Get a property report and suburb profile for any property in Hurlstone Park

Hurlstone Park is a delightful suburb that offers a peaceful and family-friendly environment, making it a wonderful place to live. Known for its leafy streets and heritage homes, the suburb exudes a charming and welcoming vibe that appeals to both families and professionals. The strong sense of community is palpable, with residents often engaging in local events and activities that foster a close-knit atmosphere. The suburb's proximity to the Sydney CBD, combined with excellent public transport options, ensures that residents enjoy the convenience of urban living while relishing the tranquility of suburban life.

Families will find Hurlstone Park particularly appealing due to its abundance of parks and green spaces, which provide ample opportunities for outdoor activities and relaxation. The suburb's local amenities, including cafes and shops, cater to everyday needs and contribute to a relaxed lifestyle. Safety is generally not a major concern, adding to the suburb's appeal for those with children. However, the ongoing developments in nearby areas may bring some changes, potentially increasing traffic and altering the local landscape. Despite this, the suburb's heritage charm and community spirit remain strong, making it a desirable location for those seeking a balanced lifestyle.

While Hurlstone Park offers a serene and connected living environment, potential residents should consider the trade-offs. The suburb's peaceful nature means it lacks the bustling nightlife and entertainment options found in more urban areas. Additionally, as developments continue, there may be an increase in property prices, which could impact affordability. Nonetheless, for those who value a harmonious blend of suburban peace and urban convenience, Hurlstone Park stands out as a fantastic place to call home.

Living in Hurlstone Park can be quite pricey, especially when you consider the current property market. The median house price is a hefty $2,327,500, which is significantly higher than many other suburbs in the area. If you're looking at units, the median price is more affordable at $740,000, but it's still a considerable investment. Renting isn't exactly cheap either, with houses averaging $900 per week and units at $650 per week.

When you compare these figures to the average wage in Hurlstone Park, which is around $92,000 per year, it becomes clear that a substantial portion of income would need to be allocated towards housing costs. This is higher than the average salary in Sydney, which is approximately $85,000 per year, indicating that while residents may earn more, they also face higher living expenses.

Overall, Hurlstone Park offers a charming lifestyle with its proximity to Sydney's amenities, but the cost of living, particularly in terms of housing, is on the higher side. If you're thinking of living in Hurlstone Park, it's important to carefully evaluate your financial situation to ensure it aligns with the expenses associated with this desirable suburb.

Hurlstone Park presents a unique investment opportunity with its steady property market and promising rental growth, particularly for units. Over the past year, the suburb has seen a modest increase in median house values by 2.2%, while unit values have remained stable. This stability can be appealing for investors seeking a less volatile market. The standout feature, however, is the significant 8.3% increase in rent for units, indicating a strong demand for rental properties in the area.

The suburb's appeal lies in its balance of affordability and proximity to Sydney's CBD, making it attractive to both renters and potential buyers. While house prices have seen only a slight increase, the consistent rental demand for units suggests a reliable income stream for investors. Hurlstone Park's charm, with its leafy streets and community feel, continues to draw in residents looking for a quieter lifestyle while still being close to the city.

Overall, Hurlstone Park offers a stable investment environment with the potential for rental income growth, especially in the unit market. Its combination of steady property values and increasing rental demand makes it a worthwhile consideration for investors looking for a balanced and dependable investment opportunity.