The Golden Triangle

May 3rd, 2019 - by Brad Gillespie

In a suburb rich in appeal, Alexandria’s so-called ‘Golden Triangle’ is the crown jewel.

Alexandria’s ‘Golden Triangle’ comprises the triangle-shaped area bordered by Jennings, Renwick, Suttor and Dibbs. At its heart lie some of the area’s prime residential streets; among them, Brandling Street. These quiet, tree-lined enclaves possess peace and tranquillity that belies their enviable proximity to the heart of the city.

In more recent years some argue the triangle has extended to include Hendersen and Mitchell Roads.

A diverse range of housing in or near the Golden Triangle encompasses studio apartments, one-bedrooms and warehouse conversions to grand Victoria terraces and sprawling Federation-era family homes. Property prices in Alexandria have seen tremendous growth in recent years and are currently holding strong despite the downturn, in large part to their highly desirable location. Less than five kilometers from Sydney’s CBD, many consider Alexandria to be the new Surry Hills, with its modern apartment developments and booming café, restaurant and bar scene.

Location and lifestyle

Locals love the lifestyle the Golden Triangle affords, which combines the best of a peaceful and prosperous neighbourhood with urban convenience, buzz and plenty of attractions.

It’s easy walking distance from two train stations (Erskineville and Redfern) with a third (Green Square) also not far away. There’s also an abundance of green leafy parks here, including Erskineville Oval, Alexandria Park, Solander Park and Harry Nobel Reserve, offering plenty of outdoor space for sports, recreation and relaxation. It even boasts a couple of tiny pocket parks within the triangle.

Beside the Serbian Orthodox Church, it’s almost purely residential which adds to its tranquil vibe. There is a preschool, school and community centre on its fringes.

Nearby, Erskineville Village and Regent and Redfern streets in Redfern offer a plethora of cool small bars, great cafes and interesting eateries and food providores to choose from, but residents of the Golden Triangle don’t even have to go that far for good food. Local institution, Bitton Gourmet, a gourmet grocer and café, is much loved for its French twist on modern Australian classics and was one of the original “new” eateries almost 20 years ago. Fratelli Fresh just over Mitchell Road brings authentic Italian pasta and great wines to the area. Newly-opened Went to See the Gypsy café, by artisan coffee roasters Gypsy Espresso, is fast becoming a firm neighbourhood favourite for its exceptional coffee and fresh, flavoursome fare.

Iconic Australian Technology Park is also a stone’s throw away; steeped in rich and colourful history, the heritage-listed former locomotive yard is well on its way to becoming a hub of tech innovation for Sydney.

What’s in a name?

How exactly the area came to be known as the ‘Golden Triangle’ remains a mystery, except that this mathematical term for a ‘sublime triangle’ has historically been used to denote geographical areas of unique and rare appeal.

We’ve heard some people say it’s purely a real estate term (and many wish that their home was inside the mythical area as it holds such charm). We’ve also heard people say the term dates back many decades to the suburb’s humble beginnings and relates to class standing of the workers on the Railway.

If you know the real origins of the term, we’d love to hear from you!

Alexandria Housing Prices as of April 2019
Median house price: $1.4M
Median unit price: $780,000

Recent listings in the Golden Triangle

If you looking to buy or sell in Alexandria or Erskineville, contact our team today.