Whalan tops list of 2017 Sydney property hotspots

Whalan takes the equal top spot as Sydney's 2016/2017 hotspot for investing in houses with an expected increase of seven percent over the next 12 months.

The median price at Whalan is currently $480,000, according to APM, in their forecast developed by APM senior economist, Dr Andrew Wilson.

An example would be a four bedroom home currently on sale for between $485,000-$525,000 at 227 Luxford Rd Whalan (above), which is between $5,000 - $45,000 above the median price.

Similarly a four bedroom house was recently sold for $495,000 at 66 Torres Crescent (above), which is $15,000 above the median price.

The Smart Investor magazine, published by Fairfax Media, ranked Burwood as second best hotspot.

Suburb               Postcode    Median price      12 month forecast

Whalan               2770         $480,000           7%

Burwood             2134         $2,250,000        7%

North Strathfield  2137         $1,652,257        6%

South Granville    2142         $820,500           6%

Cabarita              2137         $2,632,000        5%

Sylvania Waters   2224         $1,817,500         5%

Manly                 2095         $2,715,000         5%

Telopea              2117          $1,082,500        5%

Homebush         2140          $1,931,460         4%

Pitt Town           2756          $1,070,000         3%