Unit 8, 32-40 LAVENDER STREET Lavender Bay NSW 2060
This property is Off Market
- Last sold 3/25/2024 for $1,610,000. The Average property price in this area is $26,252,274, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 0.63 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
- 9/19/2024 16 MACKENZIE ST $1,525,000
- 8/12/2024 2 WILONA AVE $2,530,000
- 8/1/2024 35 EAST CRESCENT ST $9,000,000
- 7/30/2024 26 WALKER ST $5,950,000
- 6/3/2024 7 LAVENDER ST $822,000
About North Sydney - Lavender Bay
With an average age of 44, households expect an average monthly mortgage payment of $3,234 or a weekly rent payment of $530. The average family earns a weekly income of $3,750 with a typical household size of 1.9 and a 94.49% employment rate.
Consistent high demand relative to supply is a key feature in Lavender Bay driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Lavender Bay 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 Lavender Bay 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 Lavender Bay 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
Circular Quay Wharf 5
Balmain East Wharf
Milsons Point Wharf
Circular Quay Wharf 6
Jefferys Street
Beulah Street Wharf
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 6%)
Are people healthy?
There are a recorded 1029 asthma sufferers and 383 people living with diabetes. In addition, 391 people have a heart/vascular condition and 600 people live with three or more chronic diseases.A good place to invest in property?
North Sydney - Lavender Bay 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
69 / 100
31 / 100
Industry
41 / 100
22 / 100
Population
27 / 100
19 / 100
House Prices
95 / 100
60 / 100
Jobs
48 / 100
29 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsNth Sydney PS Cammeraygal HS
Property Story
Unit 8, 32-40 Lavender Street, Lavender Bay, Nsw, 2060 is a residential property . The estimated distance to the sea is only 0.63km and at least 1.62KM 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
