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NEXT TOP SUBURB – WE’VE GOT THE BEST TIPS!

NOT even loud swearing yobs or dumped curbside furniture can hold back Sydney’s skyrocketing property prices. Walk this way groovers & spot the next star ‘burb 1. Skinny jean search – follow the cool people. The first sign a suburb is heating up begins with fashion. But it’s not about stylish boutiques or even Devil Wears Prada princesses parading down the main street (they are the late comers to ‘it’ suburbs). No, it all begins with the Yipster.
Part Yuppie, part Hipster, these urban dwellers are real estate truffle pigs. Somehow they can sniff out where the next cool neighbourhood is forming and start to plant their seed.
If, when driving around Sydney on a Saturday morning, you can see a crowd of Yipsters (collective noun: an iPod) milling around buying coffee with a satchel in one hand and a French bulldog in the other then you know the area is gaining property price momentum.
For the uninitiated, you can spot the Yipster men by their bushy beards, checked shirts and skinny jeans or the ladies by their 1950s headwear and 1880s boots.
2. ‘Burbs where old pubs become wine bars, you know you’ve struck gold! Once upon a time, even pubs in the now pricey suburbs of Paddington and Surry Hills had toothless patrons, smelly beer-drenched carpet and bowls of day-old peanuts on the bar. As real estate legend has it, when an old boozer changes the peanuts for olives, gets a wine list and puts pear cider on tap it’s only a matter of time until property prices start to climb. It is also important to not to forgot the interiors. Cigarette-stained walls will be replaced with Florence Broadhurst wallpaper and the toilets will become unisex. Even in suburbia local pubs can be brought into the equation. When the mega club down the road replaces the resident Bon Jovi cover band with a You Am I tribute act, or even original music, then there is a whiff of gentrification in the air.
3. The Mexican – if the suburb you’re spying on has a tapas menu or even a taco, buy up!
There must be an as yet unpublished mathematical equation that would explain just how many Mexican restaurants it takes to build a cool neighbourhood. It seems that cashed up inner city urbanites will not drop decent amounts of cash for an “over-sized” studio apartment with no parking, unless it is within spitting distance of a good taco.
Take a look at some of Sydney’s booming real estate prices, walk 10 paces and there will be a Mexican restaurant to sit in at sunset with a $40 bottle of sangria.
If a Mexican restaurant can’t be found in your local neighbourhood, then it could easily be substituted with a tapas bar, or even a burrito joint in the local mall – it all starts somewhere.
4. The inconvenience store – Traditionally, a sought-after neighbourhood had a corner store where locals could buy a loaf of bread (with gluten) or a carton of milk (full cream). But the emerging chic neighbourhood can be identified by the sudden appearance of “inconvenience stores”. These shops are the random specialist shop for 1950s telephones, or the boutique dedicated to imported scented candles. Surely if the shop owners have done their homework and decided that outdated household appliances or unnecessary domestic accessories will boom in the suburb, then you too should have faith that real estate prices might behave handsomely also.
5. Village people
And finally, when all other boxes have been ticked, you have yourself a desirable neighbourhood where yuppies, hipsters, yipsters or DINKS will pay top dollar. But the final clue that a suburb will be coveted by cashed up buyers is the ad. Sure, a house might be described as being “just minutes to the CBD”, deafeningly “close to trains” or even in a far-flung land release with the words “ponds” “waters” or “lakes” in the title, but most significantly the real estate ad will declare the property as being “in the heart of the village”.
Get shopping darlings!!!

The Goss!
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NEXT TOP SUBURB – WE’VE GOT THE BEST TIPS!