Lilyfield Precinct, Inner western suburbs, Sydney
The suburb of Lilyfield, just a few kilometres west of the Sydney CBD, has produced strong results in both its house and unit prices over the last 12 months.
While most areas of Sydney have recorded a decline in price levels, Lilyfield has demonstrated strong price growth.
The suburb is well located, conveniently placed to benefit from the massive transport projects of WestConnex and Sydney Metro West. The Royal Albert Hospital, a major teaching hospital and medical precinct, is nearby.
The State Government has further plans to transform the area around Lilyfield and Rozelle into an innovation hub to be known as Bays West. This area will be serviced by a new train station as part of the Sydney Metro West project.
With easy access to jobs, rising property prices and a lovely harbourside appeal mixed with plenty of green space, Lilyfield makes an attractive choice for home-buyers.
This report includes the suburbs in and around the Lilyfield Precinct: Annandale, Balmain, Haberfield, Leichhardt, Lilyfield and Rozelle.