Powered by MOMENTUM MEDIA
Lightning Ridge
AREA REPORTS

Lightning Ridge

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

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 $90,000.

The upward trend in home prices in LIGHTNING RIDGE, 2834 averaged 12.82% 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 3.08 real estate transactions take place per month in LIGHTNING RIDGE which translates to 37 per annum.

37 properties were sold in LIGHTNING RIDGE in 2016, making it the 564th most active market in NSW based on total real estate transactions.

LIGHTNING RIDGE, 2834 places 25th in Australia based on median property value growth during the quarter.

Data report can be found below

Lightning Ridge
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $90,000 N/A
GROWTH REPORT
Median Quarterly 20% N/A
Median 12 month N/A N/A
Median 3 years 38.46% N/A
Median 5 years 50% N/A
10 years average annual 2.35% 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
2340
Weekly Household Income
676
Household Size
2.00
Age
51
Monthly Loan Repayment
846
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Get the latest news & updates

Join a community of over 100,000 property investors.

Check this box to receive podcast updates

Related Articles


Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.