Buses, roads and the nearest stations to Lane Cove
Lane Cove has no railway station of its own. The missing station changes the comparisons more than the lending rules. The same bus-and-car reality belongs in any investor’s rental appraisal.
The nearest stations are at Chatswood and Artarmon, and residents rely on buses that link the village with Chatswood station and the city, or on the Lane Cove Tunnel and Gore Hill Freeway by car.
A valuer weighs a Lane Cove apartment mainly against recent sales in Lane Cove itself, not against units beside the platforms at Chatswood, and whether a unit has a car space is part of that comparison.
- Lane Cove’s homes are mostly apartments, running from older walk-up buildings to the newer mid-rise ones where industrial blocks used to sit, with houses making up a smaller share.
- Because the lenders Links works with include ANZ, Westpac, Macquarie, ING and Resimac, a Lane Cove unit can be put to one whose policy fits that building’s age, size and strata history.
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Lane Cove’s homes are mostly apartments, running from older walk-up buildings to the newer mid-rise ones where industrial blocks used to sit, with houses making up a smaller share.
Newer buildings mean short strata records and, for off-the-plan buyers, a valuation at completion. Older blocks mean a longer record to read and, sometimes, a thinner sinking fund. The houses are conventional security.
Because the lenders Links works with include ANZ, Westpac, Macquarie, ING and Resimac, a Lane Cove unit can be put to one whose policy fits that building’s age, size and strata history.
Example scenario (illustrative, not a real client): a first home buyer who works in Chatswood compares a recently completed Lane Cove unit with an older walk-up a few streets away.
The newer building has only a short strata record, and the older unit turns out to be smaller inside than its advertisement suggested. Comparing lender policies on building age, strata history and minimum size shows which lenders would consider each unit under the 5% Deposit Scheme, before either offer goes in.
