Everything old is new again – and that is certainly true for three North Shore suburbs which are on the up and up with hipster home buyers.
Old-school, old-money North Shore suburbs like Neutral Bay, Lane Cove and Crows Nest are now being infiltrated by trendsetters who are bringing hip cafes, bars and boutiques with them.
This slow migration of Sydney’s Bright Young Things is similar to the rejuvenation seen over the last few years in Redfern and Surry Hills.
This is great news for homeowners as with the increase of leather satchels, beards and fixies comes an increase in house prices.
The Daily Telegraph listed their picks for the top 10 Sydney up and coming ‘it’ suburbs and the North Shore was home to three of those picks:
Neutral Bay offers residents their own slice of harbour life but with a slightly lower median rent and property prices compared to their neighbours. It’s a great destination for first home buyers and recently the suburb had a bunch of new and exciting restaurants come to stay and with such a quick commute to city or surf it’s no wonder youngsters are moving here
There are a whole host of luxury boutique developments popping up over Lane Cove which has met the demands of young professional and young family buyers. The older generation has moved out making way for cool new restaurants and shops to enjoy some cheaper rents found in this neck of the woods
Crows Nest is known for its terrace houses and village atmosphere and its popularity is evident as the suburb showed huge price growth of up to 20.7 per cent. There’s a bunch of cooler precincts scattered in the area with Willoughby Road offering a multitude of bars and restaurants.
If you’re looking to buy a home in any of these North Shore regions it’s important to understand the condition of the house before you buy. Contact us for a detailed building and pest inspection so you can buy with confidence.