Unit 5, 45 UNION STREET Mcmahons Point NSW 2060
This property is Off Market
- 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
Property For Sale Nearby
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
Balmain Wharf, Yeend St
Balmain East Wharf
Milsons Point Wharf
Jefferys Street
Beulah Street Wharf
Birchgrove
Milsons Point
McMahons Point Wharf
Waverton
General Points of Interest
Skyview Shopping Plaza
The Village - Balgowlah Stockland
Gunyama Park Aquatic and Recreation Centre
Pelican
Wombat
Fanny Durack Aquatic Centre
Camperdown Fitness
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
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsNth Sydney PS Cammeraygal HS
-
North Sydney Public School
Waverton, NSW, 2060 State K-6 -
Marist Catholic College North Shore
North Sydney, NSW, 2060 Independent 7-12 -
Cammeraygal High School
Crows Nest, NSW, 2065 State 7-12 -
North Sydney Boys High School
Crows Nest, NSW, 2065 State 7-12 -
North Sydney Girls High School
Crows Nest, NSW, 2065 State 7-12 -
Wenona School
North Sydney, NSW, 2060 Independent K-12 -
St Aloysius' College
Kirribilli, NSW, 2061 Independent 3-12 -
SHORE - Sydney Church of England Grammar School
North Sydney, NSW, 2060 Independent K-12 -
Monte Sant' Angelo Mercy College
North Sydney, NSW, 2060 Independent 7-12
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
To see the latest development applications
Join usAlready have an account? Sign in
-
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.
Report this property
The new way of conveyancing from Australia’s leading conveyancer - Smart, simple and secure
