Lower North Shore
Lower North Shore
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Artarmon
The eastern section of this suburb is the most
highly prized, with grand bungalows and
wide leafy streets. It’s quite lovely and rather
Chatswood-esque, and has been listed by the
National Trust. The other side of the suburb is
a different story – a mass of unit blocks and
townhouses close to the station and shops.
Any Mirvac-built apartment complex or three-
bedroom townhouse is sought after by owner-
occupiers, who like the convenient North Shore
position without the monstrous price tag of
surrounding areas.
What it costs to buy Median house price: $900 000
Median apartment price: $471 500
Average annual growth, houses: 2.7%
Average annual growth, apartments: 5%
What it costs to rentAverage house rent: $630 per week
Average apartment rent: $390 per week
Distance to city 6.8 kilometres
Borders Chatswood, Chatswood West, Lane
Cove
Transport Bus, train
Parks Artarmon Park, Artarmon Reserve,
Cleland Park, Parkes Road Reserve,
Thompson Park
Schools Artarmon Infants, Artarmon Public
And . . . This area is ‘TV central’, with the
transmission tower for the Seven, Nine and
Ten networks, as well as the SBS studios,
based here.
Cammeray
This small spot has everything a good North
Shore suburb needs – plenty of parkland,
waterfronts and a strip of shops and restaurants.
If you venture off the main roads into the
bushy backstreets, it’s hard to believe you
are less than six kilometres from the central
business district. The freestanding bungalows
are the most sought after, but the block sizes
are relatively small for this area at around
450 square metres. Older-style apartments
with room to move abound between Miller
Street and busy Falcon Street, and most are
on tree-lined streets. Plenty of new apartment
complexes crept into the area in the 1970s and
1980s, and they are popular with renters who
want a quick drive into the city.
What it costs to buy Median house price: $941 500
Median apartment price: $500 000
Average annual growth, houses: 7.6%
Average annual growth, apartments: 4.3%
What it costs to rentAverage house rent: $675 per week
Average apartment rent: $400 per week
Distance to city 5.2 kilometres
Borders Cremorne, Neutral Bay, North Sydney
Transport Bus
Parks Anzac Park, Fred Hutley Reserve, Green
Park, Mortlock Reserve, Tunks Park
Schools Cammeray Public
And . . . Cammeray was named after its
Aboriginal inhabitants, the Cammeraygal.
Lower North ShoreWith the highest median house price in Sydney – $1 147 000 – the lower
North Shore is undeniably a haven for the city’s wealthy. Most of them, of
course, live in the huge harbourside hub of Mosman, with its dazzling display
of grand homes, many with sensational views. One such example is in Shell-
bank Parade, right on Mosman’s border with Cremorne (pictured). The new
four-bedroom, four-bathroom waterfront home with Middle Harbour views
sold for $9.55 million in April 2007 through LJ Hooker Mosman. There are
also many beautiful homes in the Middle Harbour suburbs of Northbridge,
Castlecrag and Castle Cove. The region takes in Sydney’s second main busi-
ness district – North Sydney – and stretches along the Parramatta River to
other highly desirable spots such as Hunters Hill.
House prices across the region have grown an average 7.3 per cent per year
over 10 years. The median apartment price for the region is a much more
affordable $482 500, with average annual growth 5.1 per cent. The average
weekly rent is $790 for houses and $450 for apartments. Australian Prop-
erty Monitors general manager Michael McNamara points out that if you own
property on the lower North Shore – particularly in Mosman and along the
harbourfront – you are most likely to be a wealthy baby boomer. ‘Local prop-
erty markets have been booming in recent times with auction clearance rates
regularly over 75 per cent, putting these markets even further out of reach
for most Sydneysiders,’ he says. ‘Expect strong markets to persist.’
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Chatswood
In the 1890s this was a quiet little township
known for its handsome villas, cultivated
gardens and wide streets. It has now morphed
into a North Shore power suburb, becoming
a major shopping, office and transport hub.
Apartment blocks have sprouted, with a mix
of modern high-rises and older-style low-rises
dotting the streets. Many of the grand old late-
Victorian and Federation homes have been
knocked down to make way for flats, but any
intact period home on a large block of land
fetches a high price, especially on the leafy
northern streets close to Ashley Street.
What it costs to buy Median house price: $924 000
Median apartment price: $488 000
Average annual growth, houses: 4.3%
Average annual growth, apartments: 3.78%
What it costs to rentAverage house rent: $650 per week
Average apartment rent: $480 per week
Distance to city 8.5 kilometres
Borders Artarmon, Chatswood West, Lane
Cove North
Transport Bus, train
Parks Bales Park, Beauchamp Park, Campbell
Park, Chatswood Park, Currey Park,
Ferndale Park, Fullers Road Reserve,
Hotham Street Reserve, Mashman Park,
Muston Park, Sutherland Reserve, Warrane
Reserve, Western Park, Whitton Park
Schools Chatswood High, Chatswood Public,
Mercy Catholic College, Our Lady of Dolours
Catholic Primary, St Pius X College
And . . . There’s a strong Chinese community
here, which means it’s not hard to buy
a great meal for under $15 in the many
restaurants.
Chatswood West
On the western side of the Pacific Highway,
this suburb is a hidden gem, with renovated
houses backing on to bushland selling for
under $900 000 – a relative bargain this close
to the city and Chatswood. It doesn’t have a lot
of shops or facilities, and there can be traffic
snarls waiting to cross the Pacific Highway
to get into the city, but Chatswood West has
a lot going for it. It’s a family-friendly area,
attracting professional couples and their kids
moving in from the inner west or eastern
suburbs seeking space and birdsong.
What it costs to buy Median house price: $867 500
Median apartment price: $447 500
Average annual growth, houses: 5%
Average annual growth, apartments: 3.56%
What it costs to rentAverage house rent: $620 per week
Average apartment rent: $395 per week
Distance to city 8.7 kilometres
Borders Artarmon, Chatswood, North Ryde
Transport Bus
Parks Fullers Park, Kobada Park, Lowanna
Park, OH Reid Memorial Park
Schools None
And . . . The spectacular walking paths
through the bushland are another bonus.
Castle Cove
High on a hill overlooking Middle Harbour and
surrounded by reserves is this isolated nook
of a suburb. Like Middle Cove and Castlecrag,
it has a uniquely quiet and tranquil waterside
position and its steep streets mean that housing
development has been kept to a minimum. First
subdivided in the early 1960s, the far western
section didn’t open up until the 1970s. A few
large estates dot the area, mainly on Neerim
Street, where the record price is just over
$9 million, for a house with 2400 square
metres of internal space. The suburb has its
own shops, nine-hole golf course and school.
