Should you buy near the New Sydney Metro?
Why Sydney’s New North Shore Metro Line Could Be a Smart Move for Property Investors
Sydney’s North Shore is about to get a major upgrade. The new metro line connecting Chatswood, Crows Nest, and North Sydney directly to the CBD will make these areas even more convenient for residents and commuters alike. If you’re considering property investment, here’s why this new infrastructure could be a unique opportunity.
The Appeal of the New Metro Line
With the North Shore Metro soon to open, a trip from Crows Nest to the CBD (Martin Place) will take just seven minutes. For residents who’ve relied on buses or longer commutes, this is a huge improvement. This new line will make it incredibly easy to travel to the CBD and also key hubs like North Sydney, Chatswood, Macquarie Park, and North Ryde, making these areas even more attractive for both professionals and investors.
As the metro brings added convenience, expect to see more high-density, luxurious apartments popping up, along with expanded shopping, dining, and café options throughout St Leonards, Crows Nest, and North Sydney.
What This Means for Investors
For property investors, the North Shore’s new metro line opens up exciting possibilities. With rental vacancy rates hovering below 1%, demand is already high for well-located apartments. This new transport option makes low-maintenance, lock-up-and-leave apartments close to the metro a smart choice. These properties are perfect for professionals who want convenience and investors seeking strong rental yields.
While low-rise apartment blocks often have great capital growth potential due to their scarcity, proximity to new infrastructure like the metro brings its own value. A well-connected property is always in demand, making it a sound choice for long-term investment.
Sydney’s Growing Demand for Housing
Sydney is expecting a big wave of new residents—an estimated 700,000 migrants over the next two years. In response, the State government has set a goal of building 50,000 additional homes by 2025, with many planned near transport hubs or in mixed-use developments above shops and cafes. This ongoing growth means properties in well-connected areas will only become more desirable over time.
Is an Investment Near the Metro Right for You?
Investing in property near new infrastructure isn’t just about capital growth; it’s about tapping into a lifestyle trend toward convenience and connectivity. As more people seek the ease of quick commutes and access to great amenities, areas around the new North Shore Metro line are positioned to thrive.
If you’re thinking about investing and want some guidance on the best areas or property types, feel free to reach out. Our team has a solid understanding of Sydney’s market trends and can help you find the perfect fit for your investment goals.
