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What is Sydney's favorite downtown area for buyers and tenants?

The city of Mosman, near CBD, is one of the most popular urban areas of Sydney, with a sleek collection of luxury houses, a beautiful harbour view and a beautiful view of the harbour.

According to Domain, Domain Group analyzed user activity in February this year and found that Mosman was the city where buyers were most searched, followed by Paddington and Randwick, in the East side and Balmain..

Of the 10 most searched cities, only two are on the north side of the bridge, including Mosman and Neutral Bay.

 

"in general, Mosman is the city with the most searches, because it's very large," said Belle Property Mosman's director, Fult (Tim Foote). "so it's not surprising. Unexpectedly, compared with the rest of Sydney, the liquidation rate here is not normal. "

Although the Mosman is large, the house is still sold at a stable rather than overheated price, he said.

Most of them are homeowners, he added, as investor activity cooled after the Australian prudential Authority tightened reception rules.

But in Sydney's most popular urban area, Mosman is not on the list.

Tenants are more interested in amenities and commuting than traditional suburban standards, such as large backyards, so the inner ring is more popular with tenants.

The tenant got the most search in Sydney, CBD, then Surry Hills,Paddington,Newtown and Darlinghurst..

Parramatta beat Bondi and Redfern. in the renter's favor.

Brody (Clay Brodie), a sales agent at Ray White Woollahra, said the proximity to the city made Paddington attractive, and there were a wide variety of houses to rent, from single apartments to family-friendly homes.

For Sydney buyers, demand for homes ranging from 1 million yuan to 2 million yuan is booming, he said.

"demand for homes with prices between 2 million yuan and 3 million yuan has fallen a bit, and demand for more than 3 million homes has increased," he said.

He also said that some sellers do not want to complete the entire auction process, want to quickly sell the house, so there are a number of over-the-counter trading opportunities.

There is a clear message about what tenants and buyers expect from their future homes, that is, some form of waterscape.

Whether it's buying or renting, the key words most commonly used by buyers and tenants when looking for a house are "swimming pools", followed by "waterfront" and "landscape", possibly waterscape.

Pet and pet-friendly are also priorities for Sydney tenants.

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