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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.
The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,090,000.
The upward trend in home prices in LURNEA, 2170 averaged 7.72% per annum over a 3-year period.
Average weekly rents on listings have reached the $650 mark, reflecting a 3.1% increase in returns based on the current median price in LURNEA.
An average of 7.58 real estate transactions take place per month in LURNEA which translates to 91 per annum.
91 properties were sold in LURNEA in 2016, making it the 46th most active market in NSW based on total real estate transactions.
LURNEA, 2170 places 1012th in Australia based on median property value growth during the quarter.
Lurnea lies approximately 35 km southwest of the Sydney central business district, offering a predominantly residential setting within the City of Liverpool.
The suburb recorded a population of 10,057 in the 2021 Census, with an average household size of 3.18 persons living across 3,299 dwellings.
Residents exhibit cultural diversity, with notable ancestries including Australian, Lebanese, English and Vietnamese, and a median age in the early thirties.
Private vehicle use dominates work travel, with 56 per cent commuting by car and just 4 per cent relying on public transport.
A small proportion walk or cycle, with minimal public transport usage – under 1 per cent walk and 0.2 per cent cycle.
Bus services run through the suburb, with five local routes and three along Hoxton Park Road, linking Lurnea to Liverpool and Casula. Meanwhile, the M5 and Westlink M7 motorways provide road access to central Sydney.
Essential amenities include the Lurnea Plaza shopping centre and proximity to Casula Mall, featuring supermarkets and specialty stores.
The Lurnea Community Hub, located within Phillips Park, offers a multipurpose centre and café that opened in recent years following a $17 million redevelopment funded by the state and local council.
Recreation opportunities include sports courts and fields at the Lurnea Indoor Sports Centre on Hoxton Park Road, alongside school‑based options such as drama, basketball, volleyball and robotics at Lurnea High School.
Educational facilities in Lurnea include Lurnea Public School and Lurnea High School, the latter of which supports around 650 secondary students across years 7 to 12.
The suburb holds historical significance as a former soldier settlement after World War I, renamed from Hillview to Lurnea, meaning “a resting place”.
Separate houses with medium-density pockets primarily characterise residential character, and median house prices are near $957,500.
Lurnea combines cultural variety, community amenities, green spaces, and connectivity via road and bus, reflecting a family-oriented suburb within greater southwest Sydney.