At number 1653th in the list of Australian suburbs ordered by increase in median house value over the last year, Lyneham, 2602 is in the top 40% with a property value increase of 6.67% recorded in median house prices.
If we look at median property appreciation over just the last three months, Lyneham has given property investors a paper return of -0.99%. This puts Suburb as 65 on a list of fastest fasting appreciating suburbs in ACT
A $520 per week rent on the median house gives suburb investors a gross yield of circa 3.38%, without taking into account capital value appreciation, which has been averaging out at 6.80%.
Property value increases in Lyneham have tracked just lower than the ACT average of -0.94% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lyneham has fallen somewhat when compared to the 5 year average annual rate.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Lyneham, 2602. Typically our figures indicate that -4.07% is being offered, which puts this ACT suburb at 1072th most discounted overall in Australia.
Renters in Suburb are facing rents around $4740 per annum or $395 every week.