Unit 1, 88 BURNS BAY ROAD Lane Cove NSW 2066
This property is Off Market
- Last sold 9/20/2024 for $1,115,000. The Average property price in this area is $2,203,009, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 5.65 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 10/21/2024 130 BURNS BAY RD $902,000
- 10/16/2024 36 AUSTIN ST $3,260,000
- 10/15/2024 43 LITTLE ST $1,360,000
- 10/14/2024 390 PACIFIC HWY $1,700,000
- 10/11/2024 10 WATERVIEW DR $625,000
About Lane Cove - Greenwich
With an average age of 40, households expect an average monthly mortgage payment of $2,291 or a weekly rent payment of $450. The average family earns a weekly income of $3,062 with a typical household size of 1.7 and a 93.33% employment rate.
Consistent high demand relative to supply is a key feature in Lane Cove driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Lane Cove ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Lane Cove classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Lane Cove requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Riverview College Wharf
Hunters Hill Ferry Wharf
Longueville Wharf
Northwood Wharf
Greenwich Wharf
Clarke Road Wharf
Drummoyne Ferry Wharf
Huntleys Point
Cockatoo Island
Woolwich Wharf
General Points of Interest
Skyview Shopping Plaza
Australian Air Cadets Memorial
Efogi
Pelican
Wombat
Fanny Durack Aquatic Centre
Camperdown Fitness
War Memorial
Gordon Centre
Crone Architects
Population
(Country of Birth not stated 1%)
Are people healthy?
There are a recorded 2463 asthma sufferers and 1025 people living with diabetes. In addition, 1083 people have a heart/vascular condition and 1369 people live with three or more chronic diseases.A good place to invest in property?
Lane Cove - Greenwich a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
New South Wales State average 59 / 100
Income
78 / 100
31 / 100
Industry
74 / 100
22 / 100
Population
48 / 100
19 / 100
House Prices
87 / 100
60 / 100
Jobs
81 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsLane Cove PS Hunters Hill HS
-
Aurora College
Lane Cove North, NSW, 2066 State 7-12 -
Chatswood High School
Chatswood, NSW, 2067 State 6-12 -
St Ignatius' College
Lane Cove, NSW, 2066 Independent 5-12 -
Mowbray Public School
Lane Cove, NSW, 2066 State K-6 -
Lane Cove Public School
Lane Cove, NSW, 2066 State K-6 -
Currambena Primary School
Lane Cove, NSW, 2066 Independent K-6 -
Artarmon Public School
Artarmon, NSW, 2064 State K-6 -
St Michael's Catholic Primary School
Lane Cove, NSW, 2066 Independent K-6 -
Lane Cove West Public School
Lane Cove, NSW, 2066 State K-6
Property Story
Unit 1, 88 Burns Bay Road, Lane Cove, Nsw, 2066 is a residential property . The estimated distance to the sea is 5.65km and 0.39KM to vegatation considered to be a factor in bushfire risk.Local Developments
To see the latest development applications
Join usAlready have an account? Sign in
-
134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
Report this property
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure
