Pandaphi

This is a gorgeous street with some beautiful buildings. Unfortunately, this fact is not exactly a well-kept secret and so to live in Macleay Street you will pay a huge premium for the address alone. Do it, of course, if it makes you feel good to say you live there, but if you're even slightly imaginative and money-smart you can do a whole lot better by looking a few streets away for similarly Art Deco places that are bigger, sunnier, nicer ... And not price inflated. Why be a mug?

Such a pity - Orwell Street used to be so nice. Now it's overrun with cheap backpacker hostels all along it, and it suffers from all the noise, mess, rubbish, and late-night drunken lads (and lasses!) that this entails. Avoid, avoid, avoid.

This street used to have a bit of a dodgy reputation but is rapidly gentrifying. As a result, it's still affordable if you get in now. In it, and especially at the far end (away from Bayswater Rd) there are lovely Art Deco buildings, some lovely new bars and restaurants, and many bright sunny flats that are way more spacious and much nicer than you'd get for the same price on Macleay or Challis Streets. Here, you're easily within walking distance of everything - train is three mins away, Darlinghurst Medical centre (bulkbilled and open long hours including weekends) is a five min walk, and if its a nice day you can walk into the city (20-30 mins, with a detour through the Domain and/or Botanic Gardens!) There are tons of eating/drinking/playing options all around the area and you can walk down to the harbour. What's not to like?!

Sydney is iconic ... And Potts Point is an iconic part of that. It's walkable to the harbour, the city, and has easy, decent transport options from here - how about a day in Bondi? But why would you go anywhere else? Best eating, drinking, and going out are within walking distance - Darlinghurst Road, Surry Hills, East Sydney, and the 'little Manahttan' that is Potts Point itself. Great, innovative cafes and newish small bars that you need to be a local to stumble upon. And the architecture of the are is heritage - why live in a 1960s redbrick in the inner west or Randwick when, for a comparable price, you can live in a gorgeous 1920s Art Deco here?