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Lane Cove suburb profile

Lane Cove is a leafy harbourside suburb on Sydney’s lower North Shore, centred on a village shopping strip around Burns Bay Road and Longueville Road where cafes, restaurants and small shops cluster. The Lane Cove River and extensive foreshore reserves shape local life, offering walking and cycling paths, picnic spots and easy access to Lane Cove National Park across the water. Housing mixes early 20th century cottages and Federation homes on quiet streets with more recent apartments and terraces nearer the main roads. The suburb appeals to families, professionals and downsizers who value local schools, medical services, parks and regular buses plus convenient road links to the city.

Lane Cove property market performance

Current median dwelling price$1,851,250Past 3 months

Property growth-0.7%Past 12 months

The median house price is $2.76 million, with house values down a modest 2.8% over the last 12 months. The median unit price is $940,000 and unit values rose a slight 1.3% over the last 12 months.

Over the last 3 months 17 houses and 44 units were sold. Houses had a median days on market of 58 over the last 12 months, while units sold in a median of 46 days, so units sold faster than houses.

The rental market in Lane Cove shows average house rents of $1,250 a week, up a modest 4.2% over the last 12 months. Unit rents averaged $750 a week, rising a solid 7.1% over the last 12 months, so unit rents grew faster than house rents.

HousesUnits
Median price
Past 3 months
$2.76M$940K
Change in value
Past 12 months
-2.8%1.3%
Sold
Past 3 months
1744
Median days on market
Past 12 months
5846
Average rent
Past 12 months
$1250$750
Change in rent
Past 12 months
4.2%7.1%

5 year median price trend for houses and units

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Lane Cove demographics

Families make up the core of Lane Cove's household mix. Couple families with children are the largest group at 46.9%, and together with couple families without children (39.4%) they represent 86.3% of reported families. One-parent families account for 12.4% and other families 1.3%.

The suburb is home to 12,363 people, with a median age of 38. The median total household income is $2,539 a week, roughly $132,000 a year.

Homes in Lane Cove are mostly owner-occupied: 27.7% are owned outright and 33.9% are owned with a mortgage, giving 61.6% owner-occupation in total, while renters make up 38.4%.

Suburbs near Lane Cove

Some popular suburbs near Lane Cove include:

  • Lane Cove North: Quiet residential streets and several riverside reserves for walking and recreation.
  • Longueville: Established suburb with waterfront outlooks and mature tree-lined streets.
  • Riverview: Hilly residential area with river vistas and bush reserves.
  • Northwood: Small suburb known for calm streets and popular waterside parks.
  • Artarmon: Mixed residential and light-industrial character on a busy urban corridor.

How does Lane Cove compare to nearby suburbs?

  • Median house prices: Lane Cove’s median house price is 10.2% higher than Lane Cove North’s.
  • Median unit prices: Lane Cove’s median unit price is 10.5% higher than Lane Cove North’s.
  • House price growth: Over the past 12 months, house prices in Lane Cove have grown 9.0% higher than in Longueville.
  • Unit price growth: Over the past 12 months, unit prices in Lane Cove have grown 2.4% higher than in Lane Cove North.
  • Selling speed for houses: Properties in Lane Cove are selling 47.3% faster than in Longueville.
  • Selling speed for units: Properties in nearby Lane Cove North are selling 15.2% faster than in Lane Cove.
  • Investment considerations: In Lane Cove, the rental yield for house is 36.0% higher than the Sydney average, while the rental yield for units is 4.6% lower.
  • House price growth: Over the past 12 months, house prices in Lane Cove have grown 60.9% higher than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Lane Cove have grown 4.6% higher than the average rate of growth for units across Sydney.

Choose the right real estate agents in Lane Cove

In Lane Cove ,111 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 40.2% of all sales in the past year, giving them a strong presence and deep experience in the local market.

Commission rates usually sit between 1.75% and 2.42%. Comparing agents and understanding what’s included in their fee structure can help you find the right mix of service, value, and motivation—without compromising on outcomes.

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