Postcode 2259 encompassing Wyong and surrounding suburbs has made the list of top 10 performing postcodes for all of NSW from April to June.
Property tech firm InfoTrack has released its latest data showing the postcodes with the greatest volume of property sales last quarter.
Postcode 2259 joined only two other regional areas on the list – Jervis Bay (making its debut) and North Wagga Wagga.
Liverpool has retained its crown as the most popular location for first homebuyers for the fourth consecutive quarter.
InfoTrack’s Head of Property Australia Lee Bailie said the postcode of 2170 (Liverpool) maintained its position in number one spot last quarter, cementing its dominance for an entire year in the first homebuyer market.
“Postcode 2170 encompasses over a dozen suburbs, including Liverpool, Moorebank, and Prestons,” Bailie said.
“It forms part of a key growth corridor in Sydney’s southwest, driven by major infrastructure projects, such as those linked to the Western Sydney Airport, and strong employment prospects.”
The postcode of 2112, covering Ryde, Putney and Denistone East, made its first appearance on the top 10 list for first homebuyers last quarter, coming in in 10th position.
Sales data across all buying cohorts showed that while Greater Western Sydney dominated the list, the idyllic Jervis Bay made its debut on the list, in ninth position.
“The postcode of 2540, which primarily covers areas in and around Jervis Bay, is a coastal location which has long been popular as a holiday destination,” Bailie said.
“That single postcode encompasses 70 suburbs, including the well-known locations of Hyams Beach, Callala Bay, and Huskisson.
“This regional location appeals to those seeking natural beauty and outdoor recreational opportunities, whilst still maintaining a close community connection.
“Buyers are looking to those areas outside of the major cities where they can get higher value for their dollar, be it more bedrooms or added land.
Interestingly, the data revealed a shift in preference for property types, with vacant land proving a popular choice last quarter.
“Vacant land was the only property type to record an increase, rising to 9.45% last quarter compared to 8.33% at the start of the year,” he said.
