Middle Income Areas in Sydney, Australia
Australia is one of the richest countries in the world. Sydney is one of the most expensive cities in Australia. A majority of billionaires and millionaires live in Sydney. As such, if you are a middle income earner, then you need to consider living in middle income areas in Sydney. But then, what are these middle income areas in Sydney, Australia? Let’s jump into it right away.
What is Middle Income in Australia?
People earning between $120,000 and $160,000 a year in Australia are considered middle income earners. Low and middle income earners qualify for low income tax offset in Australia. They can get a $1,500 tax offset for an individual or $3,000 for a couple.
Best Middle Income Areas in Sydney
If you are a middle income earner planning to move to Sydney, consider the following middle income suburbs.
Denistone is one of the best middle income areas in Sydney. The average house price is $1,990,000 while the average household weekly income is $2,300.
It is located 16 km north west of the Sydney business district. You can use the main northern railway line to travel to Sydney and there is a railway station in Denistone. There are parks like the Darvall Park with different kinds of trees. It is located near the railway line.
Ashbury is also a good place for middle income earners in Sydney to reside. The average house price is $1,780,000 while the average household weekly income is $2,100.
It is located 10 km in the inner west of Sydney. It does not have a railway station and as such, you will need to use a bus to commute. There are many schools like Ashbury public school. Most of the houses in Ashbury are bungalows.
Warriewood is also a middle income suburb in Australia. The average house price is $2,120,000 while the average household weekly income is $2,160.
It is located in the northern parts of Sydney and 26 km North of Sydney's central district. Some of the amenities you are likely to find in Warriewood include a cinema complex, industrial area, golf driving range, and mini putt golf.
Monterey is also a good place to reside in Sydney, Australia if you are a middle income earner. The average house price is $1,868,000 while the average household income is $1,498.
It is located 13 km south of Sydney Central business district. It is a residential suburb with a small group of shops. The cheapest way to travel to Monterey from Sydney and vice versa is by train.
5. Croydon Park
Croydon Park is another place for middle income earners to live in Australia. The average house prices are $1,756,000 while the average household income is $1,597.
It is located 13 km in the Inner west of Sydney business district. The suburb is largely residential but it is also a commercial shopping strip. There is no railway and the easy way to travel is by bus. There are schools like the Croydon Park public school and St Francis Xavier’s Catholic School. There are several parks like Flockhart Park, Rosedale Reserve, and Croydon Park.
Also read: Cheapest places to live in Australia.
Summary of Middle Income Areas in Sydney
The above are some of the middle income suburbs you can consider residing in Sydney Australia. The cost of living in these areas is relatively lower compared to other suburbs in Sydney. Besides, even the price of houses is somehow affordable compared to other places.