They’re Sydney’s most popular streets – the tree-lined avenues and waterfront roads where owning a home comes with the ultimate bragging rights – but you need deep pockets to buy there.
A review of real estate search activity revealed the Sydney streets where properties attract the most interest from home seekers are dominated by some of the country’s priciest homes.
They included small coastal streets in the city’s east along with long roads that meander through orchards and lush bushland dotted with mansions in Sydney’s semirural northwest.
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Other streets where the homes ranked among the most popular with home seekers were in private pockets of the northern beaches and north shore, according to the realestate.com.au research.
Outside the prestige market, Hills District suburbs Castle Hill and Baulkham Hills also had some of the most popular streets measured by online searches of property listings over the past three years.
But the street with the most popular houses was Tivoli Ave in Rose Bay, which nudged out Jane Place in Dural and Pacific St in Watsons Bay as the most coveted real estate address in NSW.
The Rose Bay street has the prestigious Kambala School on one wide while on the other are multimillion-dollar homes with direct water access.
Among the street’s most recent transactions was the sale of the Spanish Mission-style residence Villa Biscaya for close to $12.5m. Two other houses on the street sold last year for about $22m.
Other streets where listings attracted high buyer interest were Martin Rd in Centennial Park and Carrara Rd in Vaucluse.
The Carrara Rd homes have similar views to Tivoli St, while Martin Rd has historic upper market homes that look over the park.
Popular cul-de-sacs Pioneer Place in Castle Hill and Carmel Close and Caloola Place in Baulkham Hills featured mostly two-level houses that were larger than on surrounding streets.
Realestate.com.au chief economist Nerida Conisbee said Sydney’s most popular streets had homes that captured the imagination of buyers.
“(The streets) are particularly nice, even for those affluent areas,” she said.
“They might have a better view, nicer houses or something else desirable that leads to higher levels of interest.”
Ray White TRG founder Gavin Rubenstein said houses along Tivoli Ave got “unbelievable interest” whenever they were listed.
“The Harbour aspect is pretty spectacular,” he said. “It’s like a postcard.”
Dural residents Kate Lumby and Will Hampson have lived on a cul-de-sac off Carters Rd, one of the northwest’s most popular streets, for 20 years and said it offered a country lifestyle with city conveniences.
“It’s a lush street with a lot of market gardens, a bit of bush. The homes are spectacular,” Mr Hampson said.
The couple run the local real estate business Lumby Hampson and recently sold $30m worth of homes on the street and its surrounds.
“It’s getting very popular,” Mr Hampson said. “Many of residents are multi-generational families, they’ll often be two houses on one block.
“People like the space. You can get a pool, tennis court, stables and many have veggie gardens. Pretty much every house has a home cinema.”
Ms Conisbee said the most popular streets for renters were vastly different, with Waterloo’s South Dowling Rd the most popular, followed by Naulty Place in Zetland.
“Renters are not aspirational, they are more practical,” she said. “They might be (looking) in suburbs like Marrickville or Petersham that are fun to live in, super cheap or close to universities.”
The post Sydney real estate: the most popular streets for buyers and renters revealed appeared first on realestate.com.au.