All About Longueville, Lane Cove , NSW 2066

Longueville Real Estate Market Outlook

Thinking about buying in Longueville? Now could not be a better time, with 825 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $10,518,000 with prices in this suburb ranging from $2,396,000 to $787,520,000. Longueville is located fairly close to the coast at just 3Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Longueville driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Longueville 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 Longueville 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. High density population in Longueville requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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.

Instant Property Valuation

Longueville, located in the Lane Cove area of New South Wales, offers a prestigious and serene residential environment, known for its lush green surroundings and stunning waterfront views. The housing market here is characterized by its high demand and competitive prices, largely due to its desirable location and the limited availability of properties. Most of the homes are expansive, elegant, and typically feature contemporary architectural designs or charming heritage styles. While the median property prices in Longueville are significantly higher than in many other Sydney suburbs, homeowners are drawn to the area's exclusivity, quiet streets, and the promise of a high-quality lifestyle. The community here enjoys access to excellent local amenities, including top-tier schools, parks, and recreational facilities, making it a sought-after area for families and professionals alike.

Living in Longueville offers a blend of tranquility and connectivity, making it an ideal spot for those who appreciate the balance of suburban peace with proximity to urban conveniences. While the suburb itself is quiet and leafy, residents are just a short commute away from Sydney’s bustling CBD, offering easy access to the city's business, culinary, and cultural offerings. The community vibe in Longueville is welcoming and close-knit, with regular local events and gatherings fostering a strong sense of belonging among residents. Outdoor enthusiasts will appreciate the abundance of green spaces and the opportunity for water-based activities along the Sydney Harbour. Overall, Longueville offers a high standard of living with its beautiful natural landscapes, exceptional public services, and a peaceful community atmosphere.

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