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Located 5km north-west of Sydney CBD, St Leonards on the lower North Shore is one of Sydney’s premium suburbs, with a population of around 4,500. Established in 1883, St Leonards today boasts one of the areas most vibrant city centres, with many global brands locating their offices in its business towers, no doubt thanks to its convenient CBD proximity.
St Leonards is populated by professionals who either work in the city centre or commute to Sydney CBD. In addition, many university and college students enjoy convenient access to local campuses. St Leonards is an ideal suburb for those taking a step up to a more premium apartment or an investment property to meet the needs of the many professionals who work in the city centre.
A city in itself, St Leonards offers an energy all of its own that is perfect for those who like the buzz of a thriving location combined with convenient transport options. Despite its growth in premium apartment developments there is a youthful vibe at play.
Shopping offers a mix of the boutique and the big brands, and whilst professional during work hours, St Leonards lets its hair down thanks to a crop of cool eateries, bars and coffee spots spreading out around St Leonards Station. With the influx of young professionals taking advantage of the location, the food, drink and entertainment options continue to grow.
With the increasing quality level of residential properties in the area and the convenient transport options to the CBD, St Leonards is proving to be popular with those looking for a vibrant lifestyle and an easy commute.
The average price for an apartment in St Leonards sits at around $915,000, with the weekly rental income at $610 p/w. This is higher than average for NSW in general, with an equally higher rental yield than the NSW average. Over 40% of those currently living in St Leonards are young professionals under 35.