Located in New South Wales within the Lane Cove local government area, Linley Point is a quiet locality (postcode 2066). The area has roughly 382 residents and a mature demographic, with a median age of 47. Households earn a median income of $199K per year, with an average household size of 3 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward professional services and healthcare. The top ancestries reported are Chinese, English, Australian.
The median house price in Linley Point is $4.7 million, having climbed sharply by 33.4% over the past year. The current median weekly rent is $800. This gives a gross rental yield of approximately 0.9%. The median monthly mortgage repayment is $5,000.
Public transport access includes 4 bus stops. The crime rate in the Lane Cove LGA is low at 1,355 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 0.9% (low yield). Property prices are above the state median ($4.7M/$1.5M), placing it in the premium segment. The price-to-income ratio of 23.4x is considered stretched. House prices have moved +33.4% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.