Lilyfield has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.02% to date .
A 61.07% growth in median value for property investors in Lilyfield,2040 puts this suburb at number 572th in terms of best performing suburbs in NSW
The most recent median price for Lilyfield is $1596250, with sellers offering an average of -2.60% off the asking price.
On average over the past year, suburb has had 8.33 sales per month, which equates to 100 per year.
Lilyfield, 2040’s gross rental yield is 2.61%
NSW has seen average median house prices change by 5.41% which means that Lilyfield, 2040 has done well for property investors by showing a capital gain of 18.39% over the last year
Over the longer term, Lilyfield has seen property prices show investors a 37.33% return over the last 3 years. This is worse than over the last 12 months
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.42% offered to property buyers. Sellers in Lilyfield itself are offering an average vendor discount of -1.74% to real estate investors.
Renters in Suburb are facing rents around $7200 per annum or $600 every week.