Unit 54,
21 EAST CRESCENT STREET Mcmahons Point NSW 2060

About North Sydney - Lavender Bay

With an average age of 41, households expect an average monthly mortgage payment of $2,184 or a weekly rent payment of $550. The average family earns a weekly income of $3,750 with a typical household size of 1.4 and a 95.47% employment rate.

Consistent high demand relative to supply is a key feature in Mcmahons Point driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mcmahons Point 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 Mcmahons Point 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. Medium density in Mcmahons Point necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. 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

North Sydney Balmain Wharf, Yeend St Balmain East Wharf Milsons Point Wharf Jefferys Street Beulah Street Wharf Birchgrove Milsons Point McMahons Point Wharf Waverton

General Points of Interest

Skyview Shopping Plaza The Village - Balgowlah Stockland Gunyama Park Aquatic and Recreation Centre Pelican Wombat Fanny Durack Aquatic Centre Camperdown Fitness War Memorial Woolstores Alexandria Monument Crone Architects

Population

(Country of Birth not stated 5%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Cammeraygal HS Nth Sydney PS

• Loreto Kirribilli

  Kirribilli, NSW, 2061 Independent K-12

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• St Aloysius' College

  Kirribilli, NSW, 2061 Independent 3-12

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• Wenona School

  North Sydney, NSW, 2060 Independent K-12

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• Fort Street Public School

  Sydney, NSW, 2000 State K-6

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• North Sydney Public School

  Waverton, NSW, 2060 State K-6

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• Observatory Hill Environmental Education Centre

  The Rocks, NSW, 2000 State

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• Nicholson Street Public School

  Balmain East, NSW, 2041 State K-6

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• Monte Sant' Angelo Mercy College

  North Sydney, NSW, 2060 Independent 7-12

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• SHORE - Sydney Church of England Grammar School

  North Sydney, NSW, 2060 Independent K-12

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Property Story

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