Sunday 15 November, Money & Work

Story one of ten today, about seven minutes for the lot

Barber cuts customer's hair in brick-walled shop, both smiling at camera
✓ Illawarra MercuryMoney & Work1 min read

Young Sydney families move to Albion Park as median prices hit $1 million

Young Sydney families are moving to Albion Park for better value and schools.

Young families are moving to Albion Park from Sydney to find better value and good schools. The median house value is now $1.029 million, up from less than $400,000 two decades ago.

Prices are high by historical standards. But real estate agents say Albion Park still offers better value than inner Sydney and northern suburbs.

The suburb has one of NSW's highest birth rates: 184 babies were born there in 2023. New estates like Calderwood and Tullimbar attract families.

So does being near the freeway, train station, and second shopping centre. Real estate agents report strong demand from first-home buyers and people upsizing.

Albion Park keeps selling well, month after month.

$1.029 million
Current median price
Less than $400,000
Price two decades ago
28 years
Anthony's tenure
25 years
Chad's tenure

Why it mattersMiddle-income Australian families are moving inland from expensive coastal cities. They are reshaping regional property markets.

AustraliaGrowing demand in Albion Park is lifting prices while still offering cheaper access than Sydney, reshaping where young Australian families can afford to buy homes.

✓ Claims checked against the source. checked 2 d ago

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