NSW has seen average median house prices change by 2.31% which means that Lindfield, 2070 has done well for property investors by showing a capital gain of -8.04% over the last year
Comparing Lindfield,2070 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Advertised rents are around the $1150 mark per week – giving a return of 2.32% based on the median price in Suburb
Property value increases in Lindfield have tracked higher than the NSW average of 1.12% over the last 12 months.
Lindfield,2070 was ranked 224 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Lindfield is offering property investors an average of -5.90. This rate of discount on properties puts Suburb at number 416th in terms of most discounted suburbs in NSW
With the median price for a house in Lindfield being $1105000 and the advertised rent reaching $670 the gross rental yield for property investors calculates out to be 3.15%
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