Discover a suburb – Gordon

Discover a suburb – Gordon

May 31, 2024 | by DiJones

Welcome to Gordon, a family-oriented Upper North Shore suburb that solidly performs in the Sydney property market and is denoted by its community feel and convenient transport links.

The location

Gordon is conveniently located 15 km northwest of Sydney’s CBD, with the suburbs of Pymble to the north, Killara to the south, West Pymble to the west and East Killara to the east.

Looking more closely, Blackbutt and Falls Creek bound Gordon to the west, Cecil Street and McIntosh Street to the south, High Ridge Creek to the east, and Mona Vale Road, Highlands Avenue, and Rosedale extending to High Ridge Creek, to the north. The naturally leafy area is close to the lush parklands of Lane Cove National Park and Garigal National Park.

The name

Gordon’s name owes origin to the Gordondale Estate, the estate owned by Robert McIntosh in what is now central Gordon. McIntosh’s estate took its name from the Parish of Gordon, in the County of Cumberland named in the Surveyor-Generalship of Sir Thomas Mitchell (1828-1855).

This parish roughly corresponded with the area of the Shire of Ku-ring-gai, gazetted in 1906. The name “Gordon” was given by Mitchell to honour a superior officer and friend, Sir James Willoughby Gordon, who held the position of Quartermaster-General of the Horse Guards, London. Gordon was accepted as the official name when the post office changed it from Lane Cove to Gordon in 1879.

The history

Gordon was originally settled under the name “Lane Cove” in the 1820s. Many heritage-listed Federation-period properties can be found throughout Gordon, including several Arts and Crafts and Queen Anne-style houses, such as the historic Eryldene, built-in 1913.

Today, Gordon has become a popular shopping and transport hub for its Upper North Shore neighbours, Pymble and Killara. It’s also the administrative centre for the local government area of Ku-ring-gai Council. With the current population sitting at 8,7951, Gordon makes for a popular place for families to settle down and establish their homes and families.

The lifestyle

Like the rest of Sydney’s Upper North Shore, Gordon is composed of leafy streets and convenient amenities, such as the Gordon Centre. There you can also find the Gordon Markets which bring entertainment and unique local stalls to the community every second Sunday of each month.

The area acts as an anchor point for neighbouring suburbs for both transport and local activities. The commuter car park at the crossroads of Lane Cove Road and the Pacific Highway makes Gordon a popular transport hub.

The Gordon Golf Course is the perfect place for a casual game of golf or a regular meeting spot for keen golfers in the area. The Bunker and The Club, part of the complex, provide a great ambience for dining experiences and special events.

There are many locally-loved cafes and restaurants through Gordon, with American-style Slide N Shake, French-Vietnamese fusion cafe Pottery Green Bakers Gordon, Italian eatery Porto Azzurro and book-loving Chalkboard Cafe being just a few to choose from.

There’s also no shortage of good schools in the area. Gordon West and Gordon East Public Schools and Ravenswood School for Girls are some of the popular schools within the area, with the latter private school catering for Kindergarten to Year 12.

The Gordon property market

Gordon is a popular, family-oriented suburb that has seen great stability and growth in property sales over the long term.

62.9% of properties in Gordon are owned, with 32.3% owned outright, while 30.6% are owned with a mortgage. On the other hand, 35.3% are rented properties1.

The median age of Gordon residents is 39 (2021)1, with the majority of houses in the area having 4 or more bedrooms (33.5%). Established families and couples, along with older couples and families make up the majority of the Gordon population. In November 2023, the median sale price for a house is sitting at $3,325,000 and units are selling at a median price of $995,0002. House prices have tended to remain strong and grow when looking historically, however the same isn’t true for the unit market.

We’ve seen the volumes of rental properties on the market increase, with prices dropping as a result of the increased supply. In Gordon, units spend an average of 67 days on the market, with the number of units for sale more than doubling in the past twelve months, with 58 units listed this year compared to 22 last year.

This slower-selling market is also reflected in growth figures, with the average annual capital growth for houses being -7.7%, whereas units come in at 3.6% growth.

The unit market however has been less volatile when it comes to sale prices in the long-term, with sale prices since May 2018 showing less fluctuations and consistent growth when it comes to units over houses.

For those seeking investment properties, a house rented out at $1,300 per week will provide an annual rental yield of 2.1%, whereas units rented out at $690 per week typically provide a rental yield of 3.9%.

Make Gordon your home

Recent sales by our team, such as 72 Ridge Street, 8A Glenview Street, and 32A Cecil Street, show the variety of properties available for a range of price points and property needs.

On the market now, 46 Mcintyre Street offers a renovated, 4 bedroom, 2 bath family home near all the amenities central Gordon provides.

With such stunning and aesthetically diverse properties on Gordon’s market, you would never tire of checking out the lovely options and finding a property that best suits your lifestyle.

References

[1] Gordon, NSW 2021 Census

[2] realestate.com.au - Gordon, NSW

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