Suburb Profile Report for Lemon Tree Passage NSW (2319)

Lemon Tree Passage House: Median price $399,000, Annual capital growth 3.89%, Number of sales 93, Weekly median advertised rent $360

Lemon Tree Passage Unit: Median price $310,000, Annual capital growth N/A, Number of sales 10, Weekly median advertised rent $330

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 10.83% for the last 12 months, Lemon Tree Passage, 2319 has performed for property investments than its average annual 3.89% property growth over the last 5 years.

While Lemon Tree Passage,2319 ranked number 1032th in NSW for increase in median house value (annualised) increase, it is ranked 882th over the last 5 years.

LACK OF BUYER INTEREST may well be the reason that Lemon Tree Passage is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 885th in terms of most discounted suburbs in NSW

Lemon Tree Passage is 253th on a list of best yielding suburbs for rents in NSW with a 4.69% return

Advertised rents are around the $330 mark per week – giving a return of 5.54% based on the median price in Suburb

Metrics i HOUSE UNIT
$399,000 $310,000
0.00% 21.81%
10.83% N/A
3.89% N/A
$360 $330
93 10
4.69% 5.54%
94.4 N/A

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
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Recent sales & rentals