sydney real estate - may02-technologies/data-analytics GitHub Wiki

Sydney is one of the most expensive cities in Australia for home buyers. When buying a property in Sydney, home buyers have lots of questions in their mind such as Is it a good time to buy a property in Sydney? What is the Average median house price in Sydney? Which are the best suburb to invest in Sydney? The below dashboard clearly explains most of home buyers questions.

The Australian bureau of statistics showing sydney house price gradually increasing from 2015 to 2020 and there is no significant impact of Coronavirus pandemic. The property price reached its maximum value in 2017 and from 2017 to 2018 sydney house price index has shown a negative trend. After that, median house price value started to increase gradually and rose 5.4% over the last twelve months. From the line chart we could also notice that the number of established house transfers are gradually decreasing. This may be due to the unavailability of established houses in CBD or the high prices in Sydney city.

It’s a challenge for homebuyers to find good suburb with reasonable price to invest in. The map shows around 30 suburbs with median house price values, weekly house rent data and unit price details. According to realestate.com report, North Epping, Bexley and North Avoca are top 3 suburb to invest in Sydney, based on the yearly median sale price and the average rental yield of properties in these suburbs. The bar chart shows top 10 suburb to invest. According to metropole.com report Darlingpoint is the most expensive place to buy a house in Sydney with a median sale price of $7.7 million with a rent coming in at $2200 weekly. The map also shows some of the cheapest suburbs to buy a house within 10 km of the sydney CBD.