What it costs to buy Median house price: $1 200 000
Median apartment price: SNR
Average annual growth, houses: 6.1%
Average annual growth, apartments: SNR
What it costs to rentAverage house rent: $992 per week
Average apartment rent: $950 per week
Distance to city 9.2 kilometres
Borders Chatswood, Roseville, Roseville Chase
Transport Bus
Parks Castle Cove Park, Explosives Reserve,
HC Press Park, HD Robb Reserve, North
Arm Reserve
Schools Castle Cove Public School
And . . . There really is a castle – Innisfallen, a
private residence.
Castlecrag
This suburb is heaven for architects, aesthetes
and the artistic. The rocky, bushy crag of
harbourfront was considered way out in the
sticks back when Walter Burley Griffin and
his wife Marion Mahony Griffin first built
their humble – but much lauded – homes
in the 1920s, creating a unique Australian
architecture. These days, there are some true
architectural masterpieces nestled in the tree-
softened hills, including striking modernist
homes by Hugh Buhrich and restrained palatial
homes by Alex Popov. None of the houses
come cheap, though. The area attracts double-
income professionals and business people
making their way up the corporate ladder.
What it costs to buy Median house price: $1 750 000
Median apartment price: $784 000
Average annual growth, houses: 8.2%
Average annual growth, apartments: SNR
What it costs to rentAverage house rent: $1000 per week
Average apartment rent: $330 per week
Distance to city 7.6 kilometres
Borders Northbridge; Willoughby; Willoughby
East
Transport Bus
Parks Casement Reserve, Castle Haven
Reserve, Corteille Reserve, Edinburgh
Road Reserve, Embrasure Reserve, Linden
Reserve, Sailors Bay Park, Tower Reserve,
Turrett Reserve
Schools Castlecrag Infants Campus, Glenaeon
Rudolf Steiner Limited
And . . . The suburb was named after a rocky
crag overlooking Middle Harbour, locally
known as Edinburgh Castle.
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Crows Nest
Like the crow’s nest of a ship, which enabled
sailors to see all around them, this area is a high
geographic point from which colonial founders
could survey the harbour and the North Shore.
These days, Crows Nest is known more for
its view of the freeway than the water, but it
has a pleasant mix of Victorian and Federation
houses, with a growing number of apartment
buildings. The real attraction of the suburb is
its thriving commercial strip, which has some of
the North Shore’s best cheap restaurants. Old
workers’ terraces have been renovated to eke
out every inch of space and maximise returns.
The nearest train station is St Leonards.
What it costs to buy Median house price: $860 000
Median apartment price: $397 750
Average annual growth, houses: 8.3%
Average annual growth, apartments: 4.5%
What it costs to rentAverage house rent: $580 per week
Average apartment rent: $420 per week
Distance to city 4.8 kilometres
Borders Cammeray, North Sydney,
Wollstonecraft
Transport Bus, train
Parks St Thomas Rest Park
Schools North Sydney Girls High School
And . . . For a bargain, look for unrenovated
houses and particularly those that back on
to busy roads.
East Ryde
Sitting prettily in the bushy slopes overlooking
the Lane Cove River is East Ryde, a patch of
suburbia that people who are priced out of the
skyrocketing Lane Cove market like to buy
into. Houses on the high side of the street
with relatively level blocks of land are the
most sought after. While it’s more affordable
than its North Shore neighbours, properties on
streets such as Birch and Jeanette are fetching
upwards of $1 million. An unrenovated 1960s
or 1970s house can still be picked up for around
$700 000. It’s close to the North Ryde business
park, Macquarie University and Macquarie
Centre shops.
What it costs to buy Median house price: $752 000
Median apartment price: $344 000
Average annual growth, houses: 7.1%
Average annual growth, apartments: SNR
What it costs to rentAverage house rent: $495 per week
Average apartment rent: $450 per week
Distance to city 9.4 kilometres
Borders Lane Cove West, North Ryde, Ryde
Transport Bus
Parks Portius Park, Pryor Park, Brereton Park,
Lane Cove National Park, Kitty’s Creek
Reserve
Schools None
And . . . During the late 1950s, East Ryde was
used as the council rubbish dump.
Cremorne
This is a suburb divided, with a middle harbour
side, a main harbour side and the busy junction
in the centre. The middle harbour area to the
north of Military Road has the best homes, with
freestanding Federation houses surrounded by
high walls and renovated to maximise views
and the mortgage outlay. The streets leading
from Cremorne Point to the junction – Murdoch,
Boyle, Spofforth and Bannerman – were
named in honour of Australian cricketers and
are now dotted with older-style apartment
developments. Apartments are the most
affordable entry point to this suburb, and
the grander, pre-1950s blocks are the most
desired.
What it costs to buy Median house price: $1 230 000
Median apartment price: $550 500
Average annual growth, houses: 6.2%
Average annual growth, apartments: 5.02%
What it costs to rentAverage house rent: $750 per week
Average apartment rent: $490 per week
Distance to city 4.9 kilometres
Borders Cammeray, Mosman, Neutral Bay
Transport Bus, ferry
Parks Brightmore Reserve, Grasmere Reserve,
Primrose Park, Prior Avenue Reserve,
Weaver Park
Schools SCEGGS Redlands
And . . . Cremorne is home to a beautiful Art
Deco cinema, the Hayden Orpheum Picture
Palace.
Cremorne Point
Is this suburb the jewel of the lower North
Shore? The glistening harbour has fantastic
waterside walks which take you past grand
old houses and apartment blocks that seemed
to have snared the best possie in town. It is
a little like Point Piper, with its point jutting
out far enough into the harbour to take in
wonderful vantage points and vistas. It’s no
wonder the waterfronts here fetch such grand
prices – when and if the tightly held mansions
come on the market. All of the streets are
lovely, but the areas closest to the tip of the
point – which snare the most panoramic
views – are especially prized.
What it costs to buy Median house price: $2 200 000
Median apartment price: $717 500
Average annual growth, houses: 8.3%
Average annual growth, apartments: 7.37%
What it costs to rentAverage house rent: $2300 per week
Average apartment rent: $675 per week
Distance to city 3.4 kilometres
Borders Cremorne, Mosman, Neutral Bay
Transport Bus, ferry
Parks Cremorne Reserve, Sirius Park
Playground
Schools None
And . . . Unlike most of Sydney, this area
was subdivided under the proviso that the
harbourfront remained public property.
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Henley
A small riverside suburb with fewer than 150
homes, Henley is a well-kept secret offering a
handful of waterfront homes with big prices and
distinctive views of the Gladesville Bridge and
city skyline. The east- and north-east-facing
streets fetch the bigger prices, but property
is tightly held here and rarely comes on the
market. There are some pretty Federation
bungalows dotted through the leafy streets,
but a few builders went mad in the 1980s
and 1990s and created a couple of over-built
monstrosities to take advantage of the views.
With excellent access to waterfront parklands
and walking tracks, it’s easy to see why so few
owners let go of their properties.
