AREA REPORTS

Lemon Tree Passage

 

 

NSW/
Lemon tree passage

Suburb Profile

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

house

LEMON TREE PASSAGE, 2319 ranks 296th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 19.05% for property investors.

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 $500,000.

The upward trend in home prices in LEMON TREE PASSAGE, 2319 averaged 12.64% per annum over a 3-year period.

Average weekly rents on listings have reached the $390 mark, reflecting a 4.06% increase in returns based on the current median price in LEMON TREE PASSAGE.

An average of 5.58 real estate transactions take place per month in LEMON TREE PASSAGE which translates to 67 per annum.

67 properties were sold in LEMON TREE PASSAGE in 2016, making it the 206th most active market in NSW based on total real estate transactions.

LEMON TREE PASSAGE, 2319 places 85th 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 $500,000 N/A
GROWTH REPORT
Median Quarterly 8.45% N/A
Median 12 month 19.05% N/A
Median 3 years 37.93% N/A
Median 5 years 43.78% N/A
10 years average annual 6.27% N/A
Weekly media advert. rent $390 N/A
Time on Market 70.1 days N/A
Gross Rental Yield Percent 4.06% N/A
demographics (median values)
Total Population
2403
Weekly Household Income
666.2
Household Size
2.30
demographics
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