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Lemon Tree Passage

Suburb Profile

Lemon Tree Passage - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2319

house

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $445,000.

The upward trend in home prices in LEMON TREE PASSAGE, 2319 averaged 3.84% per annum over a 3-year period.

Average weekly rents on listings have reached the $400 mark, reflecting a 4.67% increase in returns based on the current median price in LEMON TREE PASSAGE.

An average of 3.58 real estate transactions take place per month in LEMON TREE PASSAGE which translates to 43 per annum.

43 properties were sold in LEMON TREE PASSAGE in 2016, making it the 434th most active market in NSW based on total real estate transactions.

LEMON TREE PASSAGE, 2319 places 651st in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $445,000 N/A
GROWTH REPORT
Median Quarterly -1.11% N/A
Median 12 month -3.48% N/A
Median 3 years 11.53% N/A
Median 5 years 37.98% N/A
10 years average annual 5.65% N/A
Weekly media advert. rent $400 N/A
Time on Market 99.3 days N/A
Gross Rental Yield Percent 4.67% N/A
demographics (median values)
Total Population
2403
Weekly Household Income
666.2
Household Size
2.30
demographics
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