Lemon Tree is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2259). With a population of 54, the suburb has an older demographic with a median age of 58. Households earn a median income of $102K per year, with an average household size of 2.7 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, German.
The median house price in Lemon Tree is $725,000, having dropped significantly 80.4% over the past year. The current median weekly rent is $660. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $2,167.
Public transport access includes 2 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Lemon Tree offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($725K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.1x is considered moderate. House prices have moved -80.4% year-on-year.
Lemon Tree is a quiet locality in New South Wales within the Central Coast (NSW) local government area (postcode 2259). With a population of 54, the suburb has an older demographic with a median age of 58. Households earn a median income of $102K per year, with an average household size of 2.7 people. The most common occupations are managers, professionals, labourers. The top ancestries reported are English, Australian, German.
The median house price in Lemon Tree is $725,000, having dropped significantly 80.4% over the past year. The current median weekly rent is $660. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $2,167.
Public transport access includes 2 bus stops. The crime rate in the Central Coast (NSW) LGA is below average at 3,528 incidents per 100,000 population.
From an investment perspective, Lemon Tree offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($725K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 7.1x is considered moderate. House prices have moved -80.4% year-on-year.