What it costs to buy Median house price: $1 730 000
Median apartment price: $587 000
Average annual growth, houses: SNR
Average annual growth, apartments: SNR
What it costs to rentAverage house rent: $1100 per week
Average apartment rent: $700 per week
Distance to city 7.3 kilometres
Borders Huntleys Cove, Huntleys Point
Transport Bus, ferry
Parks Gladesville Reserve
Schools None
And . . . Henley originally went by the
unfortunate name of Blandville, after
Dr William Bland, a pardoned convict who
owned land here.
Hunters Hill
The thunderous traffic artery of Burns Bay Road
divides this suburb into two distinct areas – the
‘Joeys’ side, close to the famous St Joseph’s
College, and the more distinctive river side. One
of Sydney’s oldest suburbs, Hunters Hill owes its
beauty to nature – it’s on a peninsula between
the Lane Cove and Parramatta rivers – and the
French Joubert brothers, who helped found
the suburb. The Jouberts engaged Italian
stonemasons to build the beautiful sandstone
villas that dot Hunters Hill, blessing the area
with an exquisite elegance. The western side of
the suburb turns over more property than the
eastern water side, due mainly to the families of
Joeys students who move in and out of the area
as schooling needs dictate.
What it costs to buy Median house price: $1 295 000
Median apartment price: $405 000
Average annual growth, houses: 9.4%
Average annual growth, apartments: 4.41%
What it costs to rentAverage house rent: $775 per week
Average apartment rent: $430 per week
Distance to city 7.3 kilometres
Borders Gladesville, Huntleys Cove, Woolwich
Transport Bus, ferry
Parks Buffalo Creek Reserve, Ferdinand Street
Reserve, Fern Road Reserve, Francis Street
Reserve, Harding Memorial Playground,
Lyndhurst Reserve, Mornington Reserve,
Pulpit Point Reserve, Vinet Street Reserve
Schools St Joseph’s College, Hunters Hill
Primary, Hunters Hill High
And . . . The local Aboriginal name for the area
was Mookaboola, meaning ‘meeting of the
waters’.
Gladesville
This is good ol’ Aussie whitebread suburbia.
Census statistics show 71 per cent of the
population is Australian-born, compared with
the Sydney-wide average of 61 per cent, with
the English, Italians and New Zealanders as
the next most populous overseas-born groups.
This is a suburb divided by Victoria Road, and
the section close to the Parramatta River is
dotted with lovely old houses and leafy streets.
There are plenty of older-style bungalows and
semis still waiting for renovators to wave their
magic wand over them. And if you can’t afford
a house, there’s always an apartment, with
one-bedroom 1960s bunkers selling for less
than $300 000 in some streets.
What it costs to buy Median house price: $790 000
Median apartment price: $340 000
Average annual growth, houses: 6.4%
Average annual growth, apartments: 5.48%
What it costs to rentAverage house rent: $450 per week
Average apartment rent: $280 per week
Distance to city 8.8 kilometres
Borders Hunters Hill, Huntleys Cove, Ryde
Transport Bus, ferry
Parks Bremner Park, Glades Bay Park,
Mallee Reserve, Monash Park, Peel Park,
Westminster Park
Schools Gladesville Public, Our Lady Queen of
Peace Primary
And . . . Gladesville is serviced by a good
selection of shops and restaurants.
Greenwich
Close enough to the city for an easy commute,
far enough away to feel like a holiday destina-
tion – riverside Greenwich is almost perfect. It
has only one blight – the oil refinery terminal
on the eastern shores, which most of the locals
ignore anyway. It has all the right ingredients
for a fantastic suburb, including leafy streets,
waterside position and charming village shops.
The streets down on the point are the most
popular, particularly those on the the waterfront.
Gracious old Italianate terraces often stand
next to modern mansions, most with city and
water views. Apartments in the suburb seem
particularly good value, given the serenity of
the locale.
What it costs to buy Median house price: $1 138 000
Median apartment price: $330 000
Average annual growth, houses: 6.8%
Average annual growth, apartments: 2.75%
What it costs to rentAverage house rent: $775 per week
Average apartment rent: $400 per week
Distance to city 4.9 kilometres
Borders Artarmon, Lane Cove, Wollstonecraft
Transport Bus, ferry
Parks Bayview Park, Foreshore Reserve,
Greendale Park, Greenwich Park, Greenwich
Point Reserve, Henningham Playground,
Holloway Park, Leemon Reserve, Manns
Point Park, Shell Park
Schools Greenwich Infants, Greenwich Public
School
And . . . The council-run Greenwich Baths are
one of Sydney’s best-kept secrets, offering
a private beach which has its own sun-
lounges, kids’ toys and café.
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Kirribilli
Directly opposite Bennelong Point is Kirribilli,
a harbourside suburb dotted with apartment
buildings. Many of these snatch some of the
best views of Sydney’s icons – the bridge and
the white sails of the Opera House – hence the
high property prices. A few old estates are left
in this prized suburb. Although the biggest and
best apartments on the harbourfront are priced
at around $2 million, you can still pick up a
studio or one-bedder with a view of the bridge
for under $500 000. The shops and cafés are
all good, and it’s a quick walk to Milsons Point
train station or taxi ranks for those who don’t
have a car. The ferry that pulls in at the wharf
on Holbrook Avenue is still the best way to get
to the city.
What it costs to buy Median house price: $1 251 000
Median apartment price: $608 000
Average annual growth, houses: 4.1%
Average annual growth, apartments: 4.49%
What it costs to rentAverage house rent: $1400 per week
Average apartment rent: $575 per week
Distance to city 2.4 kilometres
Borders Milsons Point, Neutral Bay, North
Sydney
Transport Bus, train, ferry
Parks Captain Henry Waterhouse Reserve,
Milson Park
Schools Loreto Kirribilli, St Aloysius’ College
And . . . The grand old estates include the
Prime Minister’s residence, Kirribilli House,
built in 1854, and Admiralty House, where
the Governor-General lives.
Lane Cove
This suburb has become quite the place to
be, bursting with family-sized houses in wide
streets close to good local schools. Now that the
Lane Cove tunnel is open, the commute times
are quicker and the suburb has good city and
airport access. Semis and bungalows on the
busy roads – Centennial Avenue, River Road
and Bridge Street – are the cheapest places to
buy, but houses in nice streets, particularly if
they back on to bush reserve, tend to start in the
low $1 million price range. Most of the brown-
brick post-war housing retains a certain charm,
especially some of the semis. Apartments
tend to be on the busy roads, but those with
river views and at the back of the block make
affordable and appealing first homes.
