Your house is a testament to your professionalism, ambition, and desire to improve your family’s economic perspectives. Moreover, it is also a safety net in case of unfavourable monetary situations or market disruptions outside your control. Like the vast majority of Australians, are you at a point in your life where you desire more stability and are keen on investing in the growing real estate market of NSW? If so, you should consider scouring your nearby area for a new property. However, there is a problem.

Sydney, at the moment, is going through a veritable housing crisis in which demand far outpaces supply. In consequence, at least in the central parts of the city, the median asking price for newly listed properties has reached record heights. Can you spend more than $1.5 mill dollars on a new dwelling? Maybe if you are already a homeowner, so you can leverage the real-estate growth of your existing property. But, if you were only a tenant so far, buying a new dwelling at this price point might be a challenge.

Do you want to spend less than one million, and are you ok with living outside Sydney’s central areas? In such a case, one option to consider should be to look at houses for sale in Ashcroft. Housing, in 2025, is a basic human need that’s crucial for our financial development. Has your family grown in recent years? Do you need more space for your daily activities, or do you want to settle down and let your children grow up in a stable environment characterised by fantastic amenities and a plethora of nearby activities? In such a case, looking at houses for sale in Sydney’s suburbs will be an excellent idea.

The Rising Need for Independence

For short-term accommodation purposes, renting is a viable option for the vast majority of Australians. Or at least it’s a decent compromise till we can gather the necessary capital to afford a long-term mortgage. But, the issue with renting long-term is that, basically, you will spend your hard-earned money on a property that’s not yours. In Sydney, the average weekly rent for a two-bedroom property revolves around $750, while at the same time, a mortgage for the same dwelling might require an investment of more than $1,000 per week. That’s a big difference, it’s true.

However, at the end of the loan tenure, the property will be yours, and if you decide to sell, considering the growing real-estate trends in our country, you will most definitely turn a profit. Is this guaranteed? Well, let’s just look at the numbers. The median asking price for properties listed in Ashcroft, as of January 2025, is $864,000, which is almost half the value encountered in the more central parts of the city.

For the sake of simplicity, let’s say you’ve found a house listed for $900,000, and so you applied for a mortgage that covers this amount. If your lender presents you with a mortgage proposal characterised by a loan repayment period of 25 years, with a 20% down payment and an interest rate of 6.55%, your profit, if you decide to sell in, let’s say, 10 years from now will be in the hundreds of thousands of dollars. How come? It’s all about the growing real-estate market of NSW.

A Matter of Real-Estate Development

As of 2025, for the neighbourhood you selected, the market is rising at a rate of 7.3% per year, while the current inflation in Australia revolves around 2.1%. When we factor in the deposit you’ll need to pay, the remaining principal of the mortgage will stand at $630k, on which you will have to add the existing payments made after 10 years. In total, your $900k mortgage will transform into an almost $1.4 million investment.

That said, your previously purchased house will probably have a market value of more than $1.8 million. When it’s all said and done, your profit will be more than $400k. That’s a lot of money and is the main reason why real estate can be such a lucrative investment. With that considered, your potential profits will be dependent on market fluctuations and the continuous growth of listed properties in your local area. For central Sydney, this might be a problem, as the median asking price for newly listed dwellings is already at a value unsustainable for the vast majority of Aussie families.

After all, there’s a reason why suburb prices are rising so sharply. Only four years ago, the average sales price for Ashcroft properties was around $621k. Now, that same dwelling will probably go for more than $860k. Yet, the market growth of newly-listed houses for sale in Ashcroft remains stable, and there are no reasons to believe this trend will not continue in the near future. For central Sydney, however, things are a bit more complicated. It’s clear that, at the moment, we are living in a housing bubble with perspectives to burst. However, when it does, the first dwellings affected will be the ones in the more central parts of the city that currently fetch a premium thanks to their location.

But Why Ashcroft, of All Places?

Why not? Perhaps it is not the most well-known of Sydney suburbs, but the houses for sale here are spacious, the area is close to some of the most beautiful natural landscapes west of Sydney, and the central parts of the city are just 30 minutes away by car. Are you a lover of pristine landscapes and hiking activities? If so, the Western Sydney Parklands will be just around the corner from your location.

Do you want to spend your free time in the company of your family, admiring the plethora of scenic picnic spots available in the Georges River National Park? If so, you will be just fifteen minutes away. Looking at houses for sale in Sydney’s suburbs is a fantastic choice if you want to settle down, admire the views, and raise your children in a safe environment away from the city’s temptations. Sure, the commute might be tricky, and you will not exactly be in the centre of the action anymore. But, in the long term, buying a house west of Sydney’s CBS might be one of your best ideas.

Publication: 30 January 9:19