10 Best North Sydney Suburbs for First Home Buyers in 2025

Looking to enter the property market in North Sydney? The region offers a mix of affordability, solid infrastructure, and lifestyle appeal, making it an ideal spot for first-time home buyers. 

From leafy streets to proximity to the CBD, North Sydney suburbs are attracting more Aussies who are keen on finding good value without compromising on convenience or community. Plus, living in these suburbs means access to great schools, transport, and future growth opportunities.

If you're planning to buy in any of these North Sydney areas, Mortgage Brokers Northern Beaches can help you explore competitive home loan options or structure your first investment loan. Their team offers guidance, access to a wide range of lenders, and support tailored to your needs, saving you time and potentially thousands of dollars.

Now, let’s dive into the top North Sydney suburbs perfect for first-time buyers in 2025.

Top Suburbs in North Sydney for First-Time Buyers

1. Lane Cove North

With a leafy atmosphere and solid access to public transport, Lane Cove North offers a mix of older apartments and newer developments. It’s just 9km from the Sydney CBD and is popular with young professionals and couples looking for a balance between city life and community charm.

• Median house price: $950,000
  
  
• Median unit price: $780,000
  
  
• Rental yields: 4.1% (units), 3.5% (houses)
  
  
• Growth drivers: Proximity to CBD, good schools, village atmosphere
  
  
• Infrastructure development: Ongoing upgrades to M2 Motorway and public transport links
  
  
• Investment potential: Strong due to access to employment hubs and long-term tenant demand
  
  

2. Artarmon

Artarmon has a well-established feel with wide streets, family homes, and proximity to Chatswood and the CBD. It’s serviced by its own train station and offers a blend of convenience and quiet suburbia, great for those entering the market. The local village shops, schools, and access to major employment hubs make it an appealing choice for first-time buyers.

• Median house price: $995,000
  
  
• Median unit price: $800,000
  
  
• Rental yields: 4.2% (units), 3.7% (houses)
  
  
• Growth drivers: Public transport, school zones, employment centres nearby
  
  
• Infrastructure development: Station upgrades, cycleways, and Chatswood CBD developments
  
  
• Investment potential: High, due to proximity to North Sydney’s commercial areas
  
  

3. Wollstonecraft

Wollstonecraft is a well-connected suburb with harbourside vibes and a peaceful atmosphere. Its train station makes commuting a breeze, while the local parks and foreshore walks attract outdoor-loving buyers. The suburb’s quiet streets and strong community feel also make it a great starting point for young professionals and couples.

• Median house price: $980,000
  
  
• Median unit price: $820,000
  
  
• Rental yields: 4.0% (units), 3.6% (houses)
  
  
• Growth drivers: Access to the CBD, scenic views, local amenities
  
  
• Infrastructure development: Transport upgrades and improved harbourside facilities
  
  
• Investment potential: Moderate to strong, depending on property type
  
  

4. Chatswood West

Often overshadowed by neighbouring Chatswood, Chatswood West is an underrated gem. It offers a quieter, more residential feel while still benefiting from the retail and transport options in Chatswood proper. Its leafy streets, nearby parks, and family-friendly atmosphere make it an attractive option for first-home buyers seeking both value and lifestyle.

• Median house price: $990,000
  
  
• Median unit price: $790,000
  
  
• Rental yields: 4.1% (units), 3.8% (houses)
  
  
• Growth drivers: Close to schools, shopping, and transport
  
  
• Infrastructure development: WestConnex and Metro upgrades in surrounding suburbs
  
  
• Investment potential: High due to development spillover and low vacancy
  
  

5. Greenwich

Greenwich offers first-time buyers a coastal-suburban lifestyle with a tight-knit community feel. It has ferry access, multiple parks, and solid school zones, making it a smart long-term investment. Its peaceful streets and proximity to Royal North Shore Hospital and local cafes also add to its growing appeal.

• Median house price: $985,000
  
  
• Median unit price: $815,000
  
  
• Rental yields: 3.8% (units), 3.3% (houses)
  
  
• Growth drivers: Harbourside appeal, school catchments, ferry transport
  
  
• Infrastructure development: Ongoing ferry and road upgrades
  
  
• Investment potential: Strong, particularly for families and professionals

Smooth Home Loan Application Support for First Home Buyers

Buying your first home in the North Sydney area doesn’t have to be overwhelming. Our team at Mortgage Brokers Northern Beaches offers end-to-end support with home loan applications, lender paperwork, and pre-approval, so you’re ready to act fast in these competitive suburbs. 

Chat with a North Sydney mortgage broker on 0403 316 686 or visit mortgagebrokersnorthernbeaches.com.au to book a free consultation.

6. Crows Nest

Crows Nest is buzzing with life thanks to its café culture, boutique shops, and community vibe. It's a walkable suburb that offers lifestyle appeal and public transport options like the new Metro station opening soon. Its vibrant dining scene and close proximity to North Sydney make it a hotspot for young professionals and first-time buyers.

