Sydney Suburb Profiling for PPOR Purchase

Hey everyone,

I've started to look at properties in Sydney (I know, FML) and it looks to me that there are some cheaper suburbs pretty close to CBD like Lakemba, Punchbowl, Bankstown, Yagoona, Riverwood, Padstow, Panania, Liverpool, Casula, Fairfield, Yennora, Smithfield and Merrylands. I had a look at the crime tool and these suburbs don't have a particularly high rate of crime either. Are these suburbs cheap because they are predominantly populated by middle eastern descent population? Or is it just a perceived stigma around these suburbs that's keeping people away from them?

My second question is about general consensus on affordable suburbs that are livable?

Thanks!

Oh shoot, it might be useful if I include a bit about myself, single male in late twenties, have a stable job and studying as well.

Comments

  • +1

    predominantly populated by middle eastern descent population

    Looking at the suburbs you've listed, it seems like you've got that perfectly right!

    • I was going for a door-to-door commute < 1hr and affordable suburbs and these appeared to be cheaper. The Lidcombe, Auburn, Merrylands belt is high on crime so stopped looking there.

      • +3

        Being an asian, i spent the first 30 years of my life living in the worst of your listed suburbs. From the outside it looks and sounds bad, but I never ever had any trouble.

        What I think I've noticed is the prices of the properties don't seem to have grown as much as other suburbs.

        • I guess it's the stigma then?

        • @enzioFirenze:

          I'm not sure how I'd describe it, but there's definitely a different feel to those suburbs and the properties around those suburbs seem a little more run down than others (except maybe Liverpool where they started building some apartments).

          I grew up and went to school around so I had a few friends. Not sure what you're used to, so I can't say whether I think it'd be right for you.

  • +1

    Hmm, sounds dangerous to settle down in those areas. I bet you'll find a good kebab there though.

  • +2

    That crime tool is a tricky one.

    It defaults to "non-domestic assaults".

    Now tick domestic and see the western suburbs line light up like a Christmas tree.

    Motor vehicle theft and see Bankstown area and… once again the western burbs light up like a Christmas tree…

    Arson and see western sydney light up again.

    Bankstown, punchbowl, lakemba (and many that you mentioned) are all shit suburbs that no-one would "choose" to stay in. The middle eastern crowd are generally not the issue, more the Aussie welfare crowd.

    Have you considered a sharehouse closer to the CBD?

    • The middle eastern crowd are generally not the issue,

      it's the minority in that crowd that's taking the limelight, or the majority depending on who's telling the story.

    • that's interesting, I'll have a play with that and see, but these areas have relatively low prices compared to even other western suburbs like Wenty, Seven Hills and Blacktown, it's kinda shame though, pretty much all the affordable suburbs that are close to CBD have some caveat in them, case in point: Auburn, it's a very accessible suburb but a shame it's in the current state.

    • what do you mean by sharehouse? I'm thinking of buying

      • Why would anyone want to buy in Sydney?

  • +1

    Of those you have listed, I think Padstow is likely the pick. Riverwood is OK too, but has a big housing commission block of flats that the locals say generates a lot of crime. I think both are pretty normal, middle of the road Sydney suburbs.

    • yeah it seems to be the case that housing commission blocks are to be avoided at all costs, will keep that in mind, thanks!

  • If you are confident sharing, what is your nationality?

    I live in the lower mountains, and would have no issue living in the areas you have listed (Asian Australian) as I just understand and can mold into the social dynamic of all of these areas. It is a stigma mostly !!

    Just a couple of examples;

    If you are an Anglo Australian, the culture and the way of doing things in those areas is very in your face. But if you are a Chinese or Middle Eastern Aussie you will feel comfortable. For example in Auburn, with the take away shops. There is no concept of a line to be served you jut rock up and the line to be served is just what everyone's perception is, when it is your turn you just speak up, if you don't speak up, you miss out. Whereas if you were to go to a take out shop in say Hornsby or Gordon, everyone will be in a neat line if you piped up by accident you will receive rude stares and may possibly be confronted etc.

    Similarly in say Lakemba / Auburn / Cabramatta etc. it is just so normal for somebody to slow down to a halt along the main shopping strip while driving and say a quick hello to his/her mate walking up the street. If you were to crack the shits and beep and push them along, everyone in the immediate vicinity will actually think you are the weird one and you are causing a nuisance. Whereby this same practice in the northern suburbs will receive all sorts of profanities and will likely receive strong response etc.

    These are just some small social dynamic examples, obviously it is very micro, but the hundreds of little things like this that are done differently, contribute negatively to the over all stigma of the areas.

    This would apply to most of the areas you have listed - Middle Eastern / Asian dominated etc.

    Lastly I just want to add, I love how you've looked through these areas and labelled them as cheap. Are you looking at apartments? because houses/townhouses are NOT cheap in these areas.

    • I don't really have a problem with integrating either, can look after myself well and blend in, and yeah, I get what you are saying, I've lived in some suburbs where people complain as well but I've found them to be alright. I currently live in eastern suburbs and really like my lifestyle but won't be able to buy anything in the eastern suburbs for the foreseeable future so…

  • Hope you enjoy loud car sounds at night, people with thick wog-like accents and kebabs. I personally have family in this area. Their houses are definitely not cheap. 1 million+ for a 4-5 bedroom.

  • +1

    padstow, Panania, revesby are suburbs that are the pick of the bunch. south side of bankstown and cantebury road. more Caucasian than ethnics… however that is changing very quickly as a lot of the other enthic groups are moving into these suburbs because they are less ethnic.

    padstow has express trains to the city via the airport that takes 20 minutes but is getting more crowded as more and more people start living in mascot and green square a 4 bedroom brand new duplex in padstow will cost about $1.2mil

    panaina, well we looked at a place 580sqm free standing fibro house that will need a lot work to live in or you could knock over and spend 500K on a project home. for 830K that was November last year. our friends have only started building the house. to buy exactly the same thing… the neighbours old house now cost $1mil today

    Revesby is much nicer than padstow and the property prices are about 10% more than padstow.

    if the property here in these suburbs are of duplex development potential then the property will sell close to $1.35 mil if the property is town house development potential than well above 1.6mil.

    look at a house in Revesby, vega street Revesby 15 minute walk to station, walking distance to schools, 900sqm with a 20m frontage. old fibro cottage renovated $1.65mil. a 3 bedroom town house on the same street will cost you $800K

    these suburbs aren't cheap

Login or Join to leave a comment