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Unit 5,
45 UNION STREET Mcmahons Point NSW 2060

This property is Off Market

All about Mcmahons Point Homes for sale in Mcmahons Point

Last sold 8/2/2024 for $2,275,000. The Average property price in this area is $26,252,274, this is based on recent transactions.
Internet speed Download 1000 Mbps / Upload 400 Mbps
Distance to the coast 1.32 km
Potential bushfire risk 0 / 10
Report as to subsidence
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

The Agency 50 DUMBARTON ST, Contact Agent 4 Beds - 3 Baths - Parking Within 0.0 km Ray White 95 UNION ST, 10000000 4 Beds - 3 Baths - 2 Parking Within 0.2 km Century 21 UNIT 18, 18-22 WEST CRESCENT ST, P.O.A. 3 Beds - 2 Baths - 2 Parking Within 0.6 km Belle Property UNIT 32, 2A HENRY LAWSON AV, Belle Property Private 2 Beds - 1 Baths - 1 Parking Within 0.8 km

Recently Sold Properties in this Area

10/24/2024 39 BLUES POINT RD $7,950,000
10/23/2024 81 UNION ST $8,900,000
10/21/2024 21 EAST CRESCENT ST $1,513,000
10/17/2024 18 MUNRO ST $6,525,000
10/15/2024 14 BLUES POINT RD $1,850,000

About North Sydney - Lavender Bay

With an average age of 48, households expect an average monthly mortgage payment of $4,500 or a weekly rent payment of $664. The average family earns a weekly income of $3,874 with a typical household size of 2.1 and a 94.36% employment rate.

Consistent high demand relative to supply is a key feature in Mcmahons Point driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mcmahons Point ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Mcmahons Point classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Mcmahons Point necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Public Transport

North Sydney ship

Balmain Wharf, Yeend St ship

Balmain East Wharf ship

Milsons Point Wharf ship

Jefferys Street ship

Beulah Street Wharf ship

Birchgrove train

Milsons Point ship

McMahons Point Wharf train

Waverton

General Points of Interest

Skyview Shopping Plaza

The Village - Balgowlah Stockland sport

Gunyama Park Aquatic and Recreation Centre

Pelican

Wombat

Fanny Durack Aquatic Centre sport

Camperdown Fitness monument

War Memorial

Woolstores Alexandria Monument

Crone Architects

Population

(Country of Birth not stated 3%)

Are people healthy?

There are a recorded 1029 asthma sufferers and 383 people living with diabetes. In addition, 391 people have a heart/vascular condition and 600 people live with three or more chronic diseases.

A good place to invest in property?

North Sydney - Lavender Bay a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

New South Wales State average 59 / 100

Income

69 / 100

31 / 100

Industry

41 / 100

22 / 100

Population

27 / 100

19 / 100

House Prices

95 / 100

60 / 100

Jobs

48 / 100

29 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Cammeraygal HS Nth Sydney PS
SHORE - Sydney Church of England Grammar School
North Sydney, NSW, 2060 Independent K-12
Cammeraygal High School
Crows Nest, NSW, 2065 State 7-12
Wenona School
North Sydney, NSW, 2060 Independent K-12
Monte Sant' Angelo Mercy College
North Sydney, NSW, 2060 Independent 7-12
St Aloysius' College
Kirribilli, NSW, 2061 Independent 3-12
North Sydney Public School
Waverton, NSW, 2060 State K-6

Property Story

Unit 5, 45 Union Street, Mcmahons Point, Nsw, 2060 is a residential property with 2 bedrooms, 1 bathrooms and 0 Parking spaces. The estimated value of this home is $1,780,000 while properties of this type typically sell for between $1,300,000 and $3,380,000 in this suburb. The estimated distance to the sea is only 1.32km and 0.95KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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