At number 2498th in the list of Australian suburbs ordered by increase in median house value over the last year, Lalor Park, 2147 is in the BOTTOM 40% with a property value increase of 2.19% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Lalor Park,2147 has racked up an average of 2.19% over the period. This ranks it number 156th in the whole country for real estate investors looking at median house price increases.
Lalor Park2147 is located in NSW which offers an average discount of -5.53% to property investors. Lalor Park itself is showing figures that indicate -4.32% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Lalor Park the average time real estate has been on the market is 62.54 days.
Using the current median advertised rental of $410 and the average annual increase in value of a median property of 7.75%, investors should hope to achieve an overall return of 3.50%