With a capital gain of 11.34% for the last 12 months, Lyneham, 2602 has performed for property investments than its average annual 6.97% property growth over the last 5 years.
Across a shorter period, Lyneham, 2602 has seen a median price increase of 6.51% over the last quarter.
Situated 3.36km from the CBD, Lyneham is one of Unincorporated ACT localities in the postcode 2602.
Lyneham has had a quite poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of -6.48% to date .
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.
LACK OF BUYER INTEREST may well be the reason that Lyneham is offering property investors an average of -3.94. This rate of discount on properties puts Suburb at number 20th in terms of most discounted suburbs in ACT
A $400 per week rent on the median house gives suburb investors a gross yield of circa 5.39%, without taking into account capital value appreciation, which has been averaging out at 2.31%.