The state of the Australian property market broken down by city
The 25 best and worst performing areas in Australia over the past 20 years published by CoreLogic. It is clear that VIC and NSW have been stand-outs – which isn’t much of a surprise!
Where are the top neighbourhoods to live for someone on an average salary in London?
We delved into what the average salary is (£34,565) and the average % of salary that goes into rent (72%) – yes, it is that high (and ridiculous, if you ask us) !
We then took those numbers, plugged them into Liveable taking into account a couple of assumptions:
- Affordability is Very Important with a maximum rent of £500, looking at shared accommodation and 1 bedroom places.
- Commute is Very Important and we are commuting to Bank with a time no more than 30 mins.
- Going Out, Convenience and Safety are all Important to us.
The top 10 neighbourhoods were (with median 1 bedroom rent per week):
- St Dunstan’s (£190/wk)
- King’s Cross (£294/wk)
- Spitalfields & Banglatown (£325/wk)
- Bunhill (£515/wk)
- Haverstock (£180/wk)
- St Peter’s (£283/wk)
- Prince’s (£185/wk)
- Weavers (£340/wk)
- Holborn and Covent Garden (£505/wk)
- Barnsbury (£387/wk)
The good news is in the top 3 neighbourhoods, median weekly rents are well below 72% of the average salary earned in London, which means that they are still some “bargains” to be had.
The full results including property listings are available at http://bit.ly/2jmD8fi
Feel free to change the preferences accordingly to best fit your needs.
New to a city and not sure where to live? Where are the cafes, bars and what’s affordable? Or maybe you’ve lived in the same area your whole life and you’re now itching to explore other neighbourhoods in your city?
These are questions Liveable aims to answer. However, we understand that different people have different priorities when finding that gem of a neighbourhood, so we’re giving that power back to you – we want to give you the best tool to help you find your ideal neighbourhood.
Many thanks to our London testers for verifying the data!
Some real numbers on how Australian cities have changed to become more and more urban over the years.
The article takes Melbourne as an example but we are definitely seeing this trend across all Australian cities. It won’t be long before the “20-minute city” concept becomes reality. We just need infrastructure and development to keep up with the changes.
How safe is your suburb or a suburb you’re looking to move into?
Liveable now tracks Crime across Sydney which you can adjust as part of your preferences when picking a suburb. Check it out at liveable.co/sydney
We’ve also put together a list of the safest neighbourhoods in Sydney based on the data we’ve gathered from the NSW Bureau of Crime Statistics and Research.
1. North Wahroonga
2. North Epping
3. Russell Lea
4. East Killara
5. Duffys Forest
6. Willoughby East
7. Bonnet Bay
Where are the top suburbs in Brisbane for Affordability, Commute, Going Out and Convenience? We’ve put that together in a nifty little infographic.
See more and personalise based on your preferences @ liveable.co/brisbane
4. Logan Central
1. Spring Hill
2. Fortitude Valley
3. Kelvin Grove
3. Petrie Terrace
3. Bowen Hills
2. Fortitude Valley
3. Petrie Terrace
4. Spring Hill
5. Highgate Hill
1. Fortitude Valley
5. Albany Creek
We’re excited to announce that we’ve added a 3rd Australian city to Liveable.
We’re putting together and infographic on Brisbane so keep an eye out for it over the next day or so!
A number of people have forwarded and asked us what we thought about today’s article on the most liveable suburbs in Sydney published by Domain.
If you haven’t seen the list, it’s available at: http://www.domain.com.au/news/domain-liveable-sydney-citys-555-suburbs-ranked/
We’re not sure if they noticed but the top 10 list seems to be heavily skewed towards suburbs in the Lower North Shore, and there hasn’t been much visibility on how 8 suburbs made numbers 1-8 on the list, or what the calculation was behind that list.
One rather interesting / amusing opinion piece basically sums up what many people thought about the list: http://www.smh.com.au/comment/the-liveable-suburbs-with-no-sign-of-life-20160801-gqi3on.html
So, what do we think?
To us, suburb rankings don’t mean anything, unless it’s personalised since everyone’s preferences are different. You may want a nice leafy suburb that’s kid or pet-friendly but someone else might want to be close to universities or access to the nightlife Sydney has to offer (yes, we know, there are lock-out laws but let’s not get started on that).
Once the list of suburbs get personalised, there needs to be a clear, transparent scoring system that shows how each preference chosen makes up the final score for the suburb, which is what the data used in the article today seem to be lacking.
And this is where we feel we deliver value in. Since we launched in Sydney, our goal was to let people ask the questions and select what they deem important to them. From there, Liveable then perform the calculations on-the-fly giving the list of top suburbs based on what’s important for that specific person.
Try it out yourself and find out which suburbs rank best for you @ www.liveable.xyz/sydney