True Cost of Buying in Lane Cove

2066 NSW · 9km to CBD

Stable

Market Intelligence

Lane Cove, NSW 2066, is a highly sought-after suburb located just 9 kilometres from Sydney’s CBD, offering a blend of urban convenience and leafy tranquillity. With a population of approximately 13,500, Lane Cove is renowned for its family-friendly atmosphere, excellent amenities, and strong community spirit. The suburb boasts a high median household income of $125,000, reflecting its affluent demographic and appeal to professionals and established families. The real estate market in Lane Cove is robust, with a median house price of $2,850,000 and a median unit price of $1,250,000, positioning it among Sydney’s premium residential areas. The suburb’s walkability score of 75/100 highlights its accessibility to local shops, cafes, parks, and public transport, making daily life convenient and enjoyable. Lane Cove is particularly attractive to families, thanks to its outstanding schools (rated 9.0/10) and a strong safety rating (9.0/10), ensuring a secure and nurturing environment for children. From an investment perspective, Lane Cove offers a solid investment score of 78/100 and a growth potential of 75/100, underpinned by low vacancy rates (1.2%) and consistent demand for quality housing. While rental yields for houses are moderate at 2.8%, the suburb’s low vacancy rate signals strong tenant demand and stable rental income. Overall, Lane Cove presents a compelling mix of lifestyle, security, and long-term capital growth, making it an attractive option for both owner-occupiers and investors seeking a premium Sydney address.

Proximity to Sydney CBD (9 km) with excellent transport linksHigh-quality schools with a 9.0/10 ratingStrong safety rating, ideal for familiesAffluent demographic with high median incomeVibrant local amenities and walkability (75/100)

Market Snapshot

Median House

$2.9M

+8.5% 1yr

Median Apartment

$1.3M

+6.8% 1yr

Median Townhouse

$2.1M

Vacancy Rate

1.2%

32 avg DOM

Yield (Apartment)

4.2%

Yield (House)

2.8%

Auction Clearance

78%

Population

13,500

True Cost Breakdown

Based on median prices · 20% deposit · 6.5% interest · 30-year term · Owner-occupier

Apartment

$7,363/mo

Purchase Price

$1,250,000

Stamp Duty

$51,160

1st Year Total

$88,352

House

$16,024/mo

Purchase Price

$2,850,000

Stamp Duty

$139,160

1st Year Total

$192,282

Townhouse

$11,461/mo

Purchase Price

$2,100,000

Stamp Duty

$97,910

1st Year Total

$137,528

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Community Profile

Median Income

$125,000

Median Age

42

Family Households

68%

Owner-Occupied

72%

Walkability

75/100

Public Transport

7/10

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