St Leonards is a suburb on the lower North Shore of Sydney, positioned on the Pacific Highway, eight kilometers north-west of the Sydney central Business District and lies across the local Government areas of Municipality of Lane Cove, North Sydney Council and the City of Willoughby.
St Leonards is a busy, fast paced suburb, provides easy access the centre of Sydney, North Sydney, Chatswood and the Northern Beaches. Due to the fact that most of the dwellings in the area are high density with a large number of renters, this area presents a great opportunity for property investment.
The size of St Leonards is approximately 1 square kilometres. It has 2 parks covering nearly 7% of total area. St Leonards has a population of 4,467 with a density of 6,717.2 persons/sq km, which is higher than the average for all Cities and Suburbs. The median age is 32 Years Old, which is significantly lower than the average for all Cities and Suburbs. The median personal weekly income is $1,228 and the average weekly rent is $500, leaving a surplus of $728 each week, which is significantly higher than the average for all Cities and Suburbs. The average resident has completed 11.78 Years of schooling, which is drastically higher than the average for all Cities and Suburbs in Australia. According to the census, 30.9% of workers use public transportation, which is considerably higher than the average for all Cities and Suburbs.
St Leonards is in the TOP 10% in NSW when comparing median price capital growth over the last year. St Leonards gave property investors a very good capital gain figure when compared to the rest of the state, with 22.41%.
St Leonards is the sixth-biggest employment concentration in Sydney, with around 25,000 jobs including Crows Nest). Its importance is reinforced by its location in Sydney’s ‘global arc’—the corridor of globally significant economic activity stretching from Sydney Airport to Macquarie Park—and the presence of the Royal North Shore Hospital and Northern Sydney Institute of TAFE. St Leonards is also highly accessible by public transport (mainly through its station on the North Shore rail line).
The NSW Government has developed a Metropolitan Strategy for Sydney to manage its growth over the next 25 years. The Metropolitan Strategy seeks to concentrate new jobs in areas that are easily accessible by public transport, and that can capitalise on existing health and education facilities. It nominates 27 centres for particular employment growth and sets targets for additional jobs in each of these centres by 2031. St Leonards is one of these. The Strategy sets a target for St Leonards
of 33,000 jobs by 2031—an increase of 31%, or around 8,000 jobs. It also targets between 2000 and 5000 more dwellings for the centre over this period.
St Leonards has a higher-density of residential precinct.
St Leonards is in the TOP 10% in NSW when comparing median price capital growth over the last year. St Leonards gave property investors a very good capital gain figure when compared to the rest of the state, with 22.41%.read more
St Leonards was ranked 555 in Australia by increase in median property value over the quarter.
At number 391th of NSW’s most discounted properties, St Leonards is in the TOP 20% of the state/territory when listing in order of most discounted to least.
Renters in Suburb are facing rents around $6600 per annum or $550 every week.
Most sought-after properties:
Houses and Apartments
Most common properties:
St Leonards is largely characterized by the large apartment buildings that line the Pacific Hwy and surrounding roads. It is not surprising therefore that most of the dwellings in the area fall into the high-density category. More than 50 per cent of households in St Leonards are lone households or have single parent occupants and, of these, 66 per cent are renters. The 20 per cent of occupants who are purchasing their property would be paying an average of $2,000 per month in mortgage repayments and, in general, people who live in St Leonards work in a professional occupation.
The Royal North Shore (RNS) Hospital, northwest of the station, is a major metropolitan hospital servicing the North Shore area, located on the Pacific Highway in St Leonards. The suburb also contains a campus of the University of Technology. The business and medical strip on the south side of the Pacific Highway west of the rail line; The Naremburn Conservation Area, north of Henry Lane and east of the station. This is a highly valued heritage neighbourhood of charming workers cottages and leafy streetscapes. A short distance away is Chatswood Westfield, which draws shoppers from all over Sydney with its mix of major chain stores and luxury brand shops.
Local industry and business:
St Leonards has a commercial centre that complements the role of Chatswood, Lane Cove and North Sydney as one of the centre’s for business on the North Shore of Sydney. St Leonards contains one of Sydney's suburban skyscraper clusters, with major offices for many large companies including Toyota Financial Services, IBM, Lenovo, Manchester Unity, 3, Savvytel, Leighton Holdings, Macquarie Media Group and Channel 31 TV Studio . The NSW Department of Education and Training host their Information Technology Directorate in Herbert Street. Gore Hill Technology Park is the site of current Fox Sports television studios. The Forum, which was completed in 2003, is built over St Leonards railway station and comprises three commercial office buildings, two residential towers containing 782 apartments, a supermarket, and 34 food and retail shops. The suburb's tallest building is the Forum I, with panoramic views of the city skyline.
Recent changes: Upgrading of North Shore Hospital and University Campus.
Best streets: Chandos & Atchison Streets
St Leonards railway station is on the North Shore Line of the City Rail network. The suburb is around twenty minutes or 8 kilometers away from the centre of Sydney by train and five minutes or 4 kilometers from Chatswood. St Leonards is easily accessed by car, with the Pacific Highway running through the middle of the suburb. Buses are a popular transport option, with frequent services to North Sydney, Neutral Bay, Manly, Chatswood and the centre of Sydney.
Pacific Highway, Gore Hill Freeway and Lane Cove Tunnel.