Longueville

POSTAL CODE: NSW, 2066
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a -15.58% capital gain.

It also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $5,227,500

The augmented property values in the suburb are trailing behind the territorial average of 5.34% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $1700.

Home owners selling their properties and realtors in LONGUEVILLE usually have to wait an average of N/A days before their assets are lifted off the market.

The NSW suburb ranks 1086th on the list of best yielding suburbs for rental properties in NSW, posting a 1.69% return.

It also places places 1280th in Australia based on median property value growth during the quarter.

Surburb overview

Longueville, located approximately 8 kilometres northwest of Sydney's central business district, is a harbourside suburb on the Lower North Shore within the Municipality of Lane Cove. It offers scenic waterfront views on a peninsula between Tambourine Bay and Woodford Bay along the Lane Cove River.

As of the 2021 Census, Longueville had 2,116 residents, with a median age of 46. Eighty-one percent of the population was born in Australia, and 98.8% of private dwellings were separate houses.

Public transportation options include the Longueville Wharf, served by Captain Cook Cruises ferry services, and Busways route 261, which operates to Lane Cove and King Street Wharf.

Longueville's housing landscape is predominantly detached, featuring various architectural styles such as Victorian, Federation, Californian bungalows, weatherboard cottages, and contemporary waterfront residences. As of May 2024, the median property price was $5.41 million, reflecting its status as one of Sydney's most prestigious suburbs.

Longueville offers a tranquil residential environment with convenient access to Sydney's CBD, making it a sought-after location for those seeking a balance between serene living and urban amenities. 

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