NSW/
Lightning ridge

Suburb Profile

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

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LIGHTNING RIDGE, 2834 ranks 504th on the best performing suburbs in Australia in terms of capital gains, returning capital gains of 17.33% 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 $110,000.

The upward trend in home prices in LIGHTNING RIDGE, 2834 averaged 14.91% 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 2.33 real estate transactions take place per month in LIGHTNING RIDGE which translates to 28 per annum.

28 properties were sold in LIGHTNING RIDGE in 2016, making it the 699th most active market in NSW based on total real estate transactions.

LIGHTNING RIDGE, 2834 places 33rd in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $110,000 N/A
GROWTH REPORT
Median Quarterly 12.82% N/A
Median 12 month 17.33% N/A
Median 3 years 44.74% N/A
Median 5 years 37.5% N/A
10 years average annual 1.79% 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
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Lightning Ridge, NSW
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