Straddling metropolitan Sydney’s North-Western fringe, the Hills District is steeped in history. As one of the first parts of the country to be settled by Europeans, it is home to many heritage-listed buildings. It has also been the site of many significant events that have shaped modern Australia.
Bordering the Greater Western Sydney, North Shore, and Northern Sydney areas, the Hills District starts about 30km from Sydney’s CBD. It is an extremely diverse region, encompassing bustling urban centres, small rural villages, National Parks, and significant agricultural land. In fact, roughly two-thirds of the district is designated as farmland.
Despite this strong connection to the natural environment, the Hills District is also one of Sydney’s fastest growing regions.The urban area is rapidly expanding with new residential land regularly being released. As a result, to many Sydneysiders, the district now has a strong association with display homes and new residential developments.
While this is great news for those looking to move to the area, it has placed significant strain on transport infrastructure. To help address this, the Metro North West train line was opened in 2019 and further major projects are planned. However, driving into the city still takes over an hour as traffic congestion causes significant delays, particularly during peak times.
Despite this, the Hills District remains popular with a wide range of people. From young families looking for space to grow to successful executives searching for a statement property, the Hills District has a broad appeal. It also has plenty of potential for savvy investors that know what to look for.
Luke and Julian each have over 20 years of property investment experience.
As one of Sydney’s main growth areas, the Hills District property market is getting plenty of attention from investors. And, given the variety of opportunities on offer, this focus is something we, as buyers agents, understand. However, there are a myriad of factors an astute investor needs to consider when choosing exactly what and where to buy.
One of the biggest is the strong trend toward home ownership within the district. Whether you are looking in the most exclusive and established streets, or the newly built estates,most properties are owner-occupied. While this usually means a more settled community, it also means competing against buyers with different priorities. This can significantly increase purchase prices and reduce your potential rental yields.
That being said, areas that are seeing significant new development, like Rouse Hill, do tend to be more affordable. They also generally have a higher concentration of rental properties, though this can be a double-edged sword. In these areas, vacancy rates tend to be higher and rental yields tend to be lower than the rest of the region.
If capital growth is your goal, you may want to consider one of the district’s more established areas. You will need a healthy budget, but quality homes in these locations should see significant gains over the long term. This is particularly true for properties that have easy access to a train station or will directly benefit from the planned infrastructure upgrades.
When investing in a market as complex as the Hills District, expert advice is critical. This is where Search Party Property can help, giving you all the insight you need to make informed investment decisions.
As experienced buyers advocates, we specialise in helping people from all walks of life achieve financial freedom through property investing. A big part of this is helping our clients develop the knowledge and skills to manage and grow their investments. And, with our unique Property Portfolio Accelerator model, we can help you reach your goals sooner than you think.
We understand that successful property investment is all about doing your homework and will manage all the necessary analysis for you.This includes drawing data from multiple sources to develop a clear picture of the current state of the market. We will also assess the potential capital growth and rental returns of available properties and share the best opportunities with you.
Then, when you are ready to make a move, we will help you secure your preferred property. As part of this, we will organise final inspections, review the contracts, and negotiate the sale terms on your behalf. We will even help you plan any further work required to get the most from your new investment.
At Search Party Property, our aim is to make the property investment process as painless – and profitable! – as possible. We are passionate about property and committed to creating positive investment experiences for our clients. For more information on our services, or to set up your free consultation,give our friendly team a call.