This property is Off Market
With an average age of 46, households expect an average monthly mortgage payment of $3,093 or a weekly rent payment of $750. The average family earns a weekly income of $4,611 with a typical household size of 2.9 and a 95.16% employment rate.
Consistent high demand relative to supply is a key feature in Greenwich driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Greenwich 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 Greenwich 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 Greenwich 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.
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
Incidents Trend State Average
Bradfield College
St Leonards, NSW, 2065 State 11-12
Naremburn School
Naremburn, NSW, 2065 State U
North Sydney Girls High School
Crows Nest, NSW, 2065 State 7-12
Royal North Shore Hospital School
St Leonards, NSW, 2065 State
Greenwich Public School
Greenwich, NSW, 2065 State K-6
Cammeraygal High School
Crows Nest, NSW, 2065 State 7-12
St Michael's Catholic Primary School
Lane Cove, NSW, 2066 Independent K-6
Artarmon Public School
Artarmon, NSW, 2064 State K-6
Currambena Primary School
Lane Cove, NSW, 2066 Independent K-6
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.
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure