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Haberfield suburb profile

Haberfield is a charming suburb in Sydney's inner west, renowned for its well-preserved Federation-style homes and rich Italian heritage. Located approximately 9km from the CBD, it offers a peaceful residential atmosphere with tree-lined streets and a strong community spirit. Known as the "Garden Suburb," Haberfield boasts beautiful parks and gardens, providing ample green spaces for relaxation and recreation. The suburb's vibrant dining scene, featuring authentic Italian eateries and specialty shops, attracts food enthusiasts from across the city. With its blend of historical charm and modern conveniences, Haberfield remains a sought-after destination for families and professionals alike.

Haberfield property market performance

Haberfield's property market has seen a significant increase in house values, with a 20.1% rise over the past 12 months, bringing the median house price to $3.38 million. The area has experienced limited unit market activity, indicated by a median unit price of $0 and no units sold.

Over the past three months, 11 houses have been sold, with properties spending a median of 49 days on the market, suggesting a moderate demand in the housing sector.

The rental market has remained stable, with average rents unchanged for both houses and units at $1100 and $650 per week, respectively, over the last 12 months.

HousesUnits
Median price
Past 3 months
$3.38MN/A
Change in value
Past 12 months
20.1%N/A
Sold
Past 3 months
11N/A
Median days on market
Past 12 months
49N/A
Average rent
Past 12 months
$1100$650
Change in rent
Past 12 months
-8.3%N/A

5 year median price trend for houses and units

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Haberfield demographics

Haberfield, a charming suburb in Sydney's Inner West, is renowned for its rich heritage and family-friendly atmosphere. Known as the "Garden Suburb," it boasts wide, tree-lined streets and beautifully preserved Federation-style homes, making it a picturesque and desirable place to live. With a population of 6,480 and a median age of 46, Haberfield attracts a mature demographic, including established families and long-term residents who appreciate its tranquil environment and community-oriented lifestyle.

The suburb's strong family presence is evident, with 54.7% of households being couple families with children, and 31% being couple families without children. This highlights Haberfield's appeal to families seeking a stable and nurturing environment. The median total household income of $2,761 per week reflects the suburb's affluence and the residents' preference for quality living standards.

Property ownership in Haberfield is predominantly outright, with 50.7% of homes owned outright and 31.8% owned with a mortgage. This indicates a stable housing market with a significant number of long-term homeowners. Only 17.5% of properties are rented, suggesting a strong sense of community and continuity among residents. The suburb's proximity to the CBD, coupled with its peaceful ambiance and excellent local amenities, makes Haberfield a sought-after location for those seeking a blend of urban convenience and suburban tranquility.

Haberfield infrastructure, key developments and investment opportunities

Haberfield remains strongly influenced by its heritage conservation status, with strict planning controls preserving Federation-era streetscapes and limiting high-density redevelopment, which tends to support house values through constrained supply.[4] Nearby upgrades to the WestConnex motorway and associated tunnelling and surface road changes around Parramatta Road have improved regional connectivity while also reshaping traffic patterns, which may enhance access for commuters but concentrate noise and congestion along main corridors.[4]

The suburb benefits from proximity to employment centres in the inner city and strong bus links along Parramatta Road, making it attractive to professionals seeking character homes with reasonable access to the CBD.[4][5] Access to waterfront open space around Iron Cove and nearby parklands supports family appeal and lifestyle-focused demand, while Inner West Council’s ongoing focus on heritage, tree canopy and walkability points to incremental, rather than large-scale, change in the built environment, with no major new infrastructure projects in Haberfield itself currently flagged as market-shifting.[4]

Haberfield rental market trends

The rental market in Haberfield has remained stable over the past year, with house rents holding steady at $1,100 per week and unit rents unchanged at $650 per week. This stability reflects a balanced market, providing consistent opportunities for both investors and tenants in this sought-after suburban enclave known for its heritage charm.

Suburbs near Haberfield

Some popular suburbs near Haberfield include:

How does Haberfield compare to nearby suburbs?

