Suburb Profile Report for Lindfield NSW (2070)

Lindfield House: Median price $2,468,000, Annual capital growth 7.77%, Number of sales 77, Weekly median advertised rent $1,200

Lindfield Unit: Median price $978,500, Annual capital growth 4.71%, Number of sales 80, Weekly median advertised rent $620

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

Investment property in Lindfield has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -5.80%

While Lindfield,2070 ranked number 84th in NSW for increase in median house value (annualised) increase, it is ranked 403th over the last 5 years.

Sellers are offering property buyers an average discount of -5.89% to buyers in Lindfield at the moment, which is less than average for the rest of NSW.

Often selling an investment property can take time, and in Lindfield the average time real estate has been on the market is 72.2963 days.

Using the current median advertised rental of $1200 and the average annual increase in value of a median property of 7.77%, investors should hope to achieve an overall return of 2.53%

Investment property in Lindfield has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -9.40%

While Lindfield,2070 ranked number 507th in NSW for increase in median house value (annualised) increase, it is ranked 184th over the last 5 years.

Vendor discounting in Lindfield is giving property investors an average Vendor Discount of around -6.57%. This puts suburb at number 190th in NSW when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Lindfield the average time real estate has been on the market is 93.92 days.

Situated 10.55km from the CBD, Lindfield is one of Ku-ring-gai (A) localities in the postcode 2070.

Information supplied by:


September 2018

M
O

W
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Supply soars in premium suburb

Postcode: 2070

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.

Metrics i HOUSE UNIT
$2,468,000 $978,500
6.61% -13.41%
-5.80% -9.40%
7.77% 4.71%
$1,200 $620
77 80
2.53% 3.29%
72.2962962962963 93.92

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 8656
Median household income ($/weekly) 2414
Median age of persons 40
Median housing loan repayment ($/monthly) 3000
Average household size 2.9
  • Census Count Percent(%)
    5-14 years 1381 16.0
    15-19 years 696 8.0
    35-44 years 1183 13.7
    45-54 years 1431 16.5
    55-64 years 1005 11.6
    Others 2961 34.2
    Age Group
    Census Count Percent(%)
    Registered Married 3629 58.1
    Not Married 2400 38.5
    Defacto Relationship 212 3.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 5228 63.1
    Croatia 388 4.7
    India 313 3.8
    United Kingdom 494 6.0
    Other 434 5.2
    Others 1431 17.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 267 3.3
    Christianity 5238 65.7
    Hinduism 138 1.7
    Judaism 188 2.4
    No Religion 2021 25.3
    Others 126 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 247 9.7
    $2,000-$2,499 174 6.8
    $2,500-$2,999 439 17.2
    $3,000-$3,499 258 10.1
    $4,000 or more 397 15.6
    Others 1037 40.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2466 38.0
    Not in the labour force 2315 35.7
    Employed, worked part-time 1330 20.5
    Employed, away from work 204 3.1
    Unemployed, looking for work 178 2.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 809 20.2
    Professionals 1595 39.9
    Community & personal service workers 271 6.8
    Clerical & administrative workers 577 14.4
    Sales 326 8.2
    Others 419 10.5
    Occupation
    Census Count Percent(%)
    Pre-school 202 7.5
    Infants/Primary 901 33.3
    Secondary 814 30.1
    Technical or Further Educational Institution 108 4.0
    University or other Tertiary Institutions 628 23.2
    Others 53 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6181 76.5
    Flat, unit or apartment 1640 20.3
    Semi-detached, row or terrace house, townhouse 260 3.2
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1249 43.9
    Being purchased 979 34.4
    Rented 594 20.9
    Other tenure type 23 0.8
    Tenure Type
Census 2011, ABS
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