Lane Cove real estate is in high demand thanks to the suburb offering a tranquil setting, ample fun activities and beautiful, upscale homes. If you’re thinking of moving to this suburb, you’ll be pleasantly surprised by all that Lane Cove has to offer.
Lane Cove is known for being close to the city, yet it has a laid-back vibe that makes it charming and a top choice for real estate. Professionals and families flock to the area, with plenty of parks to explore and it’s easily accessible.
The Lane Cove median house price is $2.664 million, and rent averages $900 per week. Buyers can find a four-bedroom home for around $3.21 million and a two-bedroom property for $2.26 million.
In terms of demand, approximately 821 people visit a property before its sold, much less than the 1648 average of NSW.
One of the main perks of living in Lane Cove is the pedestrian-only plaza. You can stroll down the street, visit shops, get food and do it all without worrying about cars being in the way.
Speaking of shops and restaurants, there are more than enough to explore in the area.
Lane Cove is home to numerous places to eat and get food, including:
- Zapparellis Pizza
- Bangkok Bar
- Rossy’s Pomodoro Pizza
- Persian Basement
You’ll find plenty to do in this quaint suburb, but perhaps the most popular activity of all is going to one of the many nearby parks.
A staggering 16% of all land in the area is devoted to parks. In addition, recreational areas make Lane Cove one of the most desirable areas to live and visit because you can escape the city life, while still being relatively close to the city.
Multiple parks are in the area with the most popular being:
- Hughes Park
- Pottery Green
- Lane Cove Bushland Park
Pottery Green offers ample time for sport with swings, cricket pitch and even a water bubbler in the area. Bushland Park is another popular option with great walking paths and waterfalls. One minor complaint is that in dry seasons, the waterfalls often don’t flow.
Kids have a lot to do in the area, including joining the Youth Orchestra and the Concert Band. There are also dance academies, music, historical societies, art societies and many more in the area.
When it comes to education and schools, there are numerous options available:
- Lane Cove Public School
- Currambena School
- St. Michael’s School
- Saint Ignatius College (in Riverview)
Multiple Junior sporting clubs are in the area, including rugby, football and cricket. Kids can also enjoy the Aquatic Leisure Centre.
Lane Cove is near numerous suburbs, including:
- Artarmon – 2.8km
- Lane Cove West – 1.9km
- Lane Cove North – 2.5km
- Linley Point – 2.9km
- Longueville – 2.6km
- Northwood – 2.1km
- Riverview – 1.4km
Close proximity to numerous suburbs and ample public transportation help make Lane Cove one of the most in-demand suburbs in the area.
Lane Cove’s prices for a three-bedroom and four-bedroom property range from $2.2 million to $3.2 million. Prices in the area tend to be more expensive near the beach, and there are ample luxury homes, mansions and luxury apartments in the area for buyers to explore.
The median home price rose nearly 13% in the suburb in the last year, so there’s massive demand in the west, north and other areas of the village.
If you’re searching for property for sale in Lane Cove, you know that the market is intense. There’s a lot of competition and few properties for sale leading to high prices even for a modest accommodation.
A buyer’s agent will help you:
- Find properties within your price range
- Schedule property viewings
- Work with professionals, such as inspectors
- Negotiate with buyers
- Read through the sales contact
If you’re trying to buy a house in Lane Cove through auction, your agent may be able to assist you at auction, too.
Buying a property without an agent may be possible, but it’s always in your best interest to work together with a professional. The agent knows the market, how the purchasing process works and where to find the best deals in the area.