney<\/a><\/u>, your mind often goes to well-known beach suburbs like Manly or Bondi.<\/p>\n

But buying a house in these suburbs would cost you over $4.5 million – which is a price most people just can\u2019t afford.<\/p>\n

However, waterfront properties aren\u2019t completely out of reach.<\/p>\n

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For buyers and investors looking for a more affordable region, the Sutherland Shire might be the ideal choice.<\/p>\n

There has been mass development in the area over the past few years with new residential blocks and upgrades to public transport.<\/p>\n

Here are the top 5 affordable waterfront suburbs to look at around Sydney<\/a><\/u>.<\/p>\n

1. Woronora – $1.46 million<\/span><\/h2>\n

\"Woronora<\/p>\n

Woronora is known for the pristine Woronora River that runs through the suburb.<\/p>\n

You\u2019ll find views throughout the area, even from homes that aren\u2019t right on the waterfront.<\/p>\n

Median sold prices over the last year are $1.46 million for houses, and, based on five years of sales, Woronora has seen an impressive compound growth rate of 18.8% for houses.<\/p>\n

2. Jannali – $1.54 million<\/span><\/h2>\n

\"Jannali<\/p>\n

Jannali offers a modest selection of waterfront apartments and houses at a much more affordable price.<\/p>\n

With the median unit price at about $802,000, Jannali could be the perfect option for first home buyers looking to get onto the property ladder.<\/p>\n

It could also be an option for investors looking for a lower barrier to entry.<\/p>\n

Houses are considerably more affordable in comparison to Cronulla with a median of $1.54 million.<\/p>\n

3. Bonnet Bay – $1.64 million<\/span><\/h2>\n

\"Sydney<\/p>\n

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Bonnet Bay is also located on the Woronora River and offers an idyllic waterfront lifestyle.<\/p>\n

Despite being in close proximity to everything you need, the suburb is filled with nature and is perfect for anyone who wants to enjoy the outdoors.<\/p>\n

The median house price in Bonnet Bay is currently around $1.64 million.<\/p>\n

4. Bundeena – $1.85 million<\/span><\/h2>\n

\"Bundeena\"<\/p>\n

Bundeena is a small suburb in the Sutherland Shire that makes an ideal option for those wanting close proximity to the outdoors.<\/p>\n

You\u2019ll be surrounded by the Royal National Park and a number of different beaches.<\/p>\n

You\u2019ll find houses for around $1.85 million.<\/p>\n

5. Cronulla – $3.07 million<\/span><\/h2>\n

\"Cronulla\"<\/p>\n

Cronulla Beach is definitely one of Sydney\u2019s most popular and well-known beaches.<\/p>\n

And the area has surged in demand recently, likely thanks to the sea- and tree-change shift which has seen Sydneysiders move to lifestyle suburbs.<\/p>\n

Just 2 years ago the median house price in Cronulla was $1.9 million – today that has shot up to $3.07 million, giving a compound growth rate of 33.6% over the past 5 years.<\/p>\n

The good news is that the median unit price for the area is significantly more affordable at around $980,000.<\/p>\n

With something on offer for every kind of person, Cronulla is popular with tourists, families, young professionals, and retirees.<\/p>\n

To recap<\/span><\/h2>\n

If you\u2019re looking to buy or invest in a waterfront property but don\u2019t want to dish out on a property in the Eastern Suburbs or Lower North Shore, the Sutherland Shire could be ideal for you.<\/p>\n

It\u2019s not too far from the Sydney CBD and has everything you need.<\/p>\n

A few other suburbs that you could look into in the Sutherland Shire include Como, Oyster Bay, and Maianbar.<\/p>\n