Should I buy in Longueville?
Suburb Report – Longueville, NSW, 2066
Location
Longueville is a suburb on the Lower North Shore of Sydney. It is eight kilometres north-west of Sydney’s CBD and is in the local government area of the Municipality of Lane Cove. Longueville is a small residential suburb on the banks of the Lane Cove River, wedged between Tambourine Bay and Woodford Bay. It is bordered by the suburbs of Northwood, Riverview and Lane Cove and is among the most expensive suburbs in Sydney.
Household Occupancy
The predominant age group in Longueville falls between 10-19 years. In relation to demographics, couples with children make up the largest group of residents, occupying 52% of households. Childless couples make up 26% of the population and single parents 11%. A healthy 54% of residents in Longueville own their homes outright, 35% are purchasers and only 7% are renting. Those who are purchasing their homes would be paying more than $2,000 a month in mortgage repayments. The majority of residents in Longueville are employed in professional occupations, earning salaries of greater than $103k per annum.
Average Prices
Currently, the median sale price of houses in the area is $2,575,000. On average, this price tag will purchase a three to four bedroom, one to two bathroom home with a garage. In comparison, the median sale price of a two to three bedroom, one bathroom unit with car parking facilities is $1,350,000. 3 units and 35 houses were sold in Longueville in 2009.
The Properties
5 Amalfi Place is the ultimate in exclusive, waterfront living. The glamorous, contemporary residence offers resort style living and spectacular water views. The private jetty and boat pen is ideal for a family of boat lovers while the wide alfresco terraces and private swimming pool make for the perfect entertainment setting. The four bedroom, four bathroom residence offers formal and casual living areas with a unique lower level retreat leading to the outdoor terrace. It also boasts a double garage, gourmet kitchen and air conditioning. The residence is located on a quiet cul-de-sac to the local shops, schools and ferry wharves.
If you would like a recent sales history report free of charge, please contact us.
The Neighbourhood
A number of parks and reserves line the streets of Longueville. Aquatic Park is a very popular family destination, with barbecue facilities, picnic tables and playground equipment for children. It is also home to the North Shore Rowing Club, Lane Cove Sailing Skiff Club and Longueville Seas Scouts. Adjacent to Aquatic Park is Longueville Reserve, another waterfront park boasting exquisite water views to the city. Kingsford Smith Oval on the corner of Kenneth and Stuart Streets is a large sporting oval offering a large pavilion, cricket and soccer grounds, five tennis courts and a leash free exercise area for pets. There are a number of schools in the nearby suburbs of Lane Cove and Riverview including the prestigious St. Ignatius College Riverview.
Transport
Longueville Wharf provides access to the very popular ferry services on Lane Cove River Cruises. Three Sydney Buses Services run throughout Longueville, connecting to the Sydney CBD, Lane Cove and Chatswood. It is approximately a 25 minute road trip from Longueville to the Sydney CBD, easily accessible via Victoria Road and the Anzac Bridge or the Warringah Freeway and Sydney Harbour Bridge.
Restaurants, Accommodation, Amenities
Many locals flock to the nearby suburb of Lane Cove where a number a trendy cafes and restaurants line Longueville Road. Crust Gourmet Pizza Bar, La Zucca Italian Restaurant, Sushi Bar and Noodle King Thai Kitchen are among local favourites. The Longueville Hotel is another local hotspot boasting a bistro and four separate bars including Under Bar, which turns into a nightclub after dark. The large outside pergola is a popular spot for functions including birthdays and weddings receptions. The nearest accommodation can be found in Lane Cove. The Punthill North Shore is a contemporary, stylish hotel while the Comfort Inn is a more affordable, three-star option for families.
Want help?
Contact your local Mortgageport team consultant for further information on buying in Longueville and what loan best suits your needs.
