Covering the period from 1 January to 31 March 2025, the InfoTrack[i] report marks the third consecutive quarter that Liverpool has topped the list for sales volumes.
Raine & Horne Liverpool Director Vince Labbozzetta said demand is being fuelled by affordability and major infrastructure investments, including proximity to the upcoming Western Sydney International Airport.
“We’ve been flat out – especially with first-home buyers,” Mr Labbozzetta said.
“Liverpool still offers value. You can find older-style apartments for around $400,000, which is less than what it costs to build new ones.”
One example includes a two-bedroom unit at 4/3 Drummond Street, Warwick Farm, recently sold to a first-home buyer for $395,000.
Another at 4/85 Castlereagh Street, Liverpool, sold for $401,000 to a young buyer entering the market.
Mr Labbozzetta said that buyers are travelling from across Sydney to secure more affordable property.
“We’re seeing buyers from all over Sydney. While there are still plenty of local purchasers …. more and more out-of-area buyers are looking to get into the market here because where they’re renting is just too expensive.”
“They’re being priced out of their current suburbs, and Liverpool offers a more realistic entry point. That said, even rents are on the rise here too.”
Rentvestors Seeking Yields and Growth
Mr Labbozzetta said Liverpool is also attracting first-time investors, or “rentvestors,” chasing rental yields around 5% and long-term capital growth.
“A lot of these buyers are first-timers,” he said.
“Many still live closer to the city with their parents, but they’re buying in Liverpool as a more affordable way to enter the market.”
“Some plan to live in the property for the short term and then rent it out, while others are rentvestors from the start.”
According to demographic data from .id (informed decisions) [ii], Liverpool City Council is projected to grow by an average of 1,888 dwellings per year, reaching 125,035 dwellings by 2046.
Mr Labbozzetta pointed to several major projects that are positioning Liverpool for future growth.
“With the new airport on the horizon and planning underway on the FAST corridor linking the Liverpool CBD to Western Sydney International Airport, and the Westfield redevelopment, Liverpool’s future is looking strong,” he said.
He added that the area’s potential is further supported by access to key employment centres like Parramatta and Penrith, as well as its healthcare, education and transport infrastructure.
“Liverpool has the infrastructure, services, and momentum. If interest rates come down again on 20 May, this market will shift into another gear.”
Sources:
- InfoTrack Property Market Update (Q1 2025) – The ranking of Liverpool as NSW’s top suburb for first-home buyer activity is based on InfoTrack data covering sales from 1 January to 31 March 2025.
- .id (informed decisions) – Demographic forecasts estimate Liverpool’s dwellings will increase by 1,888 annually to 2046.
