Inner-city charm continues to impress

Sydney-is-a-charmer-by-day-and-night-and-it-just-got-easier-to-navigate-if-youre-an-innercity-dweller_157_71299_0_14100100_300If you’re thinking about buying an inner-city apartment in Sydney, recent changes may make the decision that much easier.

The City of Sydney announced a new speed limit zone on May 27, which is aimed at improving safety for pedestrians.

“The announcement endorses the City of Sydney’s decade-long push for the introduction of 40km per hour speed limits in the city centre,” according to a council statement.

The area inside Castlereagh, Hay, Kent and Pitt streets will now have the slower speed limit, connected to the 40km per hour zone that’s currently in place at The Rocks.

“The majority of trips being made in our city centre are on foot. But pedestrians are very vulnerable road users, so even a slight reduction in vehicle speed can significantly reduce the severity and consequences of a collision,” explained Lord Mayor Clover Moore.

Ms Moore noted the changes will make the city a safer place to explore by foot.

“We will work with the NSW Government to implement the new zone and ensure all road users are informed of the changes,” she noted.

For those who work in the city, an apartment in the nearby vicinity can be a good idea for convenience.

Given that the population of the Greater Sydney area is expected to grow from its figure of 7.41 million people in June 2013, recorded by the Australian Bureau of Statistics, demand for quality housing will no doubt increase.

Getting in early and securing property that’s going to continue to be in demand in years to come could be a wise move for buyers.

It’s not just inner-city professionals that may wish to take such an approach. Investors may direct their attention towards growth areas as well as suburbs that remain continuously popular.

From Pyrmont and Darlinghurst to Double Bay and Point Piper, there are plenty of suburbs that enjoy a great lifestyle and convenient links to town, whether by foot or ferry.

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