Lane Cove West has had a pretty good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 12.86% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lane Cove West has increased when compared to the 5 year average annual rate.
Property value increases in Lane Cove West have tracked close to the NSW average of 5.88% over the last 12 months.
In the last year 12 properties changed hands in Lane Cove West, which puts it as the 545th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $557.5 mark per week – giving a return of 3.68% based on the median price in Suburb