With a capital gain of 6.52% for the last 12 months, Lyneham, 2602 has performed for property investments than its average annual 6.01% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Lyneham comes in at number 17th in ACT.
With the median price for a house in Lyneham being $751000 and the advertised rent reaching $500 the gross rental yield for property investors calculates out to be 3.46%
If you compare the increase in value of investment property in Lyneham, 2602 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this ACT suburb was -7.01%.
The five-year average increase in median property values for Lyneham,2602 has given property investors a potential capital gain of -9.68% across each of those five years.
Vendor discounting in Lyneham is giving property investors an average Vendor Discount of around -3.49%. This puts suburb at number 27th in ACT when ranking the most discounted suburbs.
On average over the past year, suburb has had 6.58 sales per month, which equates to 79 per year.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 2.65%, investors should hope to achieve an overall return of 5.45%