Lyons has had a A very good year for property investment returns compared to the rest of ACT, giving investors a capital gain of 13.56% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lyons has increased when compared to the 5 year average annual rate.
Situated 8.54km from the CBD, Lyons is one of Unincorporated ACT localities in the postcode 2606.
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 -15.78%
If we look at median property appreciation over just the last three months, Lyons has given property investors a paper return of -4.77%. This puts Suburb as 62 on a list of fastest fasting appreciating suburbs in ACT
Property investors looking for a bargain in Lyons should be aiming for at least -3.99% off the asking price, which is the average vendor discount being achieved at the moment.
Property investors should expect to get $345 weekly from the median priced house in this suburb.