Suburb Profile Report for Lemon Tree Passage NSW (2319)

Lemon Tree Passage House: Median price $413,000, Annual capital growth 4.68%, Number of sales 76, Weekly median advertised rent $370

Lemon Tree Passage Unit: Median price $330,000, Annual capital growth N/A, Number of sales 15, Weekly median advertised rent $340

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

At number 2137th in the list of Australian suburbs ordered by increase in median house value over the last year, Lemon Tree Passage, 2319 is in the BOTTOM 50% with a property value increase of 5.90% recorded in median house prices.

Lemon Tree Passage,2319 was ranked 1163 in Australia by increase in median property value over the quarter.

Property buyers and investors in Lemon Tree Passage 2319 should be seeing an average reduction in asking price of around -3.34% . This means that Lemon Tree Passage is holding prices well when compared to other suburbs in NSW.

Renters in Suburb are facing rents around $4440 per annum or $370 every week.

Lemon Tree Passage is in the TOP 10% in NSW when comparing median price capital growth over the last year. Lemon Tree Passage gave property investors a very good capital gain figure when compared to the rest of the state, with 40.43%.

The most recent median price for Lemon Tree Passage is $330000, with sellers offering an average of -1.98% off the asking price.

Lemon Tree Passage is 57th on a list of best yielding suburbs for rents in NSW with a 5.36% return

Metrics i HOUSE UNIT
$413,000 $330,000
3.38% 6.45%
5.90% 40.43%
4.68% N/A
$370 $340
76 15
4.66% 5.36%
85.41 76.3

Source: CoreLogic

DSR Score for property investment : Very good (U), Good (H)
Find a mortgage broker in Lemon Tree Passage NSW
Demographics
Total population 2547
Median household income ($/weekly) 870
Median age of persons 47
Median housing loan repayment ($/monthly) 1517
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 298 11.7
    35-44 years 286 11.2
    45-54 years 347 13.6
    55-64 years 434 17.0
    65-74 years 390 15.3
    Others 793 31.1
    Age Group
    Census Count Percent(%)
    Registered Married 956 49.4
    Not Married 733 37.9
    Defacto Relationship 246 12.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2161 87.5
    Greece 20 0.8
    Papua New Guinea 47 1.9
    United Kingdom 135 5.5
    Other 20 0.8
    Others 86 3.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 9 0.4
    Christianity 1810 76.8
    Judaism 3 0.1
    Other Religious Groups 8 0.3
    No Religion 525 22.3
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 111 11.5
    $400-$599 158 16.4
    $600-$799 115 11.9
    $800-$999 122 12.6
    $1,500-$1,999 94 9.7
    Others 366 37.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1018 49.9
    Employed, worked full-time 546 26.8
    Employed, worked part-time 332 16.3
    Unemployed, looking for work 85 4.2
    Employed, away from work 60 2.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 117 12.4
    Technicians & trades workers 183 19.3
    Clerical & administrative workers 117 12.4
    Sales 110 11.6
    Machinery operators & drivers 107 11.3
    Others 312 33.0
    Occupation
    Census Count Percent(%)
    Pre-school 36 7.6
    Infants/Primary 192 40.7
    Secondary 124 26.3
    Technical or Further Educational Institution 54 11.4
    University or other Tertiary Institutions 51 10.8
    Others 15 3.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2206 89.9
    Semi-detached, row or terrace house, townhouse 193 7.9
    Flat, unit or apartment 28 1.1
    Caravan, cabin, houseboat 16 0.7
    House or flat attached to a shop, office 12 0.5
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 412 39.9
    Rented 328 31.8
    Being purchased 288 27.9
    Other tenure type 5 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals