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Unit 8,
506-512 PACIFIC HIGHWAY Lane Cove North NSW 2066

This property is Off Market

All about Lane Cove North Homes for sale in Lane Cove North


  • Last sold 8/23/2022 for $650,000. The Average property price in this area is $3,177,337, this is based on recent transactions.
  • Internet speed Download 1000 Mbps / Upload 400 Mbps
  • Distance to the coast 5.11 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About Chatswood (West) - Lane Cove North

With an average age of 35, households expect an average monthly mortgage payment of $2,167 or a weekly rent payment of $420. The average family earns a weekly income of $2,615 with a typical household size of 2 and a 94.82% employment rate.

Consistent high demand relative to supply is a key feature in Lane Cove North driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Lane Cove North are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Lane Cove North 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 North 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

General Points of Interest


Population

(Country of Birth not stated 2%)

Are people healthy?

There are a recorded 1599 asthma sufferers and 687 people living with diabetes. In addition, 678 people have a heart/vascular condition and 944 people live with three or more chronic diseases.

A good place to invest in property?

Chatswood (West) - Lane Cove North 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

52 / 100

31 / 100

Industry

58 / 100

22 / 100

Population

42 / 100

19 / 100

House Prices

82 / 100

60 / 100

Jobs

65 / 100

29 / 100


Local Crime Rates

Incidents Trend State Average


Local Schools

  • School Catchments
    Chatswood HS Mowbray PS
  • Our Lady of Dolours Catholic Primary School

    Chatswood, NSW, 2067 Independent K-6

  • Chatswood High School

    Chatswood, NSW, 2067 State 6-12

  • Chatswood Public School

    Chatswood, NSW, 2067 State K-6

  • International Chinese School

    Chatswood, NSW, 2067 Independent K-4

  • Artarmon Public School

    Artarmon, NSW, 2064 State K-6

  • Lane Cove Public School

    Lane Cove, NSW, 2066 State K-6

  • Mercy Catholic College

    Chatswood, NSW, 2067 Independent 7-12

  • St Pius X College

    Chatswood, NSW, 2067 Independent 5-12

  • Bradfield College

    St Leonards, NSW, 2065 State 11-12

  • St Michael's Catholic Primary School

    Lane Cove, NSW, 2066 Independent K-6


Property Story

Unit 8, 506-512 Pacific Highway, Lane Cove North, Nsw, 2066 is a residential property with 2 bedrooms, 2 bathrooms and 1 Parking spaces. The estimated value of this home is $785,000 while properties of this type typically sell for between $625,000 and $2,430,000 in this suburb. The estimated distance to the sea is 5.11km and 0.69KM 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

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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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