At number 3030th in the list of Australian suburbs ordered by increase in median house value over the last year, Lane Cove, 2066 is in the BOTTOM 30% with a property value increase of -1.47% recorded in median house prices.
The five-year average increase in median property values for Lane Cove,2066 has given property investors a potential capital gain of 80.73% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Lane Cove is offering property investors an average of -6.18. This rate of discount on properties puts Suburb at number 1151th in terms of most discounted suburbs in NSW
Residents and property investors in Lane Cove have been waiting around 71.82 days to sell a property.
Renters in Suburb are facing rents around $51480 per annum or $990 every week.
Giving property investors a an unimpressive capital gain of -2.30% for the last year, Lane Cove, 2066 is the 1178th highest performer in Australia in this respect.
While Lane Cove,2066 ranked number 207th in NSW for increase in median house value (annualised) increase, it is ranked 343th over the last 5 years.
Lane Cove2066 is located in NSW which offers an average discount of -5.18% to property investors. Lane Cove itself is showing figures that indicate -4.21% is the average achievable by property buyers investing in the suburb.
At number 257 in a list of fastest selling suburbs, Lane Cove is in the TOP 20% of suburbs in Australia with an average of days on market 48.67 for properties listed there.
Situated 5.01km from the CBD, Lane Cove is one of Lane Cove localities in the postcode 2066.