At number 1912th in the list of Australian suburbs ordered by increase in median house value over the last year, Lurnea, 2170 is in the top half with a property value increase of 4.84% recorded in median house prices.
The five-year average increase in median property values for Lurnea,2170 has given property investors a potential capital gain of 77.32% across each of those five years.
Lurnea, 2170 is offering NSW ‘s 170th 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.
Often selling an investment property can take time, and in Lurnea the average time real estate has been on the market is 85.48 days.
Renters in Suburb are facing rents around $5160 per annum or $430 every week.
Property value increases in Lurnea have tracked higher than the NSW average of 5.59% over the last 12 months.
Lurnea,2170 has offered an average of 13.68% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Lurnea is offering property investors an average of -4.45. This rate of discount on properties puts Suburb at number 104th in terms of most discounted suburbs in NSW