Kingsford In The Spotlight Kingsford is a suburb on the move. Find out why here

The South Eastern Light Rail Network, which will run from the CBD to Kingsford and Randwick, is well on its way. Construction has started and home sellers are beginning to feel the effects of this large project sweeping through the suburbs. A sophisticated urban network, which will carry people from Kingsford to Randwick into the CBD in less than 10 minutes, is bound to have an impact on property prices in the South Eastern region of Sydney. In tandem with that comes an increased change in zoning to R3 in the Kingsford area, which makes it increasingly attractive for developers looking for sites in and around the suburb.

At N G Farah Real Estate we are feeling these effects first hand. The demand for residential properties in Kingsford is at an all time high. Earlier this month, N G Farah was successful in selling two properties in Kingsford. One, at 6 Forsyth Street, was sold for $3,650,000, a price that was more than $1,000,000 over reserve. Just around the corner a townhouse, at 4/20 Middle Street, was sold for $1,290,000, $240,000 over reserve price. On both properties we recorded increased numbers at open homes, and on the day we had at least 35 registered parties bidding on both properties.

The big attraction for investors and home owners wanting to live in Kingsford is the wealth of heritage and history. That, and the fact that Kingsford houses the most popular university in Australia: UNSW. Together with NIDA, Prince of Wales Hospital, and a host of international restaurants along Anzac Parade, it is a massively convenient suburb for so many Sydney citizens. It’s an attractive place for families too, with easy access to the beaches and the airport. There are multitude different reasons that buyers are paying good money for homes and apartments in the area.

Anyone who is thinking of selling their property in the Kingsford area should contact N G Farah Kingsford, on 02 8344 0000, for an up to date appraisal for their home, as prices have increased already in 2016.