SOLD
Sold on 15 Oct 2024 for $6,582,898

313 Pacific Highway
North Sydney NSW 2060

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 436m2
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Property Details for 313 Pacific Hwy, North Sydney

Building Type
Land
Land Size
436m2
Local Government
North Sydney
Lot/Plan
12/DP137004

Last Listing description (April 2023)

313 Pacific Highway, North Sydney presents an extremely rare opportunity to acquire North Sydney's only DA approved co-living development site.

Positioned moments from the North Sydney CBD, the site is set to capitalise on the abundance of economic and tenant demand drivers in the immediate location.


Rare DA approval for 31 studio apartments, ground floor commercial/retail premises and common facilities
Highly appealing architecture with the occupier at the forefront of design
Construction efficiencies with a partial basement with no parking requirement
750m* to North Sydney's thriving CBD & 550m* to the new Victoria Cross Metro Rail Station entrance
Leverage occupier demand from the nearby health and education sectors including the Australian Catholic University's largest campus and the Lower North Shore's renowned Mater Hospital
On completion JLL forecast a conservative annual net income of $927,650*

Property History for 313 Pacific Hwy, North Sydney, NSW 2060

A timeline of how this property has performed in the market
Last Sold
$6,582,898
15 Oct 2024
  • 15 Oct 2024
    Sold for $6,582,898
  • 11 Apr 2022
    Listed for Sale Contact the exclusive agents
  • 02 Nov 2020
    Sold for $5,100,000
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About North Sydney 2060

The size of North Sydney is approximately 1.5 square kilometres. It has 21 parks covering nearly 7.7% of total area. The population of North Sydney in 2011 was 6,257 people. By 2016 the population was 7,707 showing a population growth of 23.2% in the area during that time. The predominant age group in North Sydney is 30-39 years. Households in North Sydney are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in North Sydney work in a professional occupation. In 2011, 38.3% of the homes in North Sydney were owner-occupied compared with 37.8% in 2016.

North Sydney has 7,743 properties. Over the last 5 years, Houses in North Sydney have seen a 4.97% increase in median value, while Units have seen a 14.57% increase. As at 30 November 2024:

  • The median value for Houses in North Sydney is $2,728,178 while the median value for Units is $1,263,126.
  • Houses have a median rent of $850 while Units have a median rent of $750.
There are currently 36 properties listed for sale, and 74 properties listed for rent in North sydney on OnTheHouse. According to CoreLogic's data, 325 properties were sold in the past 12 months in North sydney.

Suburb Insights for North Sydney 2060

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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.