Tailor made for professionals working in bustling cities, apartment complexes present a flawless living solution that enables people to avoid distant commutes by living close to their workplace. With an ever-growing workforce and high real estate prices, apartment living in Sydney has soared in popularity. Here are some Sydney hotspots that are popular with working professionals.
Mosman
Mosman has a healthy mix of one-bedroom, two bedroom and three-bedroom apartments for professionals looking to live in close proximity to the CBD. Located 8 km away from the CBD in Sydney’s Lower North Shore, Mosman acts as a gateway between the business area and the beaches in the city. This residential suburb has an influx of modern apartment buildings with nearly 48% of the residences comprising of units, flats and apartments.
Bondi Junction
Located on the shoreline of the ever-popular Bondi Beach, Bondi Junction has soared in popularity as a residential haven for young professionals. Offering an eclectic mix of entertainment and business, Bondi Junction in Sydney’s East is widely regarded as the fifth business district, after the CBD, North Sydney, Chatswood and Parramatta. Just 6 km to the east of the CBD, Bondi Junction has a high percentage of residential high-rise buildings featuring studios, one-bedrooms and larger apartments to meet different budget expectations.
North Sydney
Located 3 km north of the CBD, North Sydney is just across the Sydney Harbour Bridge from the CBD and is one of the city’s larger business districts offering high-rise apartment buildings. In North Sydney, nearly 61 percent of the dwellings are in high-density apartment buildings. With a number of large technology and advertising offices located in North Sydney, this area is popular with young professionals looking to stay in accommodation close to their workplace. Several North Sydney apartments are available fully furnished for temporary workers that move from one place to another.
Waterloo
Waterloo is located in the inner city, just 4 km away from the CBD and is part of the City of Sydney council. With a distinct industrial past, the skyline of Waterloo has dramatically transformed with high-density apartment buildings dominating the area. Large buildings and residential demand have also drawn trendy retailers and entertainment options for residents of Waterloo, making this area a popular choice for several young professionals.
Lane Cove
Lane Cove is red hot when it comes to looking for upmarket apartments, offering a wide range of furnished and unfurnished properties for different budgets. This affluent middle-class suburb is 9 km North West of the CBD and is highly desirable for its wide range of shops, cafes, medical centres, recreational facilities, public transport and schools. Approximately 50 percent of the occupied dwellings are apartments, flats or units in Lane Cove.
Increasing demand for urban living has pushed up the need for building high-density apartment complexes in suburbs close to the business district. These Sydney hotspots continue to soar in popularity with young professionals who want to live close to their workplaces.