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Lane Cove Suburb Insights
VICLocation Information
Suburb Name
Lane Cove, VIC
Distance from CBD
20.8 kmDemographics
Population
10,817
Median Income
$58,084
Area Information
Area
2.58 km²
Population Density
4193 people/km²
Property Market
Median Price
$786,655
Annual Growth
+10.5%Property Price Trend Analysis
Current Median Price
$786,655
Annual Growth
+10.5%
Quarterly Growth
+2.7%
Price Trends - Last 6 Months
2024-01
$747,503
+3.7%2024-02
$545,985
+10.9%2024-03
$794,459
+9.1%2024-04
$415,251
+14.3%2024-05
$709,181
+11.4%2024-06
$763,085
+18.7%Property Type Price Analysis
House
Median Price
$1,321,077
Growth Rate
+7.4%Available Listings
462 properties
Apartment
Median Price
$559,146
Growth Rate
+14.2%Available Listings
595 properties
Townhouse
Median Price
$711,201
Growth Rate
+16.6%Available Listings
236 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Strong quarterly growth momentum
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy