AusFinance Gazette

Sydney’s top 5 most underrated suburbs

Did you hear that Time Out named Marrickville the tenth coolest suburb in the world last year? Or that Point Piper was home to the most expensive property sold in 2020 for a cool $51 million?

Of course you did—because everyone loves to talk about the sought-after suburbs of Sydney, especially if they live in one. But you know what people love more than an almond milk piccolo latte or a sweeping harbour view? An underdog. Here are five of Sydney’s most underrated suburbs that deserve just as much recognition as their highly touted neighbours.

Campsie

One of the last affordable suburbs in the increasingly popular inner west, Campsie is a multi-cultural hub with so much to offer. Dotted along the main strip of town—the bustling Beamish Street—you’ll find character-filled architecture dating back to the early 1900s, as well as some of the best Asian restaurants this side of…well, Asia. Same goes for the neighbouring suburb of Ashfield, AKA ‘Little Shanghai’. An eclectic suburb with a growing young demographic, Campsie is about a 25-minute train ride from central, and less than a ten minute drive to Burwood. Right now, you can find a 2 bedder for the median price of $770K, but interest suggests it won’t stay that way for long.

Bundeena

Considered the Shire’s best kept secret, the beachside suburb of Bundeena is easily one of Sydney’s most underrated—and under priced! Surrounded by national park and sweeping ocean views, family homes are still going under the hammer for less than a million here while neighbouring Cronulla offers a similar lifestyle at three times the price. Accessible by road or ferry, Bundeena feels a million miles away despite its relative proximity to the rest of the Sutherland Shire.

Heathcote

Further south, the family friendly suburb of Heathcote offers a similar refuge from the hustle and bustle of the city without a gruelling commute. Surrounded by bushland, this shire suburb feels quintessentially Australian—think classic suburbia with a clothesline out the back and a verandah out the front. City dwellers will be totally in awe of the space here—and don’t even get me started on the parking. But the best part about this secret little southern suburb is its proximity to Garie Beach, only a twenty-minute drive through the scenic national park.

Kingsford

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It’s incredible the difference just a few kilometres can make. Though less than two km separates the eastern Sydney suburbs of Kingsford and Kensington, there’s a $700,000 difference between them when it comes to the median price of a three-bedroom home. Catering to both students and families, Kingsford kind of feels like the neglected younger sibling (can relate). Boasting a close proximity to top universities, Centennial Park, and Coogee and Clovelly beach both within a ten-minute drive, its convenient location is hard to beat. So too is its impressive culinary culture, from cheap and cheerful dumplings (Chinese Dumpling and Noodle Restaurant) to authentic Indonesian (Ayam Goreng 99).

Meadowbank

For the ultimate example of old-meets-new, head to the most affordable suburb in Sydney’s north west. Set alongside the Parramatta River, Meadowbank is a mix of ultra-modern apartment blocks and older family homes. But what truly makes it so underrated is the idyllic lifestyle it offers outdoor enthusiasts, with its bounty of walking and cycling tracks around Bicentennial Park and the afore mentioned Parramatta River. This leafy riverside enclave has been flying under the radar for years, while nearby suburbs like Ryde and Rhodes take all the glory. No more!

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