What it costs to buy Median house price: $892 500
Median apartment price: $397 500
Average annual growth, houses: 7.7%
Average annual growth, apartments: 5.5%
What it costs to rentAverage house rent: $580 per week
Average apartment rent: $350 per week
Distance to city 6.9 kilometres
Borders Artarmon, Greenwich, Riverview
Transport Bus
Parks Charlish Park, Lane Cove Bushland Park,
Linley Point Reserve, Ludowici Reserve,
Nichols Reserve, Pottery Green, Tennyson
Park
Schools Currambena Primary, Lane Cove
Public, St Michael’s School
And . . . Lane Cove Bushland Park is home to
a rare and endangered species of fungus,
Hygrocybe lanecovensis, which is found
nowhere else.
Huntleys Cove
On the northern side of a peninsula between
Tarban Creek and the Parramatta River is this
estate of townhouses and apartments, built
about seven years ago. Four-wheel drives and
zippy little hatchbacks are parked in red-brick
driveways and the trees are still trying to grow
big enough to soften the streetscape. The area
appeals to busy families who like the low-
maintenance lifestyle with access to resort-
style facilities. It’s close to a variety of good
public and private schools and in a convenient
location for professional couples who might
have one partner working in Parramatta or
North Ryde and the other in the city or North
Sydney. There are walking tracks down to
Riverglade Reserve and access to the Rivercat
at Huntleys Point.
What it costs to buy Median house price: $2 125 000
Median apartment price: $657 500
Average annual growth, houses: SNR
Average annual growth, apartments: 7.83%
What it costs to rentAverage house rent: $900 per week
Average apartment rent: $470 per week
Distance to city 7.5 kilometres
Borders Gladesville, Henley, Hunters Hill
Transport Bus, ferry
Parks Riverglade Reserve
Schools None
And . . . Huntleys Cove used to be known as
Tarban, after nearby Tarban Creek.
Huntleys Point
Is this the smallest suburb in Sydney? With
only one street and 51 houses, it is certainly
unique. Huntleys Point overlooks the dramatic
concrete arcs of the Gladesville Bridge and
fronts one of the Parramatta River’s quiet bays
dotted with yachts and small cruisers. The
houses were built in the 1950s and 1960s, with
a few unfortunately bad renovations enduring
from the 1980s on. This is such a small suburb
that it’s hard to rent or buy in – the locals
are keen to hang on to their precious piece
of paradise, and who could blame them? With
Riverside Girls High School and the Rivercat
ferry wharf on their street, it’s not short on
public amenities either.
What it costs to buyMedian house price: $2 343 000
Median apartment price: SNR
Average annual growth, houses: SNR
Average annual growth, apartments: SNR
What it costs to rentAverage house rent: $1250 per week
Average apartment rent: SNR
Distance to city 6.8 kilometres
Borders Henley, Huntleys Cove
Transport Bus, ferry
Parks Betts Park, Huntleys Point Reserve
Schools Riverside Girls High School
And . . . Huntleys Point was named after Alfred
Huntley, a prominent citizen of the early
colony.
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Lavender Bay
The blue harbour sparkles right in front of this
smile-shaped suburb between Milsons Point and
McMahons Point. With only seven streets, 150
houses and 350 or so apartments, Lavender Bay
would hardly be worth talking about if it wasn’t
in such a wonderful harbourfront position.
This is where famed Australian artist Brett
Whiteley lived and painted his dazzling harbour
canvases. It’s also where his widow Wendy has
created delightful gardens on disused railway
land that are open to anyone who cares to pay
a visit. The Edwardian houses and semis are
naturally sought after and rarely come on to
the market. Apartments – especially the older
style Art Decos – trade more frequently and
investors love them for the premium rents
they can command.
What it costs to buy Median house price: $1 635 000
Median apartment price: $609 500
Average annual growth, houses: SNR
Average annual growth, apartments: 8.85%
What it costs to rentAverage house rent: $990 per week
Average apartment rent: $900 per week
Distance to city 2.8 kilometres
Borders McMahons Point, Milsons Point, North
Sydney
Transport Bus, train, ferry
Parks Clark Park, Watt Park
Schools None
And . . . Brett Whiteley wasn’t the only artist
attracted to this spectacular place –
Norman Lindsay lived here for a while.
Linley Point
On the Lane Cove River, Linley Point is such
a quiet little outpost of waterfront suburbia
that it barely registers any price statistics.
First developed in the 1950s and 1960s, it
has some large family homes that haven’t
yet been renovated or Tuscanised in the same
way as other Sydney waterfront suburbs. It
is affordable compared with nearby Hunters
Hill or Longueville, but there are few local
facilities – no shops – and it’s awkward to
drive in and out of.
What it costs to buy Median house price: $1 797 000
Median apartment price: SNR
Average annual growth, houses: SNR
Average annual growth, apartments: SNR
What it costs to rentAverage house rent: $795 per week
Average apartment rent: $650 per week
Distance to city 7.2 kilometres
Borders Lane Cove, Riverview, Lane Cove
West
Transport Bus
Parks Cunninghams Reach Park
Schools None
And . . . There are nice city views from Brooks
Street and the eastern end of Haughton,
but the western section of the suburb close
to thronging Burns Bay Road can pick up
traffic noise.
Lane Cove West
It’s solid, it’s leafy, it’s middle-class. This is a
family suburb, the kind of place where children
keep their dental appointments and tuck into
nourishing home-cooked meals. Of course
it does have the dreaded word ‘west’ in its
name, but don’t let that fool you into thinking
this isn’t one of the prettiest parts of Lane
Cove, especially the streets that back on to the
national park adjoining the Lane Cove River.
Oh yes, there are a few apartments on the
main road but most have river views and are
perfectly lovely. Three-bedroom houses can be
bought for as little as $700 000 on busy Burns
Bay Road. But in the better streets, especially
parkside areas such as Lloyd Rees Drive or
parts of Penrose, they’re often well over the
million-dollar mark.
What it costs to buy Median house price: $904 400
Median apartment price: $420 000
Average annual growth, houses: 6.8%
Average annual growth, apartments: 1.62%
What it costs to rentAverage house rent: $590 per week
Average apartment rent: $355 per week
Distance to city 8.4 kilometres
Borders Lane Cove, Lane Cove North
Transport Bus
Parks Blackman Park, Hands Quarry Reserve,
Lovetts Reserve, Turrumburra Park
Schools Lane Cove West Public
And . . . Festival Mushroom Records was based
here from the mid-1950s to the late 1990s.
Lane Cove North
This suburb is more affordable than Lane
Cove proper, due largely to the abundance of
apartments. Its Lane Cove real estate prices
are driven by proximity to the plaza and access
to the expressway, Lane Cove North loses out
by being on the wrong side of busy Epping
Road. However, it has some nice houses,
especially on the eastern side of Centennial
Avenue, where there are character homes built
before the 1950s. There are plenty of parks
and reserves and the suburb has benefited
from better commute times since the Lane
Cove Tunnel was completed.
