Giving property investors a a stable capital gain of 8.00% for the last year, Lurnea, 2170 is the 1454th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Lurnea has given property investors a paper return of 2.05%. This puts Suburb as 478 on a list of fastest fasting appreciating suburbs in NSW
LACK OF BUYER INTEREST may well be the reason that Lurnea is offering property investors an average of -5.55. This rate of discount on properties puts Suburb at number 200th in terms of most discounted suburbs in NSW
In the last year 103 properties changed hands in Lurnea, which puts it as the 269th most active market in NSW when comparing the number of sales per suburb.
Lurnea is 751th on a list of best yielding suburbs for rents in NSW with a 3.45% return
Investment property in Lurnea has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.66%
A 88.92% growth in median value for property investors in Lurnea,2170 puts this suburb at number 117th in terms of best performing suburbs in NSW
At number 223th of NSW’s most discounted properties, Lurnea is in the middle of the state/territory when listing in order of most discounted to least.
A $412.5 per week rent on the median house gives suburb investors a gross yield of circa 4.13%, without taking into account capital value appreciation, which has been averaging out at 7.89%.