Suburb Profile Report for Lemon Tree Passage NSW (2319)

Lemon Tree Passage House: Median price $403,000, Annual capital growth 4.36%, Number of sales 82, Weekly median advertised rent $370

Lemon Tree Passage Unit: Median price $310,000, Annual capital growth 31.91%, Number of sales 13, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

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

Metrics i HOUSE UNIT
$403,000 $310,000
1.00% N/A
7.47% 31.91%
4.36% 31.91%
$370 $330
82 13
4.77% 5.54%
88.83 63.81

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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