Why you should have an investment property in Sydney in
2022
As the capital of New South Wales, Sydney is the oldest, largest and most populous city in Australia. The lively art and cultural landscape, amazing weather and world-famous landmarks such as the famous Sydney Opera House and Harbour Bridge can all be felt here.
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Quality Life
The beautiful harbour city was also declared the 5th Most Liveable City in the World according to The Economist Intelligence Unit’s Global Liveability Ranking for 2018 and ranked number 10 in Mercer’s Quality of Living 2018 ranking, ahead of any other Australian city.
Infrastructure
Built around the world’s largest natural harbour, Sydney offers three efficient modes of transport in, around, and out of the city: road, rail and ferry. Sydney Airport, the busiest in Australia, handles over 35 million passengers a year, is located only 8km from the city and connects directly to 100 destinations around the world.
Education
Among the 43 universities in Australia. There are six Sydney-based universities – two of which are members of the Group of Eight, a coalition of the eight world-leading, research-intensive Australian universities.
Cultural Diversity
Sydney is truly a global city, welcoming a broad range of ethnicities from all over the globe. Each year Sydney celebrates its famous multiculturalism with the month-long Living in Harmony festival, which brings its residents together to celebrate and promote cross-cultural understanding.
Good Economy And Business
Sydney is one of the top 10 economies in the Asia-Pacific region and among the world’s top 40. Sydney is Australia’s economic and financial centre and is the world’s leading financial services capital. More than 80% of overseas and Australian Banks is based in Sydney.
Environment
One of the largest cities in the world, the metropolitan area has about 650 suburbs that sprawl about 70 km to the west, 40 km to the north, and 60 to the south. Greater Sydney extends from the coast at the east back to the foothills of the Blue Mountains, with a relatively compact CBD located around Bondi beach Sydney’s famous harbour.
Good Climate
Sydney is one of the best places for living and enjoys a sunny, Mediterranean-style climate all year round with more than 340 sunny days per year. Summers are warm to hot and winters are mild, with rainfall spread fairly evenly throughout the year.
Population
Sydney has the largest population of any city within Australia at just over five million as of June 2017. Nearly a third of Australians and an excellent option for businesses seeking a large pool of talent and an open-minded and receptive consumer base.
Tourism
Sydney is well established as a global tourist destination and tourism is one of the state’s most important industries. Tourism attracted more than $40.5 billion in spending.