Lindfield is in the bottom 30% in NSW when comparing median price capital growth over the last year. Lindfield gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.13%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lindfield has increased when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -8.88% to buyers in Lindfield at the moment, which is less than average for the rest of NSW.
With the median price for a house in Lindfield being $2647500 and the advertised rent reaching $1130 the gross rental yield for property investors calculates out to be 2.22%
Lindfield has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.99% to date .
Comparing Lindfield,2070 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -7.59% to buyers in Lindfield at the moment, which is less than average for the rest of NSW.
Situated 7.86km from the CBD, Lindfield is one of Ku-ring-gai localities in the postcode 2070.
The suburb of Lindfield is in the Upper North Shore region of Sydney, 13km northwest of the CBD. In the 12 months to June 2018, it has seen remarkable growth both in demand and supplyFull summary
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Supply soars in premium suburb
Median unit price: $1,060,000
Stock on market: 83.7%
12-month growth: 11.2%
The suburb of Lindfield is in the Upper North Shore region of Sydney, 13km northwest of the CBD. In the 12 months to June 2018, it has seen remarkable growth both in demand and supply.
The stock of units and houses in the market rose significantly in this period, with stock on market rising by a significant 83.7%. Supporting the increased supply, however, is considerable demand – Lindfield’s unit market recorded 11.2% growth over the year, causing the median apartment value to pass the $1 million mark. This continues a strong streak of positive growth that has been observed since 2013. Units have also been selling fairly quickly, spending less than two months on the market.
Lindfield is bordered by the bushlands of Garigal National park and Lane Cove National Park. The established suburb is known for its laid-back atmosphere and leafy environment.Close