FOR SALE
EXPRESSIONS OF INTEREST

462 Willoughby Road
Willoughby NSW 2068

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1682m2
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DA Imminent Residential Development Site on the Lower North Shore

Ray White Commercial Asian Investment Services and PLUS Agency are pleased to present 462 Willoughby Road, Willoughby (the Site) for sale via Expressions of Interest.
This DA imminent residential development site offers prospective purchasers the opportunity to develop a boutique
apartment project in the highly sought-after Lower North Shore suburb of Willoughby.
Key highlights of the property are outlined below:
• One Traffic Light from Sydney CBD;
• DA Imminent for 19 oversized boutique apartments;
• Site Area of 1,682sqm*;
• Proposed GFA of 2,181.8sqm*;
• Over 60% three bedroom apartments (STCA);
• Right of Carriageway registered;
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Property Details for 462 Willoughby Rd, Willoughby

Building Type
Commercial
Land Size
1682m2

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About Willoughby 2068

The size of Willoughby is approximately 1.6 square kilometres. It has 11 parks covering nearly 5.8% of total area. The population of Willoughby in 2011 was 5,920 people. By 2016 the population was 6,504 showing a population growth of 9.9% in the area during that time. The predominant age group in Willoughby is 40-49 years. Households in Willoughby are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Willoughby work in a professional occupation. In 2011, 70.4% of the homes in Willoughby were owner-occupied compared with 70.1% in 2016.

Willoughby has 3,633 properties. Over the last 5 years, Houses in Willoughby have seen a 52.59% increase in median value, while Units have seen a 16.43% increase. As at 30 September 2024:

  • The median value for Houses in Willoughby is $3,527,342 while the median value for Units is $1,028,406.
  • Houses have a median rent of $1,250 while Units have a median rent of $700.
There are currently 23 properties listed for sale, and 12 properties listed for rent in Willoughby on OnTheHouse. According to CoreLogic's data, 209 properties were sold in the past 12 months in Willoughby.

Suburb Insights for Willoughby 2068

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Danny Shi
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Tao Shi
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RWC Western Sydney
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.