By Aidan Devine | February 2, 2025
Prices for smaller Sydney homes have exploded over the past five years with more families uable to afford larger homes.
Families wanting more space are now upsizing to larger apartments in amenity rich areas, as opposed to looking for houses with more rooms.
The Agency’s Stephanie O’Sullivan, who is selling a unit at 18 Karrabee Avein in Huntleys Cove for the Moir family, said she’s observed a similar trend in that suburb, which offers cheaper units in an area dominated by multimillion dollar mansions.
"The units are hugely popular because most people have been priced out of the houses and the estates offer tennis courts, pools, gyms and lots of other things. But the units rarely come up for sale so there’s strong competition," Stephanie said.
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