jimm7
Reviews
"Too many reasons not to live here"
With the moving of a flight part over earlwood (light planes) earlwood is fastly becoming run down and crowded.
This area is generally a low income area with loads of blue collar workers. It has not changed in the last 40 years or so even with the million dollar house prices, it's still the same.
Typically renters live here because of the low rental prices and move out after the lease is finished because the suburb lacks amenities like a proper shopping precinct.
There are big parks and water ways (cooks river) which are actually swamps in parts.
As an investor I was disappointed of the low renter yields because the suburb can only afford a certain rental price.
Great for
- Big houses on big blocks
- Clean
Not great for
- Noisy Cars
Who lives here?
- Singles
- Families with kids
Low rental yields with houses are happening all across Sydney at the moment, unless you are lucky enough to snap up a real bargain.
obviously the rental return reflects the type of property and the proximity to the city..its obvious a marrickville or newtown shoebox will rent more than a earlwood average home... demographics are different most closer to the city suburbs homes are mainly shared homes and a hop skip and a jump to the city and therefore attract higher rents ..
The flight path does not go over Earlwood, if you look at government/Kingsford Smith Airport maps, the flight path mainly goes over Tempe, Sydenham, parts of North Eastern Marrickville, St Peters, Petersham/Stanmore and to a lesser extent, Leichhardt. Wolli Creek and Earlwood are not under the flight path and as a resident if there's aircraft noises then its barely noticeable and much quieter than the above suburbs.