  • Median house prices: Haberfield’s median house price is 35.7% higher than Five Dock’s.
  • House price growth: Over the past 12 months, house prices in Haberfield have grown 12.7% higher than in Rodd Point.
  • Selling speed for houses: Properties in nearby Five Dock are selling 20.4% faster than in Haberfield.
  • Investment considerations: In Haberfield, the rental yield for house is 21.8% higher than the Sydney average, while the rental yield for units is 15.5% lower.
  • House price growth: Over the past 12 months, house prices in Haberfield have grown 68.7% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Haberfield have grown 32.9% higher than the average rate of growth for units across Sydney.

Common questions about Haberfield

  • Is Haberfield a nice place to live?

    Haberfield is a delightful suburb that offers a unique blend of historical charm and modern living, making it a wonderful place to call home. Known for its peaceful, tree-lined streets and a strong sense of community, this suburb is perfect for families seeking a nurturing environment. The vibrant local culture, deeply rooted in its Italian heritage, is reflected in the suburb's dining scene, which features a variety of authentic eateries and specialty shops. The abundance of parks and green spaces provides ample opportunities for relaxation and recreation, contributing to the suburb's serene and family-friendly vibe.

    Living in Haberfield comes with the advantage of being close to the city while enjoying a tranquil residential atmosphere. The suburb's proximity to the CBD and strong public transport links make it an attractive option for professionals who appreciate character homes and easy access to urban amenities. However, the trade-off includes potential noise and congestion along main corridors due to nearby motorway upgrades. Despite this, the suburb's commitment to preserving its heritage and maintaining a stable housing market ensures a high quality of life for its residents.

    For families, Haberfield offers a stable and nurturing environment with excellent local amenities, including schools and parks. The suburb's strong community spirit and focus on heritage conservation create a sense of continuity and belonging among its residents. While the lack of major new infrastructure projects means incremental changes in the built environment, this also ensures that Haberfield retains its unique charm and appeal. Overall, Haberfield is a fantastic place to live for those seeking a blend of suburban tranquility and urban convenience.

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  • Is it expensive to live in Haberfield?

    Living in Haberfield, a charming suburb in Sydney's inner-west, comes with a hefty price tag. The current median house price is a staggering $3,375,000. Renting isn't much cheaper, with the average rent for houses over the last year at $1,100 per week. Units are not a common option here, reflected by the absence of a median unit price, but renting a unit averages around $650 per week.

    When comparing these housing costs to the average income in Sydney, which is about $100,000 annually, it's clear that living in Haberfield requires a significant financial commitment. The median total household income in Haberfield is $2,761 per week, which is relatively higher than the Sydney average, but the high property prices and rents still mean a substantial portion of income would go towards housing.

    While Haberfield offers a unique blend of heritage charm and a convenient location close to the city, the cost of living is undeniably high. If you are thinking of living in Haberfield, it's essential to consider whether your finances can comfortably support the expenses associated with this desirable suburb.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Haberfield a good place to invest?

    Haberfield is an intriguing suburb for potential investors, particularly those interested in the housing market. Over the past year, the median house value in Haberfield has seen a significant increase of 20.1%, indicating strong demand and a robust market. This surge in house prices suggests that the suburb is highly sought after, likely due to its charming character homes and proximity to the city, making it an attractive option for families and professionals alike.

    However, the unit market in Haberfield has remained stable, with no change in median values or rental prices over the last 12 months. This stability might appeal to investors looking for a less volatile market segment, though it also suggests that units are not experiencing the same level of demand as houses. The rental market for both houses and units has also remained unchanged, which could indicate a balanced supply and demand situation, providing a steady environment for rental income.

    Overall, Haberfield presents a compelling opportunity for investors, especially in the housing sector. The significant growth in house values highlights the suburb's potential for capital appreciation. While the unit market is more stable, it offers a reliable option for those seeking consistent rental returns. With its appealing lifestyle and strong market performance, Haberfield stands out as a promising investment choice.

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Choose the right real estate agents in Haberfield

There are 34 real estate agents in Haberfield, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 58.0% of all sales in the past year.

Commission rates in Haberfield typically range from 1.66% to 2.15%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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