2016 was a great year for the real estate market in Sydney—and it looks like 2017 is poised to be even better.

Investments saw major returns by way of soaring prices, low interest rates, and a lower Australian dollar. All of which contributed to draw both local and foreign interest into the Sydney property market.

But as they say in real estate: location is everything. Where you put your money will define the value of your investment, and how much you will get out of it.

So let’s look at how Sydney is likely to perform in 2017 and over the coming years.