28B Johnston Cres, Lane Cove North NSW 2066
28B Johnston Cres, Lane Cove North NSW 2066
House on large block | Quiet bushland street | Owner-occupied pocket | Older dwelling | Renovation upside
Set within a quiet, house-dominated street, this property is regarded as a land-content holding in a bushland-adjacent pocket. The street is known for substantial allotments and a tightly held owner-occupier market, which tends to support long-term value growth. For buyers seeking a family home with scope for renovation or extension, the combination of residential zoning, no detected overlay constraints, and a leafy outlook makes this a notably well-placed proposition. The property’s strongest appeal is its likely combination of size and privacy, with a configuration that suits those wanting to shape a dwelling to their own needs rather than accepting an off-the-shelf finish.
What may materially affect value is the exact land size and orientation, along with the condition of the existing dwelling. A north aspect or reserve outlook could add a measurable premium, whereas a higher-maintenance older structure might require budget for updating. The degree of renovation or rebuild potential, subject to council requirements, is also likely to influence how the market prices this property. These factors should be weighed when forming a view on price, as they can shift the final result noticeably.
Detailed Independent Property Report prepared by PropCred Analyst team for 28B Johnston Cres, Lane Cove North NSW 2066
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
1
URL has been copied successfully!
Market Insight
Lane Cove North, in Sydney’s Lower North Shore, is tightly held: 72 house sales in the past year and one listing last month. Professionals and families dominate demand, evidenced by the 30-39 age cohort and high incomes, with first-home buyers and downsizers drawn to the 82.6% strata stock. House prices are flat at $2.56 million (0.8% growth), while units fell 1.8% to $899,000; house rents rose 4.5% to $1,150 weekly. Growth prospects rest on fair value near long-term trend and a 24-year CAGR of 2.9%, but risks include $4,000+ monthly mortgage repayments and rate sensitivity, with alternate data showing sharper declines. Nineteen parks cover a fifth of the area.
URL has been copied successfully!
PropCred Estimated Value
Comparable Sales: 65 Johnston Cres at $2.26M, 27A Johnston Cres at $3.78M | Property Price Band: $2.0M–$2.3M | Value Drivers: land size, outlook, condition
Bedrooms
3
Bathroom
2
Parking
2
Land
URL has been copied successfully!