• Median house price: $998,000
  
  
• Median unit price: $845,000
  
  
• Rental yields: 4.3% (units), 3.9% (houses)
  
  
• Growth drivers: Entertainment precinct, new Metro station, dining scene
  
  
• Infrastructure development: Sydney Metro Crows Nest station (opening 2025)
  
  
• Investment potential: Excellent due to gentrification and infrastructure upgrades
  
  

7. Naremburn

With its heritage charm and leafy streets, Naremburn has long been a favourite for first-time home buyers who want a quiet, community-driven lifestyle with proximity to the city. Excellent local schools, nearby shopping hubs, and easy freeway access further enhance its appeal for young families and professionals.

• Median house price: $960,000
  
  
• Median unit price: $790,000
  
  
• Rental yields: 3.9% (units), 3.4% (houses)
  
  
• Growth drivers: School catchments, peaceful surrounds, CBD access
  
  
• Infrastructure development: Road connectivity improvements and cycling paths
  
  
• Investment potential: Stable growth and strong rental market
  
  

8. Cammeray

Located just 5km from the Sydney CBD, Cammeray blends lifestyle and convenience. With bushland reserves, cafes, and quick access to the Warringah Freeway, it suits young professionals and small families. The suburb’s village atmosphere and strong local school options make it especially appealing for first-home buyers looking for long-term value.

• Median house price: $975,000
  
  
• Median unit price: $820,000
  
  
• Rental yields: 4.0% (units), 3.5% (houses)
  
  
• Growth drivers: Proximity to city, parks, local cafes
  
  
• Infrastructure development: Freeway upgrades and transport improvements
  
  
• Investment potential: Solid, especially for units near amenities
  
  

9. Northbridge

Northbridge provides a balance between peaceful family living and city access. It’s got the Northbridge Plaza, great schools, and a mix of houses and units, making it appealing for first-time buyers. Its scenic walking trails, golf course, and waterfront spots add a lifestyle bonus that’s hard to overlook.

• Median house price: $995,000
  
  
• Median unit price: $850,000
  
  
• Rental yields: 3.7% (units), 3.2% (houses)
  
  
• Growth drivers: Shopping centres, access to Lower North Shore, schools
  
  
• Infrastructure development: Local community projects and parkland upgrades
  
  
• Investment potential: High, thanks to solid local demand
  
  

10. Neutral Bay

Although close to the limit, Neutral Bay still offers opportunities under $1 million, especially units. It’s known for its harbour views, pubs, and convenience. First-time buyers love the easy commute and lifestyle perks. The suburb’s vibrant nightlife, frequent bus services, and proximity to the city make it a standout for young professionals entering the market.

• Median house price: $998,000
  
  
• Median unit price: $870,000
  
  
• Rental yields: 4.1% (units), 3.6% (houses)
  
  
• Growth drivers: Lifestyle appeal, access to ferry and buses, local nightlife
  
  
• Infrastructure development: Sydney Metro upgrades nearby
  
  
• Investment potential: Excellent, especially for well-located units
  
  

Sources: Realestate.com.au, Domain, NSW Government, SQM Research. Please note that property prices tend to fluctuate over time; hence, it’s always best to consult with a real estate agent for the latest market values. 

How a Mortgage Broker Can Help You Buy in North Sydney

If you’re thinking of entering the market in any of these North Sydney suburbs for first home buyers, working with a mortgage broker can streamline the process. The team at Mortgage Brokers Northern Beaches can help secure low deposit options, explain your eligibility for the First Home Owner Grant, and offer expert guidance on loan types.

They compare dozens of lenders to find the best solution for your goals, whether you’re planning to live in or rent out your new home.

FAQs

What is the most affordable suburb in North Sydney for first-home buyers?

Lane Cove North and Artarmon often offer the best value under $1 million with good access to transport and amenities.

Are there any grants for first-home buyers in North Sydney?

Yes, you may qualify for the NSW First Home Owner Grant. Check here for details.

Can I buy a house in North Sydney for under $1 million?

Yes, suburbs like Naremburn, Greenwich, and Cammeray offer houses within that range, especially smaller homes or townhouses.

Are North Sydney suburbs good for investment?

Yes, many offer solid rental yields and infrastructure growth, making them appealing to first home buyers and investors alike.

What’s the rental yield like in North Sydney suburbs?

Rental yields typically range from 3.2% to 4.3%, with units often offering better returns.

Should I buy a house or unit as a first home buyer?

Units offer better affordability and yields, while houses provide land value and long-term growth; choose based on your lifestyle and goals.

Can a mortgage broker help me get pre-approval in North Sydney?

Absolutely. Mortgage Brokers Northern Beaches can help you get pre-approved and guide you through the entire buying journey.

Wrapping Up

Buying into North Sydney suburbs for first home buyers is not just about affordability; it's about choosing a location with real potential. These areas have a blend of liveability, future infrastructure growth, and rental potential that make them stand out in 2025.

Need help making the right move? Mortgage Brokers Northern Beaches is here to help you. Our North Sydney brokers will assist you in understanding your borrowing capacity, secure the right lender, and even help you qualify for government incentives. Whether you're after a low deposit home loan or looking to refinance, their experts make it easy.

Visit www.mortgagebrokersnorthernbeaches.com.au or call 0403 316 686 to speak with a professional today.