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Lugarno

Suburb Profile

Lugarno - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2210

house

LUGARNO, 2210 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling LUGARNO, 2210 values up and netting property investors a capital gain of 13.78% for the past year.

Investors saw the median home price rise to $1,300,000.

Profits due to an upward trend in home prices in the suburb averaged 0.52% per annum over a 3-year period.

LUGARNO now ranks at the 478th place on a list of fastest growing suburbs in the territory.

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

Because of this real estate investors could earn a rental income of $577.5 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In LUGARNO, homes and units usually stay on listing for an average of 50.9 days.

In 2016, 72 properties were sold in LUGARNO during the past year, making it the 172nd most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,300,000 N/A
GROWTH REPORT
Median Quarterly 4% N/A
Median 12 month 13.78% N/A
Median 3 years 1.56% N/A
Median 5 years 13.04% N/A
10 years average annual 5.7% N/A
Weekly media advert. rent $577.5 N/A
Time on Market 50.9 days N/A
Gross Rental Yield Percent 2.31% N/A
demographics (median values)
Total Population
5710
Weekly Household Income
1512
Household Size
2.90
demographics
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