As competition for commercial real estate opportunities in the Sydney CBD continues to intensify, savvy investors are expanding their search to the surrounding metropolitan areas.
Recent data shows roughly two thirds of greater Sydney investments are happening outside the CBD, as purchasers flock to Sydney’s metropolitan suburbs. Underpinning demand is the availability of diversified assets at varying price points, attractive to a variety of buyers.
The appeal of investing in vibrant and upcoming suburbs can be hard to overlook especially with the lure of blue chip tenants driving the average Sydney metro yield to 5.6%.
Across all sectors, indicators suggest the Sydney fringe will continue to appeal to both local and offshore investors in 2018 and beyond.