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Longueville suburb profile

Longueville is an affluent suburb located on the Lower North Shore of Sydney, approximately 8km from the CBD. Known for its stunning waterfront views and tranquil atmosphere, Longueville offers a prestigious lifestyle with a strong sense of community. The suburb is characterized by its elegant homes, leafy streets, and proximity to the Lane Cove River, making it a desirable location for families and professionals. With convenient access to local amenities, parks, and reputable schools, Longueville provides a perfect blend of suburban serenity and urban convenience, attracting those seeking a high-quality living environment.

Longueville property market performance

Longueville’s property market has shown unique characteristics over the past 12 months. While there was no change in house and unit values, the median house price remained at zero, with a total of 5 houses sold, but no units. Houses spent a median of 105 days on the market, indicating a slower turnover rate.

The rental market for houses has seen a significant increase, with average rent rising by 42.1% to $2,550 over the last 12 months. The unit rental market remained stagnant as there was no activity reported.

HousesUnits
Median price
Past 3 months
N/AN/A
Change in value
Past 12 months
-11.8%N/A
Sold
Past 3 months
5N/A
Median days on market
Past 12 months
105N/A
Average rent
Past 12 months
$2550N/A
Change in rent
Past 12 months
42.1%N/A

5 year median price trend for houses and units

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Longueville demographics

Longueville, nestled on Sydney's Lower North Shore, is a prestigious suburb known for its leafy streets, stunning waterfront views, and affluent lifestyle. With a population of 2,116, it offers a serene and exclusive environment, making it a desirable location for families and professionals seeking a tranquil yet connected community. The median age of 46 indicates a mature population, with many residents enjoying the suburb's peaceful ambiance and proximity to the city.

The suburb's high median household income of $4,894 per week reflects its affluent status, with a significant proportion of residents being well-established professionals and business owners. Family life is a cornerstone of Longueville, with 58.2% of households being couple families with children, highlighting its appeal to those seeking a family-friendly environment. Additionally, 32.2% of households are couple families without children, indicating a balanced mix of family dynamics.

Property ownership in Longueville is predominantly outright, with 54.2% of homes owned outright, showcasing the suburb's stability and long-term residents. A further 36.4% of properties are owned with a mortgage, while only 9.4% are rented, underscoring the suburb's appeal to homeowners. The limited rental market reflects the exclusivity and desirability of the area, making Longueville a sought-after location for those looking to invest in a prestigious and serene setting.

Longueville infrastructure, key developments and investment opportunities

Longueville remains a tightly held harbourside suburb with strong appeal from its waterfront setting, village atmosphere, and access to nearby parks and recreation areas. Its established character and limited housing supply continue to support buyer demand, particularly among families seeking larger homes close to the city.

The suburb benefits from convenient transport links, including ferry and bus access to the CBD, which helps underpin its livability and long-term desirability. Local schooling options and proximity to Lane Cove’s retail and service hub also add to its attractiveness for owner-occupiers. No major new redevelopments or infrastructure projects were identified in the available results that would materially change the local property outlook at this time.

Longueville rental market trends

The rental market in Longueville has experienced significant growth, with house rents increasing by 42.1% over the past year to $2,550 per week. However, unit rents have remained unchanged, indicating a possible lack of market activity in this segment. The suburb's rising house rental demand highlights its appeal as an affluent residential area with strong growth potential.

Suburbs near Longueville

Some popular suburbs near Longueville include:

How does Longueville compare to nearby suburbs?

  • Median house prices: Longueville’s median house price is 11.9% higher than Riverview’s.
  • House price growth: Over the past 12 months, house prices in Longueville have grown 6.9% higher than in Greenwich.
  • Selling speed for houses: Properties in nearby Lane Cove are selling 48.6% faster than in Longueville.
  • House price growth: Over the past 12 months, house prices in Longueville have grown 159.5% higher than the average rate of growth across Sydney.

Common questions about Longueville

  • Is Longueville a nice place to live?

    Longueville is a charming and peaceful suburb that offers a delightful living experience for those who appreciate a serene environment with a touch of elegance. Its leafy streets and stunning waterfront views create a picturesque setting that is perfect for families and professionals alike. The suburb exudes a tranquil vibe, making it an ideal retreat from the hustle and bustle of city life while still being conveniently close to Sydney's CBD.

    Families will find Longueville particularly appealing due to its strong sense of community and access to reputable schools. The suburb is well-equipped with local amenities, including parks and recreational areas, which provide ample opportunities for outdoor activities and family outings. Safety is generally not a concern here, as the suburb maintains a peaceful and secure atmosphere.

    While Longueville offers a high-quality lifestyle, it does come with certain trade-offs. The exclusivity and desirability of the area mean that property prices are on the higher side, and the limited rental market reflects its appeal to homeowners rather than renters. Additionally, while the suburb is well-connected by ferry and bus services, those seeking a vibrant nightlife or a bustling urban scene might find it lacking in that regard.

    Overall, Longueville is a wonderful place to live for those who value a prestigious and serene environment with easy access to urban conveniences. Its combination of natural beauty, community spirit, and proximity to amenities makes it a highly desirable location for families and professionals seeking a tranquil yet connected lifestyle.

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  • Is it expensive to live in Longueville?

    Living in Longueville can be quite expensive, especially when you consider the rental prices in the area. The average rent for houses is around $2,550 per week, which is significantly higher than what you might find in many other parts of Sydney. This high rental cost reflects the suburb's desirable location and the quality of life it offers, being an inner-Sydney suburb with access to amenities and the city center.

    When you compare this with the average Sydney wage, which is about AUD 100,000 per year, it's clear that a substantial portion of one's income would need to be allocated to housing if you choose to live in Longueville. The median total household income in Longueville is notably higher at $4,894 per week, suggesting that the suburb is home to higher-income earners who can afford the premium prices. If you're thinking of living in Longueville, it's important to consider these financial aspects to ensure it fits within your budget.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Longueville a good place to invest?

    Longueville presents an intriguing investment opportunity, particularly for those interested in rental properties. While the median house and unit values have remained stable over the past year, the rental market tells a different story. House rents have surged by an impressive 42.1%, indicating a strong demand for rental properties in the area. This could be a sign that more people are looking to rent in Longueville, possibly due to its desirable location and lifestyle offerings.

    The stability in property values, combined with the significant increase in house rents, suggests that Longueville is a solid choice for investors seeking reliable rental income. The lack of change in unit rents and values might indicate a more balanced market for units, but the potential for rental growth remains. Overall, Longueville's steady property values and booming rental market make it an appealing option for investors looking to capitalize on rental demand.

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Choose the right real estate agents in Longueville

In Longueville ,8 agents are actively selling property, but a small number do the heavy lifting. Just 5 agents handled 87.0% 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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