What it costs to buy Median house price: $780 500
Median apartment price: $378 500
Average annual growth, houses: 7.2%
Average annual growth, apartments: 6.28%
What it costs to rentAverage house rent: $550 per week
Average apartment rent: $320 per week
Distance to city 8.2 kilometres
Borders Artarmon, Chatswood, Lane Cove
Transport Bus
Parks Batten Reserve, Chatswood Athletic
Field, Coolaroo Park, Helen Street Reserve,
Mowbray Park, Stringybark Creek Reserve
Schools Mowbray Public
And . . . Lane Cove North was originally
founded to provide homes for World War II
veterans.
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Middle Cove
With streets as steep as the house prices,
this isn’t a suburb for those who like room to
manoeuvre on the roads. The reward for such
tricky access is a glittering water view, especially
from the north-facing high side of the street.
The view is somehow more special than other
Sydney Harbour views – it’s a natural bush
and water outlook over Castle and Crag coves
in pristine Middle Harbour. All of the houses in
Middle Cove are freestanding suburban gems
built from the 1950s on. The most affordable
family homes are on Eastern Valley Way. This
suburb is also home to Sydney’s Rudolf Steiner
School, Glenaeon, which used to be the local
infants school.
What it costs to buy Median house price: $1 227 500
Median apartment price: SNR
Average annual growth, houses: 8.2%
Average annual growth, apartments: SNR
What it costs to rentAverage house rent: $965 per week
Average apartment rent: $900 per week
Distance to city 8.4 kilometres
Borders Castle Cove, Castlecrag, North
Willoughby
Transport Bus
Parks Harold Reid Reserve, Willis Park
Schools Glenaeon Rudolf Steiner Middle Cove
Campus
And . . . Beautiful Harold Reid Reserve is a
strong drawcard for tourists and locals
alike.
Milsons Point
More office towers than apartment towers
dominate this patch of harbourfront on the
opposite side of the Harbour Bridge to Kirribilli.
Milsons Point was once a mix of old tenements
and terrace houses that were demolished and
rebuilt in the 1970s office-building boom. In
the 1990s, some of the office buildings were
converted into luxury apartments for empty-
nesters with deep pockets and a lust for
harbour views. Many of Milsons Point’s new
residents have little tolerance for the noise
from Luna Park, and the locals have engaged
in lengthy legal battles with the amusement
park. Shhh – best not talk about NIMBY (Not
In My Back Yard) Syndrome.
What it costs to buy Median house price: $1 635 000
Median apartment price: $764 000
Average annual growth, houses: SNR
Average annual growth, apartments: 3.73%
What it costs to rentAverage house rent: SNR
Average apartment rent: $775 per week
Distance to city 2.4 kilometres
Borders Kirribilli, Lavender Bay, North Sydney
Transport Bus, train, ferry
Parks Bradfield Park
Schools None
And . . . The suburb also contains the North
Sydney Olympic Pool, where you can do
your laps against the majestic backdrop of
the Harbour Bridge.
Longueville
Now this is what the lower North Shore is all
about – large blocks of land, stunning views
and a harbourfront position. This has always
been one of Sydney’s blue-ribbon suburbs and
it has prices to match. It’s been tightly held by
families who like to stay put for decades, but
local real estate agents report that generational
change means properties have been trading
more frequently in the past year or two.
Buying the best houses in this suburb will set
you back more than $5 million, but that would
snare a nice waterfront with views. The more
affordable homes – if you can call $2 million
affordable – are closer to River Road.
What it costs to buy Median house price: $2 185 000
Median apartment price: SNR
Average annual growth, houses: 6%
Average annual growth, apartments: SNR
What it costs to rentAverage house rent: $1200 per week
Average apartment rent: $690 per week
Distance to city 5.8 kilometres
Borders Lane Cove, Northwood, Riverview
Transport Bus, ferry
Parks Aquatic Park, Central Park, Griffith
Park, Hodgson Park, Kingsford Smith Oval,
Longueville Park, Shaw Playground
Schools None
And . . . Longueville was once the site
of a soap factory, one of the earliest
manufacturing industries in Australia.
McMahons Point
McMahons Point is a grand spot, with its tangle
of Victorian streets and surprising panoramas
of the harbour that sneak into view as you
round the corners. Its steep geography gives
it the higgledy-piggledy feel of a North Shore
Balmain. The suburb still has some grand old
houses, especially close to the water. Harry
Seidler’s much-maligned Blues Point Tower
apartment building on the harbour foreshore
has only small French balconies but still
attracts a steady trickle of buyers and renters
desperate for the stunning views. You can
sometimes pick up a studio here for as little
as $350 000. Most of the old terraces, cottages
and bungalows in the streets closer to North
Sydney have been renovated, rebuilt and
rejuvenated into primo property beyond the
reach of the average Sydneysider.
What it costs to buy Median house price: $1 180 000
Median apartment price: $642 000
Average annual growth, houses: 6.4%
Average annual growth, apartments: 2.8%
What it costs to rentAverage house rent: $800 per week
Average apartment rent: $495 per week
Distance to city 2.7 kilometres
Borders Lavender Bay, North Sydney,
Waverton
Transport Bus, train, ferry
Parks Blues Point Reserve, Henry Lawson
Reserve, Sawmillers Reserve
Schools None
And . . . The suburb was named after Maurice
McMahon, a brush and comb manufacturer
who built his home on the headland.
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Neutral Bay
The sloping streets of Neutral Bay attract all
types – a young rental crowd, professional
families and older downsizers who like to be
close to the action. With housing ranging from
small apartments to grand waterfront estates,
it’s an eclectic suburb with good shops and
public transport. The southern part snakes
along the foreshore of Neutral Bay and has
a tranquil leafiness quite unlike the northern
areas. The elevated apartment developments
have snared some of the best harbour views
in Sydney, and are good value. Look for
apartments and townhouses with a high
owner-occupier ratio to buy or rent. The best
street is Shellcove Road, which is where the
area’s best waterfront homes fetch upwards
of $5 million. Look hard in other streets and
you may find a studio with a harbour view for
around $300 000.
What it costs to buy Median house price: $970 000
Median apartment price: $525 062
Average annual growth, houses: 2.5%
Average annual growth, apartments: 4.7%
What it costs to rentAverage house rent: $750 per week
Average apartment rent: $470 per week
Distance to city 3.8 kilometres
Borders Cammeray, Cremorne, North Sydney
Transport Bus, ferry
Parks Anderson Park, Forsyth Park, Ilbery
Park, Kurraba Point Reserve, Warringa Park,
Willow Tree Park
Schools Neutral Bay Public
And . . . The bay used to be where all foreign
ships were sent to dock, and was thus
called ‘Neutral’.
North Ryde
This suburb offers a hodge-podge of housing
styles ranging from fibro to majestic Masterton
mansions. There are a few townhouse and
apartment developments, but it is dominated
by freestanding family homes with good access
to local primary schools and playgrounds. The
real prize is the nearby commercial district,
Macquarie Park, which is attracting big
businesses to the area. Some expect the influx
of office workers will put upward pressure on
home prices. However, many will simply use
the new stations offered by the Epping to
Chatswood rail link.
