Sydney apartment opportunities at or under $733,852, Sydney's new median unit price

Urban has taken a look at apartments in three Sydney developments to secure at or under the median apartment value
Sydney apartment opportunities at or under $733,852, Sydney's new median unit price
Urban Editorial January 4, 2021

The Sydney unit market held its ground showing signs of stabilisation, recording -0.1 per cent losses over December, according to data analytics firm CoreLogic.

It followed from -0.7 per cent losses in November and -0.6 per cent shrinkage in October to be down -1.4 per cent over the quarter. The quarterly performance saw apartments offset any early yearly gains to be down -0.2 per cent over the calendar year.

The housing market comfortably outperformed the unit market over 2020, with houses growing four per cent, CoreLogic's data found.

The unit median fell to $733,852 over December.

Urban has taken a look at three Sydney apartments blocks to secure under the median apartment value.

Alex Collective

Address: 163-173 McEvoy Street, Alexandria NSW 2015

Sydney apartment opportunities at or under $733,852, Sydney's new median unit price

Alex Collective, will feature 163 residences, with a dual facade on McEvoy and Lawrence streets. The development is set to be delivered by Alexa Development and Ceerose, with luxury homes starting from $750,000.

A selection of lofts, maisonettes and penthouses will be available for sale, with most homes positioned to be north-facing, with properties on upper levels offering expansive views towards the city skyline, Sydney Park and Alexandria's streetscapes.

The four tower project was approved in November last year.

Kew Schofields Stage 2- Georgette

Address: 23-27 Schofields Road, Schofields NSW 2762

Sydney apartment opportunities at or under $733,852, Sydney's new median unit price

Kew Schofields is a stylish new master-planned community located in north-western Sydney. Developer Positive Investment Enterprise plans to set a new benchmark for relaxed, community living with 2,700sqm of retail space, parklands and recreational facilities within walking distance from each property.

Prices start from $725,000 for a one-bedroom apartment designed by PBD architects, one of 106 residences in the development.

Take a look at Urban's tour of the Kew Schofields display suite.

Bloom Arncliffe

Address: 213 Princes Highway, Arncliffe NSW 2205

Sydney apartment opportunities at or under $733,852, Sydney's new median unit price

Bloom Arncliffe, the residential precinct in Southern Sydney, recently finished its construction.

The 318 apartments across seven buildings are ready for occupation, as part of the $136 million development which also features 36 commercial spaces and a youth centre with basketball courts, a gym and support facilities.

Developer Wingate had Richard Crookes Construction handle the construction of the mixed-use development with one bedroom, one bathroom, one park apartments starting from $595,000 and two bedroom, two bathroom, one park apartments starting from $710,000.

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