Over the last year, property investments in Lane Cove, 2066 have given investors a capital gain of 8.72%. This compares averagely with the 7.47% for NSW as a whole.
If we look at median property appreciation over just the last three months, Lane Cove has given property investors a paper return of 0.99%. This puts Suburb as 896 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Lane Cove are currently offering property investors an average price cut of -0.34% below the asking price at the moment.
On average over the past year, suburb has had 7.25 sales per month, which equates to 87 per year.
With the median price for a house in Lane Cove being $1995000 and the advertised rent reaching $985 the gross rental yield for property investors calculates out to be 2.57%
Lane Cove, 2066 ranked 292th in NSW when comparing growth in median property values or capital gain over the last 12 months. Lane Cove is one of 3163 in our list for NSW
Comparing Lane Cove,2066 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Lane Cove is $810500, with sellers offering an average of -4.67% off the asking price.
On average over the past year, suburb has had 17.25 sales per month, which equates to 207 per year.