If you compare the increase in value of investment property in Lurnea, 2170 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.99%.
Lurnea,2170 has offered an average of 7.99% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in Lurnea should be aiming for at least -7.57% off the asking price, which is the average vendor discount being achieved at the moment.
Giving property investors a a stable capital gain of 10.00% for the last year, Lurnea, 2170 is the 433th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Lurnea,2170 has racked up an average of 10.00% over the period. This ranks it number 98th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Lurnea are currently offering property investors an average price cut of -3.74% below the asking price at the moment.
At number 13 in a list of fastest selling suburbs, Lurnea is in the TOP 10% of suburbs in Australia with an average of days on market 25.58 for properties listed there.
Property investors should expect to get $410 weekly from the median priced house in this suburb.