All About Haberfield, Inner West , NSW 2045

Haberfield Real Estate Market Outlook

Thinking about buying in Haberfield? Now could not be a better time, with 3080 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $3,211,000 with prices in this suburb ranging from $189,000 to $95,749,000. Haberfield is located fairly close to the coast at just 6Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Haberfield driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Haberfield ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Haberfield classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Lower than average population density constrains growth in Haberfield to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

Haberfield, located in the Inner West of Sydney, NSW, is renowned for its charming Federation-era homes, leafy streets, and a vibrant village atmosphere that captures the essence of suburban tranquility while being close to the city. The housing market in Haberfield is often characterized by its heritage-listed properties, which are highly sought after due to their architectural significance and spacious layouts. This demand has kept real estate prices relatively high, making it a competitive market for potential buyers. Many homes feature ornate period details, offering a unique appeal to those interested in historical architecture. The combination of heritage charm and modern convenience continues to drive interest, making Haberfield a desirable locale within Sydney's inner suburbs.

Living in Haberfield offers a distinct, community-oriented lifestyle with a range of amenities and conveniences. The suburb boasts a rich Italian heritage, reflected in its local cafes, restaurants, and delicatessens, contributing to a strong culinary scene. Families are attracted to Haberfield due to its reputable schools and family-friendly parks, such as the popular Robson Park, which provides waterfront views and recreational facilities. Proximity to Sydney's CBD, accessible via efficient public transport options, adds to its allure for commuters seeking a peaceful residential area without sacrificing urban accessibility. Overall, Haberfield presents a harmonious blend of historical elegance and modern-day living, making it a coveted spot for a diverse range of residents.

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