Highest land value homes in Mosman, North Sydney, Ku-ring-gai, Lane Cove, Willoughby

Homes across the north shore are continuing to record some of Sydney’s highest land valuations. We break down the property list for each council area in the region:

David Barwell

3 min read

July 29, 2021 - 6:00AM

North Shore Times

The north shore’s streets may very well be paved with gold as homes across all corners of the region continue to record some of the highest land valuations in NSW.

New figures have revealed the eye-watering valuations for the region’s ritziest residential land with waterfront homes in Castle Cove, Mosman – and the Prime Minister’s secondary official residence – among those topping the list.

Along with homes, detailed valuation reports show many of the biggest valuations are for commercial land, unit complexes and prominent sites in town centres zoned with high-rise development potential.

Kirribilli House is among the standouts for North Sydney.

The figures from the NSW Valuer General also reveal the multimillion-dollar land valuations applying to schools, churches and hospital sites with standout inclusions ranging from the $100 million valuation of St Ignatius College in Riverview to the $70 million valuation of Taronga Zoo in Mosman.

The NSW Valuer General said several factors are taken into account when determining values including local property sales, zoning, the size of blocks, location and views.

The land valuations are used by councils to determine rates, and also to calculate land tax that property owners pay.

We break down the figures for some of the highest valued land for single homes in each LGA in the region, as published by the NSW Valuer General in July this year.

NORTH SYDNEY

The home at 18 Bay View St boasts a pretty impressive view.

109 Kirribilli Ave, Kirribilli

It’s a home away from home for the nation’s Prime Minister and boasts arguably the best views of Sydney. Kirribilli House was valued at $30.4 million in July – a $2.4 million increase since 2016.

186 Kurraba Rd, Kurraba Point

The harbourside property at Kurraba Rd had a valuation of $12.2 million in July – up from $10.3 million in 2016.

1A Plunkett St, Kirribilli

Another Kirribilli entry, the Plunkett St property had a valuation of $11.2 million in July.

A photo of the views from 3 Baden Rd.

The 3 Baden Rd home is located on the tip of Kurraba Point.

16 and 18 Bay View St, Lavender Bay

Two side-by-side properties overlooking Lavender Bay each recorded a valuation of $9.1 million in July – up from $6.1 million in 2016.

3 Baden Rd, Kurraba Point

Located on the tip of Kurraba Point, the Baden Rd home had a land valuation of $8.15 million in July – that’s an increase from $6.39 million in 2016.

KU-RING-GAI

39 Chilton Parade in Warrawee

1 Killara Ave, Killara

A home in a heritage conservation area in Killara was valued at $12.6 million in July – an increase from $9 million back in 2016.

39 Chilton Parade, Warrawee

A boutique villa site in the up-market suburb of Warrawee was valued at $8.1 million in July. That’s an increase from $6.7 million in 2016.

The home at 17 Springdale Rd in Killara.

39 Cherry St, Warrawee

Also in Warrawee, 39 Cherry St had a land valuation of $7.85 million in July.

14-16 McIntosh St, Gordon

The impressive McIntosh St home had a land valuation of $7.74 million in July.

17 Springdale Rd, Killara

The Springdale Rd home in Killara recorded a land valuation of $6.9 million in July.

MOSMAN

18 Hopetoun Ave overlooks Cobblers Bay.

10/12 Burran Ave, Mosman

Boasting harbour views, the property at Burran Ave was valued at $18 million in July – up from $15 million in 2016.

18 Hopetoun Ave, Mosman

Another harbourside entry, 18 Hopetoun Ave was valued at $13.7 million in July. That’s an increase from $11.4 million in 2016.

17 Mandolong Rd, Mosman

The sprawling block of land on Mandolong Rd was valued at $12.4 million in July.

The view from 12a Burran Ave.

22 Redan St, Mosman

The impressive home at Redan St had a land valuation of $12.2 million in July – up from $9.4 million in 2016.

12A Burran Ave, Mosman

Another Burran Ave entry, the home was valued at $11.5 million in July – up from $9.5 million in 2016.

WILLOUGHBY

Innisfallen Castle is a slice of property royalty.

14 Cherry Place, Castle Cove

A castle – yes a castle – tops the list for Willoughby with Innisfallen Castle notching up a land valuation of $7.23 million in July. Built in 1905, the gothic-style sandstone building is ranked among Australia’s most impressive mansions and is one of four residential castles in the Sydney listed on the State Heritage register.

17 Neerim Rd, Castle Cove

The Neerim Rd mansion overlooking Middle Harbour had a land valuation of $5.77 million in July.

Minimbah Rd

Fifteen harbourside properties alongside Minimbah Rd in Northbridge each had a valuation of $5.76 million in July. The properties overlook Middle Harbour near Northbridge Marina.