Skip to main content

Lemon Tree Passage vs Lenaghan

Property investment comparison - Lemon Tree Passage, NSW 2319 vs Lenaghan, NSW 2322

Head-to-head across core investment metrics: Lemon Tree Passage wins 1, Lenaghan wins 1. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.

MetricLemon Tree PassageLenaghan
Median house price$765K$765K
Median unit price-$535K
Gross rental yield (houses)4.10%4.93%
Gross rental yield (units)4.78%-
1-year house growth+4.1%-
3-year house growth+23.4%-
Vacancy rate1.5%2.6%
Population2,68670

Lemon Tree Passage vs Lenaghan: what the numbers say

Houses cost about the same in both suburbs: the median house price is $765K in Lemon Tree Passage and $765K in Lenaghan.

On cash flow, Lenaghan leads: houses there return a gross rental yield of 4.93%, compared with 4.10% in Lemon Tree Passage, a gap of 0.83 percentage points.

Rental vacancy is 1.5% in Lemon Tree Passage and 2.6% in Lenaghan, so landlords in Lemon Tree Passage face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Lemon Tree Passage is the bigger suburb, with a population of 2,686 against 70, roughly 38 times the size of Lenaghan; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Lenaghan for rental income, Lemon Tree Passage for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

Keep exploring

Compare any 2-4 Australian suburbs

Build your own multi-suburb comparison with the full interactive tool.

Open interactive comparison