What it costs to buy Median house price: $640 000
Median apartment price: $367 000
Average annual growth, houses: 8.7%
Average annual growth, apartments: 5.31%
What it costs to rentAverage house rent: $420 per week
Average apartment rent: $450 per week
Distance to city 10.9 kilometres
Borders Chatswood West, Marsfield, Ryde
Transport Bus
Parks Banool Reserve, Blenheim Park,
Boobajool Reserve, Booral Reserve,
Bundara Reserve, Flinders Park, Greenwood
Park, Gwandalan Reserve, Lane Cove
National Park, Magdala Park, Martin
Reserve, North Ryde Common, North Ryde
Park, Nundah Reserve, Tindarra Reserve,
Wallumatta Nature Reserve, Yinnell Reserve
Schools Holy Spirit School, North Ryde Public,
Ryde East Public, Truscott Street Public
And . . . The NSW Schoolhouse Museum here
offers a fascinating insight into Australian
public education.
Mosman
This is the bluest of blue-chip suburbs on
Sydney’s leafy North Shore, a place where
yummy mummies battle to snatch a parking spot
close to the Military Road shops and workaholic
dads slave away at the merchant bank. It’s one
of Sydney’s most gloriously positioned suburbs,
with an abundance of beaches and bushland.
Hopetoun, Burran and Kirkoswald Avenues are
recognised as being among Sydney’s best streets.
The grand Edwardian houses with harbour views
are naturally the most sought after, although
there are plenty of moneyed types seeking
property without any heritage value that can be
knocked down and rebuilt to modern tastes.
What it costs to buy Median house price: $2 000 000
Median apartment price: $510 000
Average annual growth, houses: 7.6%
Average annual growth, apartments: 4.85%
What it costs to rentAverage house rent: $1550 per week
Average apartment rent: $480 per week
Distance to city 5.5 kilometres
Borders Cremorne, Cremorne Point
Transport Bus, ferry
Parks Ashton Park, Sydney Harbour National
Park, Balmoral Park, Bay Street Park,
Bradley Bushland Reserve , Clifton Gardens
Reserve, Curraghbeena Park, Harnett Park,
Hunter Park, Lawry Plunkett Reserve,
Memory Park, Rawson Park, Reid Park,
Rosherville Reserve, Sirius Cove Reserve,
Spit West Reserve, Wyargine Reserve
Schools Mosman High, Beauty Point Public,
Blessed Sacrament Primary, Middle
Harbour Public, Mosman Church of England
Preparatory School, Mosman Public,
Queenwood School for Girls, Sacred Heart
School
And . . . This is where you’ll find Taronga Zoo.
Naremburn
The streets here are lined with a mix of
Federation and post-war houses and semis,
most of which have been renovated to fetch $1
million-plus price tags. The eastern side of the
freeway is the most sought after, and has some
heritage precincts with lovely turn-of-the-
century houses. Busy professional families like
the area, with easy commute times to the city,
and access to St Leonards train station and the
village cafés of Crows Nest. There are a few
1980s and 1990s apartment developments,
which provide the most affordable housing
options. Agents say the lack of properties for
sale has forced up prices, as double-income
families outbid each other to get into the
area.
What it costs to buy Median house price: $922 500
Median apartment price: $555 000
Average annual growth, houses: 7%
Average annual growth, apartments: 5.18%
What it costs to rentAverage house rent: $700 per week
Average apartment rent: $460 per week
Distance to city 5.8 kilometres
Borders Artarmon, Cammeray, Crows Nest
Transport Bus, train
Parks Flat Rock Gully Reserve, Naremburn
Park, Talus Park
Schools St Leonards Catholic School
And . . . This freeway-side precinct was once
the poor man’s lower North Shore locale,
living under the dust of a local incinerator
which finally closed in 1967.
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Northbridge
When former prime minister Bob Hawke and
wife Blanche d’Alpuget put a development
application before Willoughby Council in 2004
for a putting green on the rooftop of their five-
storey home in Minimbah Road, the neighbours
reportedly tried to block it (unsuccessfully),
concerned that it might interrupt their Middle
Harbour views. It’s this outlook that is most
prized in the exclusive pocket. Naturally, the
streets closest to the water are the most
desired, but some of those overlooking Tunks
Park offer lovely views too. The architect-
designed houses that hug the steep streets
on the waterfront are quite lovely, as are the
baths at the end of the point.
What it costs to buy Median house price: $1 700 000
Median apartment price: $537 500
Average annual growth, houses: 8.1%
Average annual growth, apartments: 6.93%
What it costs to rentAverage house rent: $815 per week
Average apartment rent: $480 per week
Distance to city 6.5 kilometres
Borders Cammeray, Castlecrag, Willoughby
Transport Bus
Parks Clive Park, Elizabeth Park, John Roche
Park, Munro Park, SCEGGS Memorial
Playing Fields, Warners Park
Schools Northbridge Public, St Philip Neri
Catholic Primary
And . . . The sandstone suspension bridge,
built in 1892, which gives the suburb its
name is truly spectacular.
Northwood
Northwood has a surreal charm and feels more
like an upper North Shore village than a flashy
waterfront suburb. The leafy streets are dotted
with established older-style homes built in the
1920s and 1930s by the well-to-do. Artists
such as Lloyd Rees loved the area for its bushy
charms and water views and he has a park
named after him on the point. These days,
Northwood attracts the seriously moneyed,
who like proximity to the North Shore central
business district, large block sizes and privacy.
An eight-bedroom home in Point Road sold
for $6.55 million in April 2006. And a house
in Cliff Road sold for close to $5.7 million in
July 2007.
What it costs to buy Median house price: $1 575 000
Median apartment price: SNR
Average annual growth, houses: 11.6%
Average annual growth, apartments: SNR
What it costs to rentAverage house rent: $580 per week
Average apartment rent: $650 per week
Distance to city 5.3 kilometres
Borders Greenwich, Lane Cove, Longueville
Transport Bus, ferry
Parks Gore Creek Reserve, Lloyd Rees Park,
Woodford Bay Bicentennial Reserve
Schools None
And . . . All of the the houses in Northwood are
freestanding properties.
North Sydney
Most of this suburb is a bustling business
district darkened by high-rise office towers, but
there are pockets of historic houses and older-
style apartments tucked away in quiet streets.
The streets near St Leonards Park have some
of the nicest houses, all Victorian primness
painted to perfection. The sloping streets on
the western side of the Pacific Highway are
another residential pocket, albeit with some
commercial premises in the mix. With a range
of 1970s high-rise apartments, there is a
range of housing to appeal to all age groups.
It’s a bustling place, which attracts more than
60 000 workers and 15 000 students each day,
according to North Sydney Council.
