As house prices continue to boom across Sydney, there’s been another record sale for a suburb in the 2770 postcode.
Last week a two-storey, six-bedroom home on Woodstock Avenue, Whalan was sold for a whopping $818,000.
Adam Hughes from Harcourts Your Place Real Estate in St Marys grew up a stone’s throw from the house in Whalan.
He told the Star a sale like this one showed that buyers were dismissing the “struggle street stereotype” attached to the area.
“We’ve had heaps of high sales lately, but nothing like that,” he said. “Years ago you’d struggle to sell these places.”
Mr Hughes said homes in Whalan typically went for between $450,000 and $500,000.
In November, a house on Kavieng Avenue was sold for $790,000.
“About 20 years ago this place was rough, I know because I grew up here,” he said. “But these prices reflect that’s not the case anymore.
“The crime rate has fallen and there’s been such a big improvement in terms of access to infrastructure and better schools.”
Mr Hughes admitted that unprecedented prices in Sydney were pushing some buyers further west, but said he had noted a “changing perception” of the area.
“This sale is proof of that,” he said. “It’s about time 2770 got its reputation back.
“We’re going through a great time and building up a good image of the area.”