Investment property in Lyneham has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 4.55%
Lyneham,2602 was ranked 3022 in Australia by increase in median property value over the quarter.
Property value increases in Lyneham have tracked just lower than the ACT average of 0.57% over the last 12 months.
If we look at median property appreciation over just the last three months, Lyneham has given property investors a paper return of 3.05%. This puts Suburb as 16 on a list of fastest fasting appreciating suburbs in ACT
Property investors looking for a bargain in Lyneham should be aiming for at least -4.26% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 6.25 sales per month, which equates to 75 per year.
Situated 3.33km from the CBD, Lyneham is one of Unincorporated ACT localities in the postcode 2602.