June 2021: Top affordable apartments in Greater Sydney for under $440,000

With Sydney's median unit price at $771,859 in April, Urban takes a look at five new developments on the market that you can secure for under $440,000

June 2021: Top affordable apartments in Greater Sydney for under $440,000
Georgette in Kew. Image supplied

First home buyers, investors and downsizers alike will find comfort knowing that you can find a brand-new luxury apartment in New South Wales at an affordable price point.

Urban takes a look at five new developments on the market under $440,000, approximately 43 per cent lower than Sydney's median unit price of $771,859, calculated by CoreLogic.

1. Georgette, Schofields
Address: 23-27 Schofields Road, Schofields NSW 2768
One-bedroom apartments from $440,000

Georgette is the second stage of Positive Investment Enterprise’s Kew Schofields project, integrating convenient living with natural beauty in one of Sydney’s newest suburbs, Schofields.

Slated for completion later this year, Georgette boasts light-filled apartments in one and two-bedroom configurations.

Designed by PBD Architects, the residences feature ample storage, extended gardens and state-of-the-art energy and storage innovations thanks to a partnership with Tesla. 

2. Riva, Parramatta
Address: 30 Charles Street, Parramatta NSW 2150
One-bedroom apartments from $405,000

Offering apartments that are an impressive 20 per cent more spacious than those in neighbouring buildings, Riva offers brand-new luxury residences at an affordable $405,000.

Buyers can choose from studios, dual key and oversized configurations, with each residence in the Meriton project boasting floor-to-ceiling joinery, panoramic views and contemporary design.

The complete and ready to move in Riva development is part of the future 180 George mixed-use precinct, set to deliver world-class facilities, from dining and retail to resort-style facilities.

3. Collection, Rouse Hill
Address: 49 Terry Road, Rouse Hill NSW 2155
One-bedroom apartments from $399,000

As the most affordable property on this list, the Marquess Group’s Rouse Hill project, Collection, offers 311 residences in one, two and three-bedroom configurations in Sydney’s growing north-west.

The DKO Architecture-designed development features luxury and modern design with spacious open-plan layouts, walk-in showers and on-site amenities.

Generous entertainer balconies boast beautiful views of the surrounding landscape and Berowra Valley National Park.

4. Lumina, Penrith
Address: 26 Lord Sheffield Circuit, Penrith NSW 2750
One-bedroom apartments from $395,000

Developed by Urban Property Group, Sheffield Quarter’s Lumina is a rare find that raises the bar on contemporary luxury living. 

Situated in one of Australia's fastest-growing regions, the project is located in close proximity to Penrith's dining precinct, stunning parklands, the Nepean River and the Blue Mountains.

Residences at Lumina, Sheffield Quarter offer a choice of one, two, or three-bedroom apartments and features inspired design by DKO Architecture, premium finishes and a lush rooftop garden.

5. Concerto, Merrylands
Address: 228 Pitt Street, Merrylands NSW 2160
One-bedroom apartments from $415,000

Dyldam’s masterplanned precinct, Opera, comprising 1,200 residential units over a 2.5-hectare site has introduced their first stage, Concerto.

Located just five minutes from the Parramatta CBD, the 19-storey project offers one, two and three-bedroom residences with a variety of configurations and floor-plans.

Designed by Plus Architecture, the 363-resident building is expected to reach completion this year, featuring amenities such as a rooftop courtyard, pool, gym and barbeque facilities.

With four levels of secure parking for cars and bicycle spaces, come home to a space filled with light and effortless style at Concerto.

View the top five two-bedroom apartments you can buy in Sydney here.

Max Kwok

Max Kwok

Max Kwok is a staff contributor at urban.com.au. Based in Sydney, Max has previously worked at Property Observer where he specialised in content creation and editorial research.

Tags: 
NSW apartments affordable living New Developments Sydney luxury First Home Buyer

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