Over the last year, property investments in Longueville, 2066 have given investors a capital gain of 0.44%. This compares very badly with the 9.74% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Longueville,2066 has racked up an average of 0.44% over the period. This ranks it number 1330th in the whole country for real estate investors looking at median house price increases.
Longueville, 2066 is offering NSW ‘s 1203th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this NSW.
At number 1451 in a list of fastest selling suburbs, Longueville is in the TOP 40% of suburbs in Australia with an average of days on market 69.2 for properties listed there.
Waterfront suburb Longueville sits some 10km from Sydney’s CBD and boasts a mix of architectural marvels old and new. The area’s is known for its secluded feel, nestled on the Lane Cove River between Tambourine Bay and Woodford Bay with wide streets and striking city and harbour views.Full summary
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Waterfront suburb Longueville sits some 10km from Sydney’s CBD and boasts a mix of architectural marvels old and new. The area’s is known for its secluded feel, nestled on the Lane Cove River between Tambourine Bay and Woodford Bay with wide streets and striking city and harbour views.
Residents also enjoy easy access to Sydney’s CBD via both bus and ferry services, or they can take a stroll to the many fine shops and restaurants at Lane Cove Village.
“It’s such a great family environment, and since you’ve only got 700 homes on the peninsula so the moment something comes up it’s usually sold within four to six weeks,” says Sandra Peach of Ray White Lane Cove.
Peach knows the area well and has watched it grow progressively younger over the past twenty years. “It used to be an old established suburb with old people,” she says. “But now there has been a major generational shift within that suburb and that is why there have been a lot of properties sold or rebuilt because you get a younger family environment.”
Peach says the low number of sales in the area is in part due to the fact that families really just do not want to leave.