Your Lane Cove Mortgage Broker
Connected loans have been lending to the residents of Lane Cove for the past 30 years. In that time we’ve watched the suburb develop into a residential hub, close to great shops, restaurants and cafes along with a short commute to the CBD. Lane Cove isn’t just a great place to live but is also a property investment hub with great year on year growth, and rental return. If you’re looking for more information about Lane Cove keep reading.
What is it like to live in Lane Cove?
Lane Cove provides a village lifestyle, just 15 mins from the Sydney CBD. Taking a wander through the Lane Cove plaza and the newly developed restaurant precinct, you’d be forgiven for thinking that you’d found yourself in another place a long way from the hustle of the CBD. Lane Cove benefits from a vast array of parkland and bushland that provides a rare leafy and truly Australian feel you wouldn’t expect from somewhere so close to the city. From the Lane Cove Plaza, it’s a short walk down to the Lane Cove River, where you’ll find yourself following trails deep into the Lane Cove National Park.
As for amenities, you’ll find a brand new Coles & Aldi along with Woolworths and a huge library that has been a fixture in the centre of town. The suburb is spoilt with modern bars, with Story Coffee providing some of the best coffee Sydney has to offer. Being just 15 minutes by bus to the city it’s not surprising that most of the Lane Cove Locals are professionals and office workers. The bus is the most convenient form of transport during peak hours with efficient bus lanes straight into the CBD.
Lane Cove Suburb Investment Profile
Lane Cove has a wide array of property types, including luxury apartments, stunning mansions and large family homes. Many of these large family homes are from the federation period, meaning they generally have a huge investment and development opportunity and are of high build quality. There are plenty of apartment complexes still being developed, with off the plan properties still available. It’s not unusual to have bush, city or river views from properties especially above level 4 in many of the apartment complexes.
Lane Cove (2066) has delivered a comparably stronger property value appreciation performance in contrast to other Australian suburbs. The average median house price in NSW has risen, bringing the value up in Lane Cove, resulting in an average capital gain of 10.93% over the past year. Median house prices in Lane Cove have risen to $2,400,000, with the average apartment price sitting at above $800,000
If you would like to find out more about how our lower north shore experts can help you, get in touch with the Connected Loans Team today. Connected loans is a locally owned and operated business that was created to provide those looking to become first-home owners or to build on their property portfolio, with real-life choices and friendly service. With so many loan products available on the market, it is important to know you have an expert to navigate you through the process from start to finish. Contact us to find out more.