Best Suburbs to Invest in Sydney for 2022

November 5, 2021

australia nsw sydney suburb for property investments

Figuring out where to buy investment property in Sydney can be tricky. With so many incredible suburbs in the area, how do you know which areas will make for a successful investment?

The Hills Shire in Sydney’s northwest is popular among our experienced investors and buyer’s agents at Wealth 360°. So here, we’re exploring those suburbs within the Hills Shire Council area and why they may present lucrative opportunities for investment property in Sydney.

Top 5 Sydney Suburbs for Property Investments in 2022

The Hills Shire

Located northwest of the Sydney CBD, the Hills Shire is becoming more and more attractive for those who want to buy investment property in Sydney. 

Not only can you find affordable properties compared to the CBD, but you’re also likely to see decent rent prices for homes and apartments in the area. 

Plus, the Hills Shire Council is incredibly well-managed with an $85M surplus, operating debt-free since 2002. With zero backlogs in infrastructure projects, the Hills Shire Council is in excellent shape to maintain public facilities and provide an attractive lifestyle for current and future residents. 

rouse hill nsw sydney suburb for property investments


The completion of the new Metro Rail System into the Hills Corridor is another exciting development that conveniently connects these suburbs to the CBD, encouraging more renters to move northwest even if they work in the city. 

Plus, the influence of the Norwest Business District, which hosts the headquarters of large national brands such as Woolworths and Resmed, cannot be overstated as a positive influence on the Hills Shire, making it a promising area to invest. 

The best suburbs for an investment property in Sydney within the Hills Shire Council include:

  • Castle Hill
  • Rouse Hill
  • Box Hill
  • Kellyville

Now, let’s explore each area in a little more detail. 

Castle Hill

Castle Hill is in the southeastern Hills Shire Council area, spreading across 16.68 square kilometres. Castle Hill is mostly home to couples without children and small families living in standalone houses. 

However, Castle Hill also offers a fair amount of medium and high-density dwellings including properties like duplexes and apartment buildings which offer opportunities for investors as well. 

  • Population: 36,399
  • Population Density: 2,178 people per square km
  • Households of Couples with Children: 49.7%
  • Average Mortgage Payment: $2,600 per month
  • Average Rental Price: $550-649 per week
castle hill nsw sydney suburb for property investments


Forecasts estimate an increase in the number of Castle Hill dwellings to go from 2,653 in 2011 to 7,460 in 2036, meaning there is ample opportunity to find an investment property in Sydney’s Castle Hill. 

Plus, it’s expected that Castle Hill will have three times the amount of jobs in 2036 as there were in 2011. So, there’s a good chance that renters will be flocking to Castle Hill to live and work in the coming years. 

Rouse Hill

Rouse Hill is in the western Hills Shire Council area and it’s a small suburb that’s spread across only 6.41 square kilometres. Rouse Hill is mostly home to small families living in standalone houses. 

But, Rouse Hill also offers a fair amount of medium-density dwellings including duplexes and apartments making it a wonderful suburb to buy an investment property in Sydney. 

  • Population: 9,090
  • Population Density: 1,419 people per square km
  • Households of Couples with Children: 62.2%
  • Average Mortgage Payment: $2,600 per month
  • Average Rental Price: $550-649 per week
rouse hill suburb in Sydney NSW for property investments

Additionally, projections estimate that the number of dwellings in Rouse Hill is expected to grow from 698 in 2011 to 1,883 in 2036 with twice the amount of jobs coming to the area. Again, this is an exciting reason to invest in Rouse Hill. 

Box Hill

Box Hill is in the western part of the Hills Shire Council area, spreading across 14.97 square kilometres. This suburb is mostly home to small families and couples without children who live in standalone houses. 

In fact, Box Hill currently has only standalone houses and no medium or high-density dwellings, meaning you won’t find tall apartment buildings in the area. 

  • Population: 4,687
  • Population Density: 313.2 people per square km
  • Households of Couples with Children: 43%
  • Average Mortgage Payment: $2,600 per month
  • Average Rental Price: $450-549 per week
box hill nsw sydney suburb for property investments

With the lowest population density of the suburbs we’re exploring here, Box Hill is still quite underdeveloped which offers an amazing opportunity for investors. 

As city dwellers move away from the CBD and into the suburbs looking for a slower-paced lifestyle, buying an investment property in Sydney’s Box Hill can offer renters more land and cheaper rent.

Still, as it falls under the Hills Shire Council, it’s expected for the area to grow a fair share while maintaining more of its quiet, family-friendly charm. 

Kellyville

Kellyville is in the southeastern part of the Hills Shire Council area, spreading across 9.38 square kilometres. This suburb is mostly home to small families living in standalone houses, although there are a few medium and high-density housing like apartments in the area as well.

  • Population: 26,719
  • Population Density: 2,848 people per square km
  • Households of Couples with Children: 61.9%
  • Average Mortgage Payment: $2,600 per month
  • Average Rental Price: $550-649 per week
kellyville nsw sydney suburb for property investments

In terms of infrastructure development, Kellyville is expected to see the number of dwellings grow from 1,402 in 2011 to 5,875 in 2036 with the creation of over 2,000 new jobs in the next 20 years. 

Again, these forecasts are just another reason why many investors are flocking to buy in Kellyville.

(RELATED: Average Buyer's Agent Fee in Sydney)

Start Investing with Wealth 360° today and find an investment property in Sydney in one of these up and coming Hills Shire suburbs. 



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