Likeminded young families from Sydney's inner west are looking to relocate to St George for a lifestyle change - and value for money.
There was great interest from such families for properties being sold by McGrath Brighton-Le-Sands on the weekend, and two selling agents said interest from the inner west was growing.
Though a young construction worker from Connells Point ended up making the winning bid to purchase for $1,835,000 a renovated Federation house at 102 Ramsgate Road, agent Michael Flevaris said of the 75 buyers that had inspected the home, the majority were young couples and families from the inner western area.
"Ramsgate has always been popular," Mr Flevaris said. "It's close to the beaches, the hospital, good schools and transport links to the city."
The property's level, north-facing backyard with outdoor fireplace were selling points, making it a "really nice family home."
Bids for the three-bedroom property opened at $1.4 million.
Mr Flevaris said Banksia, Rockdale and Arncliffe were also popular with such buyers because of the excellent value, proximity to train stations and shops, and easy access to the airport.
In Arncliffe, a young inner west family competed against five other buyers in an online auction for 8 Duncan Street. Among 10 parties who registered their interest, most hailed from the inner west area.
The couple, upsizing from a unit paid, $1.67 million for the three-bedroom house.
Agent David Travers had issued 25 contracts on the property and taken 64 buyers through on private inspections. He said all the underbidders were young families.
"Arncliffe is close to the CBD, has easy access to two train stations - Arncliffe and Wolli Creek - and is close to the M5 motorway," said Mr Travers.
"We're seeing an increase of buyers from the inner west, particularly for Arncliffe which has easy access to the CBD."
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