My Housing Market chief economist, Dr Andrew Wilson, describes Pagewood as a ‘postage stamp suburb’ set for a resurgence of buyers thanks to its low density and opportunity to grow similarly to surrounding suburbs such as Botany and Mascot.
Dr Wilson’s research found Pagewood has the lowest residential density profile of Sydney’s inner south region with just 1,087 persons per square kilometre and with units comprising just 14.2 percent of all housing – well below that of neighbouring higher-density suburbs.
“Pagewood is accordingly set to emerge with a distinct and unique neighbourhood flavour that will enhance its already clear sense of a settled, primarily residential location and provide an affordable option to established, high-priced nearby suburbs such as Surry Hills, Redfern and Randwick.” Said Dr. Wilson
As one of Australia’s leading independent property economist, Dr Wilson provides a succinct overview of apartment demand in Sydney, key statistics concerning inner-city southern suburbs undergoing regeneration, and unveils metrics that unearth Pagewood as an affordable neighbourhood offering value and opportunity.
Enjoy the Pagewood Housing Report via the link below.