The 2250 postcode has made it back onto a list of the top 10 selling locations for first home buyers in NSW.
New data from InfoTrack’s latest Property Market Update sees 2250 named as fifth in the list of 10 postcodes with the highest number of sales for first home buyers between October 1 and December 31, 2023.
InfoTrack’s Head of Property Australia Lee Bailie said it marked a return to the list for postcode 2250, which was the only location outside of Greater Western Sydney to make the top 10.
“There are 24 suburbs which made up the postcode 2250, which was also named at number five in Q1 of 2023 but fell from the list in Quarters 2 and 3,” he said.
“The beach lifestyle, greater property affordability and commutable distance to the Sydney CBD account for this surge in popularity for the postcode.”
The Property Market Update Q4 2024 report found a near even split between apartments and houses for first home buyers.