What it costs to buy Median house price: $1 000 000
Median apartment price: $500 000
Average annual growth, houses: 5.8%
Average annual growth, apartments: 6.29%
What it costs to rentAverage house rent: $800 per week
Average apartment rent: $525 per week
Distance to city 3.6 kilometres
Borders Cammeray, Neutral Bay,
Wollstonecraft
Transport Bus, train, ferry
Parks Civic Centre Park, Doris Fitton Park,
Kesterton Park, St Leonards Park
Schools Wenona School, Marist College North
Shore, Monte Sant’Angelo Mercy College,
North Sydney Boys High, North Sydney
Demonstration Primary, St Mary’s Shore-
Sydney Church of England Grammar
And . . . Don’t expect too much excitement on
weekends.
North Willoughby
Proving that Sydneysiders will pay more for
any suburb with the word ‘north’ in its name,
North Willoughby commands a premium price
over its plain-Jane cousin, Willoughby. This was
one of Sydney’s boom suburbs of the 1920s,
with brown-brick bungalows pegged out in
neat rows. There are plenty of semis, too,
usually on good-sized blocks of land with room
to extend. Streets close to Willoughby Park are
popular. Three-bedroom homes can be bought
for about $750 000 – but they’re often on a
busy road. The suburb has recently undergone
a price boom, as professional families clamber
to snare their piece of freestanding suburbia
close to the city, North Sydney and Chatswood
business districts.
What it costs to buy Median house price: $1 181 000
Median apartment price: $427 500
Average annual growth, houses: 11.4%
Average annual growth, apartments: 6.73%
What it costs to rentAverage house rent: $580 per week
Average apartment rent: $420 per week
Distance to city 8.3 kilometres
Borders Chatswood, Willoughby, Willoughby
East
Transport Bus
Parks Carlson Park, St Aloysius Oval
Schools St Thomas Catholic Primary
And . . .
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Ryde
Ryde has everything from basic fibros and brick
bungalows to modern double-storey brick-
rendered houses. There’s even a smattering
of colonial houses. The shopping centre at Top
Ryde, as the elevated part of the suburb is
known, is being refurbished, with completion
in stages between 2009 and 2010. You can
pick up a two-bedroom apartment in parts of
Ryde for about $300 000 and three-bedroom
houses for about $600 000. It’s also on a good
bus route to the city down Victoria Road.
What it costs to buy Median house price: $620 000
Median apartment price: $310 000
Average annual growth, houses: 7.6%
Average annual growth, apartments: 6.13%
What it costs to rentAverage house rent: $395 per week
Average apartment rent: $260 per week
Distance to city 11.1 kilometres
Borders Eastwood, Marsfield, West Ryde
Transport Bus
Parks Adventure Park, Brigade Park, Burrows
Park, Byron Park, Cudal Reserve, Field of
Mars Reserve, Gannan Park, Henri Dunant
Reserve, Minga Reserve, Nerang Park,
Olympic Park, Parry Park. Pidding Park,
Ryde Park, Ryde Riverside Park, Santa Rosa
Park, Tyagarah Park, Tyrell Park, Wandoo
Reserve, Watts Park, Yamble Reserve
Schools German International School Sydney,
Holy Cross College, Ryde Secondary
College, Meadowbank Public, Ryde Christian
Community School, Ryde Public, St Charles’
Primary
And . . . It used to be called Kissing Point, in
honour of a shallow stretch of Parramatta
River where the keels of boats ‘kissed’ the
bottom.
St Leonards
The high-rise apartment boom that hit Sydney
in the late 1990s transformed this commercial
zone into a lively locale with new apartment
buildings, thanks largely to state government
planning initiatives to encourage development
close to railway links. The revamped train
station has a bustling strip of shops and eateries
to cater for commuters. There are still some
pockets of freestanding houses and semis in
the areas close to Crows Nest, and these are
highly sought after for their convenient access
to the freeway into the city. Apartments in
new buildings such The Forum attract a steady
throng of renters and owner-occupiers, who
work in the area or in nearby North Sydney.
Look out for studios in the high-rises for about
$250 000, which can attract rents of about
$340 per week.
What it costs to buy Median house price: $935 500
Median apartment price: $480 000
Average annual growth, houses: 8.5%
Average annual growth, apartments: 4.9%
What it costs to rentAverage house rent: $532 per week
Average apartment rent: $500 per week
Distance to city 5.3 kilometres
Borders Artarmon, Greenwich, Wollstonecraft
Transport Bus, train
Parks Gore Hill Park, Newlands Park,
Propstring Reserve
Schools None
And . . . Many large companies have their
offices here.
Putney
This waterside suburb has brightened
considerably since the Parramatta River was
cleaned up and old industrial sites converted
into swish resort-style apartment complexes.
With Rivercat services and a 20-minute drive
into the city, it’s conveniently located. The
older-style Federation homes are the most
desired, especially those on waterfront streets
such as MacGowan Street or Pellisier Road.
There are a mix of housing styles in the area,
with plenty of the older fibro houses knocked
down and rebuilt to create family-friendly
homes. It’s also home to a great children’s
playground in Putney Park.
What it costs to buy Median house price: $955 000
Median apartment price: $554 000
Average annual growth, houses: 7.3%
Average annual growth, apartments: SNR
What it costs to rentAverage house rent: $500 per week
Average apartment rent: $250 per week
Distance to city 10.6 kilometres
Borders Gladesville, Ryde, Tennyson Point
Transport Bus, ferry
Parks Bennelong Park, Cleves Park, Donnelly
Park, Frank Downing Sportsground, Kissing
Point Park, Morrisons Bay Park, Putney
Park, Settlers Park
Schools Putney Public
And . . . A proposal to build hundreds
of apartments on the Morrison Road
Rehabilitation Centre site has had locals up
in arms about losing the tranquillity of their
leafy locale, but there’s no confirmation yet.
Riverview
The whirr and bustle of building and renovating
could drown out the birdsong in this suburb,
which has attracted a rash of keen-to-
renovate home-owners who want to be close
to St Ignatius College. Most of the older-style
bungalows have been made schmick enough
for houseproud families, who love the area for
its North Shore pedigree. Unlike neighbouring
Longueville, there is no deep water frontage –
only waterfront reserve positions where you
can snare a view through the trees. It’s a
sloping suburb with snakey streets and cul-de-
sacs that are alive with community spirit and
family-friendliness.
What it costs to buy Median house price: $1 320 000
Median apartment price: $605 000
Average annual growth, houses: 9.2%
Average annual growth, apartments: SNR
What it costs to rentAverage house rent: $850 per week
Average apartment rent: $465 per week
Distance to city 6.7 kilometres
Borders Lane Cove, Linley Point, Longueville
Transport Bus
Parks Apex Park, Burns Bay Reserve,
Tambourine Bay Reserve
Schools St Ignatius College
And . . . It’s just a short walk across River
Road to Lane Cove village.
