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Unit 1,
88 BURNS BAY ROAD Lane Cove NSW 2066

This property is Off Market

All about Lane Cove Homes for sale in Lane Cove

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

Drive times

School Catchments

Property For Sale Nearby

Century 21 UNIT 305, 2 BIRDWOOD AV, P.O.A. 1 Beds - 1 Baths - 1 Parking Within 0.5 km Ray White 175A BURNS BAY RD, 3200000 3 Beds - 3 Baths - 2 Parking Within 0.6 km LJ Hooker UNIT 606, 9 MAFEKING AV, FOR SALE - Contact Agent 2 Beds - 2 Baths - 2 Parking Within 1.1 km LJ Hooker UNIT 49, 300A BURNS BAY RD, OFF-MARKET SALE - Contact Agent 3 Beds - 2 Baths - 2 Parking Within 1.3 km Century 21 UNIT 609, 8 WATERVIEW DR, CONTACT AGENT 1 Beds - 1 Baths - 1 Parking Within 1.5 km

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 ship

Hunters Hill Ferry Wharf ship

Longueville Wharf ship

Northwood Wharf ship

Greenwich Wharf ship

Clarke Road Wharf ship

Drummoyne Ferry Wharf ship

Huntleys Point ship

Cockatoo Island ship

Woolwich Wharf

General Points of Interest

Skyview Shopping Plaza monument

Australian Air Cadets Memorial monument

Efogi

Pelican

Wombat

Fanny Durack Aquatic Centre sport

Camperdown Fitness monument

War Memorial shopping

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

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Lane Cove PS Hunters Hill HS
St Ignatius' College
Lane Cove, NSW, 2066 Independent 5-12
Greenwich Public School
Greenwich, NSW, 2065 State K-6
Lane Cove West 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
St Michael's Catholic Primary School
Lane Cove, NSW, 2066 Independent K-6
Mowbray Public School
Lane Cove, NSW, 2066 State K-6
Aurora College
Lane Cove North, NSW, 2066 State 7-12
Artarmon Public School
Artarmon, NSW, 2064 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

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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.

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