AREA REPORTS

Lightning Ridge

 

 

NSW/
Lightning ridge

Suburb Profile

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

house

LIGHTNING RIDGE, 2834 ranks 65th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 30.92% 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 29.84% 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 real estate transactions take place per month in LIGHTNING RIDGE which translates to 36 per annum.

36 properties were sold in LIGHTNING RIDGE in 2016, making it the 574th most active market in NSW based on total real estate transactions.

LIGHTNING RIDGE, 2834 places 259th 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 2.58% N/A
Median 12 month 30.92% N/A
Median 3 years 89.52% N/A
Median 5 years 28.39% N/A
10 years average annual -1% 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
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