AREA REPORTS

Lilyfield

 

 

NSW/
Lilyfield

Suburb Profile

Lilyfield - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2040

house
unit

Property investors enjoyed capital gains of 7.78% over the last 12 months in LILYFIELD, translating to lower returns compared with its peers in NSW.

Figures from the previous quarter show that capital gains for real estate buyers in LILYFIELD are low, as opposed to average gains per annum over the past five years.

The suburb posted a 26.32% growth in median prices over a three-year period. This is considerably higher than the gains it recorded over the past year.

This number can mean, real estate investors could earn a rental income of $877.5 based on current median home prices for the suburb.

On average, rents on listings have reached the $877.5 mark, reflecting a 2.54% increase in returns based on the current median price in LILYFIELD.

LILYFIELD, 2040 ranks 324th in NSW in terms of median property value increase and capital gains, based on year-to-date figures.

While it ranks 1099th on the list of best yielding suburbs for rental properties in NSW, posting a 2.54% return.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,800,000 $1,097,500
GROWTH REPORT
Median Quarterly 5.88% -2.23%
Median 12 month 7.78% N/A
Median 3 years 26.32% N/A
Median 5 years 73.08% N/A
10 years average annual 8.33% N/A
Weekly media advert. rent $877.5 $555
Time on Market 51.6 days 46.2 days
Gross Rental Yield Percent 2.54% 2.63%
demographics (median values)
Total Population
6761
Weekly Household Income
1433
Household Size
2.30
demographics
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