AREA REPORTS

Lugarno

NSW/
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 8.31% for the past year.

Investors saw the median home price rise to $1,320,000.

Profits due to an upward trend in home prices in the suburb averaged 7.79% per annum over a 3-year period.

LUGARNO now ranks at the 458th 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 low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $650 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 79.1 days.

In 2016, 75 properties were sold in LUGARNO during the past year, making it the 147th 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 $1,320,000 N/A
GROWTH REPORT
Median Quarterly 1.34% N/A
Median 12 month 8.31% N/A
Median 3 years 23.36% N/A
Median 5 years 56.21% N/A
10 years average annual 7.26% N/A
Weekly media advert. rent $650 N/A
Time on Market 79.1 days N/A
Gross Rental Yield Percent 2.56% N/A
demographics (median values)
Total Population
5710
Weekly Household Income
1512
Household Size
2.90
demographics
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