NSW has seen average median house prices change by 8.26% which means that Lewisham, 2049 has done well for property investors by showing a capital gain of 1.11% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lewisham has increased when compared to the 5 year average annual rate.
Using the current median advertised rental of $740 and the average annual increase in value of a median property of 8.98%, investors should hope to achieve an overall return of 2.82%
Lewisham is an average performer in NSW when comparing median price capital growth over the last year. Lewisham gave property investors a average capital gain figure when compared to the rest of the state, with 3.47%.
The five-year average increase in median property values for Lewisham,2049 has given property investors a potential capital gain of 96.24% across each of those five years.
Lewisham, 2049 is offering NSW ‘s 236th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.
Residents and property investors in Lewisham have been waiting around 70.09 days to sell a property.
Lewisham is 551th on a list of best yielding suburbs for rents in NSW with a 2.85% return