The Sydney Morning Herald reported on May 14 that Sydney's happiest urban areas have access to nature and are close to the city centre, but the cost of relocating there is much higher than the median single-family home.
𐖑ᨩ𑁁ᬱ𑀼 ᨣ𑁁ʹᬹ ᨣ ᬱʹ ᬱ ᬱʹʹ More than 1000,000 people have been taken to the using the name. In the 1970s, the 1970s, the 100,000,000 people who were born in the U.S. were born in the 1970s. It's a ring-ringed hornsbye atLane Cove.
The report assesses each region based on indicators such as economy, income and wealth, employment, knowledge and skills, housing, health, equality, community and work-life balance, and the environment.
The report doesn't take into account whether housing prices are affordable – housing indicators look at an area's affordability, homelessness and overcrowding. The Income & Wealth Indicator uses house prices as a proxy for household wealth, because the higher the wealth, the greater the sense of happiness.
Domain's independent data shows that Lane Cove has the highest median single-family home price of $3.35 million in the highest-scoring local government jurisdiction, followed by Ku-ring-gai ($3.2 million), North Sydney ($2.78 million), Northern Beaches ($2.6 million) and Hornsby ($1.8975 million). The median price of a single house in Sydney as a whole is close to $1.63 million.
House prices in Sydney's happiest suburbs (Image: Sydney Morning Herald)
Michelle Tjondro, senior associate at Economics & Planning at SGS, said the happiness index focuses on objective factors, such as access to health care, jobs and education, rather than measuring livability, which includes subjective factors such as how many people in your circle of friends live nearby.
Although many people's wealth is stored in housing, Tjondro stressed that the report does not conclude that housing prices are higher than happiness.
"It's certainly not a good thing for a lot of people to get into the real estate market," she said. We want to avoid conveying the message that living in a high-happiness area costs more money. Instead, the report proposes a way forward to make high-happiness areas more affordable, for example by improving housing supply, transport links and infrastructure investment.
Conversely, how to improve well-being in more affordable areas, for example through policies that encourage more equal gender participation to close the gender pay gap, or to reduce barriers to labor force participation in large immigrant communities.
(Image source: The Sydney Morning Herald)
Northern Beach residents Jenny Connah (57) and Dave Connah (58), who have lived there for decades, have no intention of moving away because the area offers the perfect mix of amenities for the couple, their families and grandchildren.
Jenny, who works for her father, said, "I've spent most of my life here. It's got it all here. You are surrounded by national parks and the beach on your doorstep. It's where the best of both worlds come in. There are great services like hospitals. ”
The couple admit that house prices are high in this corner of Sydney, which have skyrocketed since they bought their home in the late '80s.
"We bought the house 30 years ago and it cost $365,000 and it could be worth $3.5 million now," Dave said. This gives an idea of the extent of the surge in house prices. The price here is commensurate with everything it has to offer, as everyone wants to live here. The property prices here are definitely higher than in Parramatta because you are staying by the sea. ”
John Cunningham, a veteran real estate agent at Northern Beaches, said the area has 13 beaches with harbours at both ends, but it's not far from the CBD.
"It's a place where people aspire to live, and they feel it's the perfect place to raise their children and retire. There are more people who want to live here than who want to leave. ”
(Image source: The Sydney Morning Herald)
He said about 30 to 40 percent of homebuyers are from out of town, usually from the Lower North Shore, Inner West Side, Upper North Shore, East End or Hills District. He hopes that the state government's promotion of medium-density housing construction will achieve good results, increase the number of terraced houses, and provide more options for buyers.
He noted that in terms of price, buying a one-bedroom apartment in Manly could start at $1 million, but aspiring buyers can expect to spend $4 million or more, and up to more than $20 million.
In lower-priced locations such as Newport, Bilgola Plateau or Avalon, a three- to four-bedroom house can cost just over $2 million, although it usually costs $2.5 million in Avalon.
He said first-time buyers could find $700,000 in one-bedroom apartments at Dee Why.
在下北岸，Belle Property Lane Cove公司的负责人James Bennett表示，Lane Cove拥有餐厅、购物场所和公园，环境优美。
Direct access to the city and an option of primary schools also attract home buyers. He said 40 to 50 percent of homebuyers are from the Lower North Shore, with many coming from the Inner West or further north. Many of them are young families buying a second home.
He said homes demolished and rebuilt at Lane Cove could cost $2.6 million and above, entry-level liveable detached homes could cost between $3 million and $3.3 million, and high-quality family homes could range from more than $3 million to $6 million.