NSW has seen average median house prices change by 4.94% which means that Lindfield, 2070 has done well for property investors by showing a capital gain of 0.19% over the last year
A 94.08% growth in median value for property investors in Lindfield,2070 puts this suburb at number 843th in terms of best performing suburbs in NSW
Our latest figures would indicate that property sellers in Lindfield are currently offering property investors an average price cut of -8.92% below the asking price at the moment.
Lindfield, 2070’s gross rental yield is 2.19%
Over the last year, property investments in Lindfield, 2070 have given investors a capital gain of 9.66%. This compares very favourably with the 2.17% for NSW as a whole.
Over the longer term, Lindfield has seen property prices show investors a 20.69% return over the last 3 years. This is worse than over the last 12 months
Sellers are offering property buyers an average discount of -6.35% to buyers in Lindfield at the moment, which is less than average for the rest of NSW.
On average over the past year, suburb has had 6.58 sales per month, which equates to 79 per year.
Situated 8.17km 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