Lane Cove West, 2066 ranked 802th in NSW when comparing growth in median property values or capital gain over the last 12 months. Lane Cove West is one of 3162 in our list for NSW
Lane Cove West,2066 has offered an average of 5.32% return per annum in house price rises to property investors over the last three years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.53% offered to property buyers. Sellers in Lane Cove West itself are offering an average vendor discount of -2.32% to real estate investors.
On average over the past year, suburb has had 2.08 sales per month, which equates to 25 per year.
With the median price for a house in Lane Cove West being $1782500 and the advertised rent reaching $850 the gross rental yield for property investors calculates out to be 2.48%
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.
Lane Cove West, 2066’s gross rental yield is 3.90%