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Willoughby
On a plateau, this is one of the few suburban
patches of the North Shore that offers large,
level blocks of land. Back in the 1980s, this
was a relatively affordable part of Sydney, full
of unrenovated bungalows and semis. Today,
it’s slick North Shore central, with many of the
houses renovated and professional couples
buying up big to make sure their kids are
close to good schools. There are plenty of local
reserves and playgrounds, or the Willoughby
Leisure Centre for working out or swimming.
High-rise 1970s apartments close to Channel
Nine headquarters are an affordable entry
point to the area.
What it costs to buy Median house price: $945 000
Median apartment price: $423 000
Average annual growth, houses: 10.4%
Average annual growth, apartments: SNR
What it costs to rentAverage house rent: $580 per week
Average apartment rent: $400 per week
Distance to city 7.8 kilometres
Borders Castlecrag, Northbridge, Willoughby
East
Transport Bus
Parks Butt Park, Hallstrom Park Bicentennial
Reserve, Willoughby Park
Schools Willoughby Primary, Willoughby Girls
High
And . . . Willoughby boasts a large Armenian
community.
Willoughby East
First, Second, Third and Fourth avenues are the
nicest streets in this leafy patch of the North
Shore, close to the homewares and renovation
shops on High Street. This small suburb has
wide streets and charming, older-style houses.
The easy access to bustling Chatswood and
good local schools mean this area appeals to
professional families who want a solid middle-
class upbringing – and backyard – for their
kids. Express buses can whisk city workers
across the Harbour Bridge and into the centre
of Sydney in 15 minutes, and the drive isn’t
that difficult either.
What it costs to buy Median house price: SNR
Median apartment price: SNR
Average annual growth, houses: SNR
Average annual growth, apartments: SNR
What it costs to rentAverage house rent: SNR
Average apartment rent: SNR
Distance to city 9 kilometres
Borders Willoughby, Middle Cove, Castlecrag
TransportBusParks Willoughby Park
Schools None
And . . . This is one of those suburbs where
families stay put for a long time, so houses
don’t trade all that frequently.
Tennyson Point
Formerly known simply as Tennyson, this
riverfront suburb of fewer than 400 houses
received the ‘point’ on the end of its name in
2001. The name change clearly announces
that this area is worthy of its $1 million-plus
median, which has rocketed ahead thanks to
changing perceptions of the suburbs west of
Victoria Road. This is a lovely waterside enclave,
with sloping streets that capture water views.
Most of the houses were built from the 1950s
on, and leave a little to be desired in terms of
architectural merit. However, it’s the renovated
or rebuilt bungalows that are achieving the
biggest prices, exploiting the block size and
waterside position. There have been sales of
$2–3 million in Champion Road.
What it costs to buy Median house price: $1 430 000
Median apartment price: $610 500
Average annual growth, houses: 18.8%
Average annual growth, apartments: SNR
What it costs to rentAverage house rent: $595 per week
Average apartment rent: $460 per week
Distance to city 9.5 kilometres
Borders Gladesville, Putney
Transport Bus, ferry
Parks Bill Mitchell Park, Tennyson Park
Schools None
And . . . The suburb was named after English
poet Alfred Tennyson.
Waverton
It’s only a small suburb, but this waterfront
gem has some charming old workers’ housing,
which used to shelter the area’s boat-builders
and dockside workers. These days, most of the
properties in Waverton are apartments, built in
the 1970s to take advantage of its position on
the train line and closeness to North Sydney’s
business district. Apartments with water views
are the most popular, especially anything large
enough to appeal to empty-nesters, who are
attracted to the lower North Shore locale when
they are ready to move out of the upper North
Shore. A few older-style Art Deco flats offer
an alternative, especially since the blocks are
small and have shared gardens.
What it costs to buy Median house price: $850 000
Median apartment price: $592 000
Average annual growth, houses: 3.4%
Average annual growth, apartments: 5.32%
What it costs to rentAverage house rent: $750 per week
Average apartment rent: $500 per week
Distance to city 3.4 kilometres
Borders McMahons Point, North Sydney,
Wollstonecraft
Transport Bus, train, ferry
Parks Balls Head Reserve, Merrett Playground,
Oyster Cove Reserve, Waverton Peninsula
Reserve, Waverton Park
Schools None
And . . . Balls Head Reserve is a lovely picnic
spot with Aboriginal rock carvings and a
good view of fireworks when they’re on.
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Wollstonecraft
This suburb features grand old bungalows
in wide, leafy streets, ornate old apartment
buildings close to the train station and a
large, resort-style apartment complex called
Wondakiah on the waterfront. Prices there
start at about $800 000, but it’s $1.75 million
for one with a marina berth. What’s not to love
about Wollstonecraft? This is one of those stolid
North Shore spots with plenty of leafiness and
loveliness – it’s practically a pleasantville. It
was once a traditional family suburb – John
and Janette Howard raised their three children
in Milner Crescent – but empty-nesters and
DINKS own most of the property here these
days. The larger houses don’t trade frequently,
although generational change in the future
could see more properties change hands as
older people downsize.
What it costs to buy Median house price: $780 000
Median apartment price: $510 633
Average annual growth, houses: 1.5%
Average annual growth, apartments: 5.61%
What it costs to rentAverage house rent: $580 per week
Average apartment rent: $410 per week
Distance to city 4.2 kilometres
Borders Crows Nest, Greenwich, North Sydney
Transport Bus, train
Parks Badangi Reserve, Berry Island Reserve,
Brennan Park, Gore Cove Reserve,
Smoothey Park
Schools None
And . . . The suburb was named after Edward
Wollstonecraft, the first white settler to
receive a land grant in the area.
Woolwich
One of Sydney’s most surprisingly wonderful
suburbs, this peninsula jutting into the swirling
waters of the Lane Cove River and Parramatta
River is a well-kept secret. It regularly achieves
property prices higher than its better known
North Shore cousins such as Mosman or even
Cremorne Point. Woolwich has only 250 houses
and a smattering of apartments. The older-style
houses are nothing short of delightful – and
while some of the newer mansions that have
been built on the waterfront are a bit over the
top, the tree-softened streets and waterside
tranquillity of the suburb makes them seem
less harsh.
What it costs to buy Median house price: $3 475 000
Median apartment price: $457 500
Average annual growth, houses: SNR
Average annual growth, apartments: SNR
What it costs to rentAverage house rent: $1400 per week
Average apartment rent: $330 per week
Distance to city 4.7 kilometres
Borders Hunters Hill
Transport Bus, ferry
Parks Clarkes Point Reserve, Gale Street
Reserve, Kellys Bush Reserve, Weil
Park, Valentia Street Reserve, Woolwich
Foreshore Reserve
Schools Marist Sisters College
And . . . Woolwich was the site of the world’s
first green ban, on Kellys Bush Reserve,
which remains today along with several
other lovely parks.