SOLD
Sold on 27 Feb 2024 for $640,000

5/402 Mowbray Road W
Lane Cove North NSW 2066

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 1024m2
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Property Details for 5/402 Mowbray Rd W, Lane Cove North

5/402 Mowbray Rd W, Lane Cove North is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1964. The property has a land size of 1024m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 1 bedroom Unit sold in Lane Cove North in the last 12 months.

Building Type
Unit
Year Built
1964
Floor Size
57m2
Land Size
1024m2
Local Government
Lane Cove
Lot/Plan
16/SP786

Last Listing description (August 2023)

This apartment offers spacious and convenient living, positioned at the rear of the block with a northerly aspect this is an exceptional investment or first home opportunity. This apartment has been recently renovated throughout with limewashed floorboards and has a fresh light and airy feel. It makes a great low maintenance home with solid growth and rental potential and the opportunity to value add and capitalise on its prime location. With city buses at the front door and within walking distance to Chatswood Westfield, trains, Lane Cove village cafes and neighbouring parklands.

- Open plan design with definable living and dining spaces
- Updated stylish kitchen with stainless steel appliances

- Sunny northerly aspect with a pleasant leafy outlook
- Quiet and bright double bedroom with large built-in robe
- Full bathroom & internal laundry
- Single undercover car space, intercom security access
- Close proximity to quality schools, shops and transport options

Property History for 5/402 Mowbray Rd W, Lane Cove North, NSW 2066

A timeline of how this property has performed in the market
Last Sold
$640,000
27 Feb 2024
Listed for Rent
$550/w
12 Apr 2024
  • 27 Feb 2024
    Sold for $640,000
  • 22 Mar 2023
    Listed for Sale Off-Market Opportunity - Contact Agent
  • 15 Jul 2020
    Listed for Rent - Price not available
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About Lane Cove North 2066

The size of Lane Cove North is approximately 2.3 square kilometres. It has 19 parks covering nearly 21.5% of total area. The population of Lane Cove North in 2011 was 9,337 people. By 2016 the population was 11,438 showing a population growth of 22.5% in the area during that time. The predominant age group in Lane Cove North is 30-39 years. Households in Lane Cove North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lane Cove North work in a professional occupation. In 2011, 57.8% of the homes in Lane Cove North were owner-occupied compared with 53.6% in 2016.

Lane Cove North has 6,552 properties. Over the last 5 years, Houses in Lane Cove North have seen a 57.75% increase in median value, while Units have seen a 22.31% increase. As at 31 July 2024:

  • The median value for Houses in Lane Cove North is $2,723,169 while the median value for Units is $862,861.
  • Houses have a median rent of $1,000 while Units have a median rent of $650.
There are currently 13 properties listed for sale, and 15 properties listed for rent in Lane cove north on OnTheHouse. According to CoreLogic's data, 361 properties were sold in the past 12 months in Lane cove north.

Suburb Insights for Lane Cove North 2066

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Contact agent
Alex Banning
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Lazar Pasuljevic
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Raine & Horne Lane Cove
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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.