This is a concept website. Dotto is not a real estate agent. We don’t buy, sell, rent or manage property. · Enquire about this domain

Lane Cove West Real Estate

Lane Cove West real estate

The median mortgage repayment in Lane Cove West was $3,769 a month at the 2021 Census, above the $2,167 recorded across NSW.

  • House 54
  • Townhouse or terrace 10
  • Flat or apartment 36
  • Owned outright 26
  • Mortgaged 29
  • Rented 44
  • Other or not stated 1
Homes in Lane Cove West as a street of 100, from the census count of households by kind of home and tenure. Other or not stated also takes up the rounding.
Median rent$570 a weekNSW $420
Median mortgage repayment$3,769 a monthNSW $2,167
Median household income$2,966 a weekNSW $1,829

More apartments, fewer empty dwellings

Flats and apartments make up 36% of occupied homes in Lane Cove West, above 22% across NSW, while separate houses account for 54%, below the state's 66%. Townhouses, terraces and semi-detached houses come to 10%, below 12% statewide. The shares suggest a suburb where apartment buildings are a larger part of local living than across NSW, alongside a share of separate houses that remains below the state.

At the 2021 Census, 5% of private dwellings in Lane Cove West were unoccupied on Census night, below 9% across NSW. Homes with two bedrooms or fewer reach 39%, above the state's 30%. Three-bedroom homes are 29%, below 35% across NSW, and homes with four or more bedrooms are 32%, below the NSW figure of 34%.

New South Wales, the same way: 66 houses, 22 flats, 33 rented. Other or not stated also takes up the rounding.

Higher incomes, and a larger share renting

Median household income in Lane Cove West is $2,966 a week, above $1,829 across NSW, and median rent is $570 a week, above the state's $420. The median mortgage repayment of $3,769 a month is above $2,167 statewide. Worked out on this page from the two medians, rent equals 19% of the median weekly household income here, below the 23% found across NSW.

In Lane Cove West, 44% of households rent, above 33% across NSW. Among renting households, 65% rent from a landlord the ABS records as a real estate agent, below 69% statewide. Ownership shares sit below the state on both counts: 29% of households are paying off a mortgage, against 33% across NSW, and 26% own their home outright, against 32%.

Larger households and a younger median age

At the 2021 Census, 3,146 people lived in the suburb of Lane Cove West. The average household holds 2.7 people, above 2.6 across NSW, which suggests more people sharing each home than across the state. The median age is 37 years, below the NSW median of 39, pointing to younger residents at the midpoint than the state as a whole.

On one measure Lane Cove West matches the state. A single 2021 Census question asked where each person lived in 2016, and 54% of people aged five and over in Lane Cove West lived at the same address five years earlier. The share across NSW is also 54%, so on this measure the suburb is the same as the state.