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Lane Cove North Suburb Insights
VICLocation Information
Suburb Name
Lane Cove North, VIC
Distance from CBD
6.5 kmDemographics
Population
11,436
Median Income
$57,408
Area Information
Area
2.36 km²
Population Density
4846 people/km²
Property Market
Median Price
$512,443
Annual Growth
+19.5%Property Price Trend Analysis
Current Median Price
$512,443
Annual Growth
+19.5%
Quarterly Growth
+1.9%
Price Trends - Last 6 Months
2024-01
$902,716
+7.7%2024-02
$751,305
+11.2%2024-03
$658,543
+14.5%2024-04
$907,266
+12.9%2024-05
$923,068
+11.9%2024-06
$531,003
+12.2%Property Type Price Analysis
House
Median Price
$1,519,940
Growth Rate
+12%Available Listings
375 properties
Apartment
Median Price
$455,957
Growth Rate
+8.1%Available Listings
853 properties
Townhouse
Median Price
$834,872
Growth Rate
+10.6%Available Listings
313 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy