Property investors who have had real estate in Lurnea, 2170 should be ok 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 8.34%
Over the longer term, Lurnea has seen property prices show investors a 51.09% return over the last 3 years. This is worse than over the last 12 months
At number 247th of NSW’s most discounted properties, Lurnea is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Residents and property investors in Lurnea have been waiting around 89.48 days to sell a property.
Lurnea, 2170’s gross rental yield is 3.22%
Investment property in Lurnea has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.15%
If we look at median property appreciation over just the last three months, Lurnea has given property investors a paper return of -0.55%. This puts Suburb as 438 on a list of fastest fasting appreciating suburbs in NSW
Property investors looking for a bargain in Lurnea should be aiming for at least -5.27% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 32 properties changed hands in Lurnea, which puts it as the 362th most active market in NSW when comparing the number of sales per suburb.
Lurnea, 2170’s gross rental yield is 3.80%