AREA REPORTS

Lightning Ridge

NSW/
Lightning ridge

Suburb Profile

Lightning Ridge - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2834

house

LIGHTNING RIDGE, 2834 ranks 110th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 28.39% 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 $99,500.

The upward trend in home prices in LIGHTNING RIDGE, 2834 averaged 26.97% per annum over a 3-year period.

Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in LIGHTNING RIDGE.

An average of 2.75 real estate transactions take place per month in LIGHTNING RIDGE which translates to 33 per annum.

33 properties were sold in LIGHTNING RIDGE in 2016, making it the 632nd most active market in NSW based on total real estate transactions.

LIGHTNING RIDGE, 2834 places 194th 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 $99,500 N/A
GROWTH REPORT
Median Quarterly 4.74% N/A
Median 12 month 28.39% N/A
Median 3 years 80.91% N/A
Median 5 years 65.83% N/A
10 years average annual 1.82% N/A
Weekly media advert. rent N/A N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
2685
Weekly Household Income
444.9
Household Size
2.10
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Renovation

‘Sexy’ reno options for cashed-up tenants

Renters's expectations evolve over time, and renovations for an investment property should work to create a higher asking price from potenti...

Suburbs

5,000-plus rise in homes up for auction last quarter

While Australia’s capital cities saw a continuation of softening in auction clearance rates over the December quarter, there was a conside...

Perth skyline

Infrastructure, retail spend tipped to boost west coast city

A rise in private spending in one recovering state for infrastructure and resource-related projects is likely to increase the attractiveness...

Carpenter building a roof of a house

Building boom creating cheaper buys, new report says

Australia’s capital cities experienced a rise in housing affordability over the last quarter of 2018, which one senior economist said is m...

Hobart Australia

3 property hotspots from 2018: will they do well in 2019?

Smart Property Investment’s Phil Tarrant and Sasha Karen, together with Momentum Media’s James Mitchell, look back on property hotspots ...

Adelaide

Property investment areas to watch and avoid in 2019

Based on her knowledge and experience as a property valuer, investment adviser, market commentator and author, one expert shares some of the...