Waterloo is an inner-city suburb of Sydney and is part of the local government area of the city of Sydney. Waterloo is an evolving industrial and residential area situated on the edge of expansive Moore Park. As one of the city’s fastest-growing suburbs, Waterloo is the ideal location to live. These are 7 reasons to help your consideration of why to live in Waterloo.

 

1. Close to city

7 Reasons Why You Live in Waterloo

One of the common considerations for buying a home is the ease of access to various places. For this reason, Waterloo is an excellent location to live-in. Waterloo is just 3 km south of the Sydney CBD. From Waterloo, you can also reach several suburbs easily as like Redfern that only takes 3 minutes by car, or Surry Hills by 13 minutes by train, 6 minutes by car to Alexandria, and approximately 30 minutes by train to Newtown or Glebe.

 

2. Excellent public transport

7 Reasons Why You Live in Waterloo

In Waterloo, you don’t have to worry about having hassle traveling because this suburban area has good public transportation facilities. Among them are buses, light rails, trains, and motorways. If you want to drive a public transport that is more private, you can also choose to use a taxi. Even though the traffic in Waterloo is quite busy, it will not be a big problem because the distance between public places is easy to access.

 

3. Great inner city

7 Reasons Why You Live in Waterloo

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Waterloo has transformed from an area known as an industrial area into a modern and trendy cultural culture area. Located in the city centre, Waterloo is surrounded by popular public places in Sydney, namely Moore Park, USYD, UNSW, and other suburbs such as Surry Hills, Redfern, and Newton. Waterloo also has independent galleries, many mouth-watering cafes or restaurants, and a charming weekly market.

 

4. Short drive or bus ride to beaches

7 Reasons Why You Live in Waterloo

Waterloo also has easy access and is close to many of Sydney’s famous beaches. To reach Coogee Beach, you only need to drive by car for 20 minutes. Meanwhile, to go to Bondi beach, you only need 25 minutes by car or 36 minutes by bicycle. Very close and easy to access, wasn’t it?

 

5. Close to top universities & schools

7 Reasons Why You Live in Waterloo

For students who are considering going to college, Waterloo can be a great place to stay. Waterloo is surrounded by some top world universities such as the University of Sydney (USYD) that located in Camperdown, the University of New South Wales (UNSW) that located in Sydney, and the University of Technology Sydney (UTS) that located in Ultimo. USYD and UNSW are ranked 40th and 44th as the world’s best universities, respectively, while UTS is ranked 133rd for the same title.

 

6. Safe and quite

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Safety can be a primary factor to consider before choosing a place to live. However, you do not need to be worried when you choose Waterloo as your new home. Even though it is a growth area with the diversity around, Waterloo is safe in general, and the vibe remains somewhat friendly. When it comes to noise, Waterloo is a bit quieter than other surrounding suburbs like Surry Hills.

 

7. Affordable areas to buy property

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If you are looking for property for investment, property in Waterloo can be your choice. It’s because buying or renting property prices are quite affordable compared to surrounding areas such as Redfern or Surry Hills, where apartment prices are 25% to 45% pricey with almost the same lifestyle. Until 2020, the price for buying a house in Waterloo was around $ 1,017,500. The rental price could reach a range of $ 650PW for 2 bedrooms and $ 750 PW for 3 bedrooms (source: realestate.com.au).

Meanwhile, buying a unit will be charged various amounts from $ 650,000 for 1 bedroom to $ 1,320,000 for 3 bedrooms. The rental price for a unit ranges from $ 500 PW (1 Bedroom) to $ 850 PW (3 Bedroom). These values ​​are likely to change rapidly given that Waterloo is one of the areas with a high growth rate.

According to the realestate.com.au site, the current capital growth rate in the area is 10.5 percent. With the various conveniences and beauty that you can feel in Waterloo, buying or renting a property in this area is such a promising investment. Get your ideals units in Waterloo only at Four Corners and Living Rooms. Contact us now!