LEMON TREE PASSAGE, 2319 ranks 2320th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 5.26% 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 $420,000.
The upward trend in home prices in LEMON TREE PASSAGE, 2319 averaged 10.62% per annum over a 3-year period.
Average weekly rents on listings have reached the $380 mark, reflecting a 4.7% increase in returns based on the current median price in LEMON TREE PASSAGE.
An average of 6 real estate transactions take place per month in LEMON TREE PASSAGE which translates to 72 per annum.
72 properties were sold in LEMON TREE PASSAGE in 2016, making it the 159th most active market in NSW based on total real estate transactions.
LEMON TREE PASSAGE, 2319 places 475th in Australia based on median property value growth during the quarter.
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 $325,000.
Average median unit prices in NSW have risen as a whole, pulling LEMON TREE PASSAGE, 2319 values up and netting property investors a capital gain of 14.84% for the past year.
Investors saw the median home price rise to $325,000.
LEMON TREE PASSAGE now ranks at the 417th place on a list of fastest growing suburbs in the territory.
It is expected for properties to spend some time on the market prior to a successful sale. In LEMON TREE PASSAGE, homes and units usually stay on listing for an average of 0.0 days.
12 properties were sold in LEMON TREE PASSAGE in 2016, making it the 555th most active market in NSW based on total real estate transactions.
Based on what is coming out of the Royal...
What about the ACT?
When an industry person not from WA...
Independent Financial Adviser
Real Estate Business
Smart Property Investment
Which Investment Property
Australian Law Awards
Corporate Counsel Awards
30 Under Thirty
Partner of the Year
Women in Law
Better Business Summit
Australian Broking Awards
New Broker Academy
Bootcamp SME Broker
Australian Accounting Awards
ifa Excellence Awards
Women in Finance Awards
Adviser Innovation Summit
Tax & Legal