NSW has seen average median house prices change by 7.28% which means that Lurnea, 2170 has done well for property investors by showing a capital gain of 4.80% over the last year
The five-year average increase in median property values for Lurnea,2170 has given property investors a potential capital gain of 77.75% across each of those five years.
Lurnea, 2170 is offering NSW ‘s 169th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.
Lurnea is 751th on a list of best yielding suburbs for rents in NSW with a 3.39% return
Property investors who have had real estate in Lurnea, 2170 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 14.58%
Over the longer term, Lurnea has seen property prices show investors a 63.69% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Lurnea itself are offering an average vendor discount of -3.74% to real estate investors.
Residents and property investors in Lurnea have been waiting around 33.26 days to sell a property.
A $417.5 per week rent on the median house gives suburb investors a gross yield of circa 3.95%, without taking into account capital value appreciation, which has been averaging out at 8.25%.