Property value increases in Lemon Tree Passage have tracked close to the NSW average of 9.74% over the last 12 months.
While Lemon Tree Passage,2319 ranked number 999th in NSW for increase in median house value (annualised) increase, it is ranked 874th over the last 5 years.
Lemon Tree Passage2319 is located in NSW which offers an average discount of -5.35% to property investors. Lemon Tree Passage itself is showing figures that indicate -4.36% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 6.83 sales per month, which equates to 82 per year.
Over the last year, property investments in Lemon Tree Passage, 2319 have given investors a capital gain of 31.91%. This compares very favourably with the 6.96% for NSW as a whole.
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.23% offered to property buyers. Sellers in Lemon Tree Passage itself are offering an average vendor discount of -2.53% to real estate investors.
Often selling an investment property can take time, and in Lemon Tree Passage the average time real estate has been on the market is 63.81 days.
Lemon Tree Passage is 52th on a list of best yielding suburbs for rents in NSW with a 5.54% return