Property investors who have had real estate in Lyons, 2606 should be relatively pleased with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.99%
A 22.10% growth in median value for property investors in Lyons,2606 puts this suburb at number 75th in terms of best performing suburbs in ACT
Advertised rents are around the $480 mark per week – giving a return of 3.30% based on the median price in Suburb
Property investors who have had real estate in Lyons, 2606 should be unhappy with this ACT suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -37.93%
Comparing Lyons,2606 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property buyers and investors in Lyons 2606 should be seeing an average reduction in asking price of around -5.08% . This means that Lyons is holding prices well when compared to other suburbs in ACT.
Often selling an investment property can take time, and in Lyons the average time real estate has been on the market is 100.43 days.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 5.39%, investors should hope to achieve an overall return of 6.36%