SOLD
Sold on 16 Feb 2024 for $727,000

7A/40 Cope Street
Lane Cove NSW 2066

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 62m2
Land area: 1075m2
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Property Details for 7a/40 Cope St, Lane Cove

7a/40 Cope St, Lane Cove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1962. The property has a land size of 1075m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Lane Cove in the last 12 months.

Building Type
Unit
Year Built
1962
Floor Size
62m2
Land Size
1075m2
Local Government
Lane Cove
Lot/Plan
7/SP101

Last Listing description (February 2024)

Beautifully renovated and set in the tranquil 'Raffles Plaza" complex, this spacious two bedroom apartment offers relaxed and peaceful living.

* Bright, airy and spacious open plan living area opening onto a covered alfresco verandah and leafy outlook over a manicured garden
* Bespoke designed renovated kitchen with state-of-the-art appliances and gas cooking

* Floor to ceiling mirrored built in robe in main bedroom
* Renovated bathroom
* Laundry with washer/dryer combo
* Security building with intercom
* Car space

Convenient living offering express bus to the city and Figtree Village Shops. Moments to Burns Bay Reserve, Blackman Park and Lane Cove Aquatic Centre.

Rates
Water $210 per quarter
Council $350 per quarter
Strata $1100 per quarter

Property History for 7a/40 Cope St, Lane Cove, NSW 2066

A timeline of how this property has performed in the market
Last Sold
$727,000
16 Feb 2024
Listed for Rent
$470/w
12 May 2021
  • 16 Feb 2024
    Sold for $727,000
  • 08 Feb 2024
    Listed for Sale Not Disclosed
  • 26 Apr 2021
    Listed for Rent $470 / week
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About Lane Cove 2066

The size of Lane Cove is approximately 2.6 square kilometres. It has 16 parks covering nearly 14.6% of total area. The population of Lane Cove in 2011 was 9,473 people. By 2016 the population was 10,824 showing a population growth of 14.3% in the area during that time. The predominant age group in Lane Cove is 30-39 years. Households in Lane Cove are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Lane Cove work in a professional occupation. In 2011, 65.5% of the homes in Lane Cove were owner-occupied compared with 60.5% in 2016.

Lane Cove has 7,272 properties. Over the last 5 years, Houses in Lane Cove have seen a 58.45% increase in median value, while Units have seen a 23.19% increase. As at 31 August 2024:

  • The median value for Houses in Lane Cove is $3,020,456 while the median value for Units is $950,659.
  • Houses have a median rent of $1,050 while Units have a median rent of $695.
There are currently 49 properties listed for sale, and 51 properties listed for rent in Lane cove on OnTheHouse. According to CoreLogic's data, 330 properties were sold in the past 12 months in Lane cove.

Suburb Insights for Lane Cove 2066

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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.