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Unit 62,
2-4 EAST CRESCENT STREET Mcmahons Point NSW 2060

This property is Off Market

All about Mcmahons Point Homes for sale in Mcmahons Point


  • Last sold 5/3/2024 for $1,040,000. 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 1.17 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Recently Sold Properties in this Area

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About North Sydney - Lavender Bay

With an average age of 41, households expect an average monthly mortgage payment of $2,050 or a weekly rent payment of $520. The average family earns a weekly income of $4,062 with a typical household size of 1.8 and a 96.07% 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

General Points of Interest


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 Catchments
    Nth Sydney PS Cammeraygal HS
  • North Sydney Public School

    Waverton, NSW, 2060 State K-6

  • St Aloysius' College

    Kirribilli, NSW, 2061 Independent 3-12

  • Loreto Kirribilli

    Kirribilli, NSW, 2061 Independent K-12

  • SHORE - Sydney Church of England Grammar School

    North Sydney, NSW, 2060 Independent K-12

  • Nicholson Street Public School

    Balmain East, NSW, 2041 State K-6

  • Wenona School

    North Sydney, NSW, 2060 Independent K-12

  • Fort Street Public School

    Sydney, NSW, 2000 State K-6

  • Monte Sant' Angelo Mercy College

    North Sydney, NSW, 2060 Independent 7-12

  • Observatory Hill Environmental Education Centre

    The Rocks, NSW, 2000 State


Property Story

Unit 62, 2-4 East Crescent Street, Mcmahons Point, Nsw, 2060 is a residential property . The estimated distance to the sea is only 1.17km and at least 1.65KM 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

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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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