Giving property investors a an average capital gain of 5.49% for the last year, Lakelands, 2282 is the 2313th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Lakelands has given property investors a paper return of 2.76%. This puts Suburb as 553 on a list of fastest fasting appreciating suburbs in NSW
Our latest figures would indicate that property sellers in Lakelands are currently offering property investors an average price cut of -2.99% below the asking price at the moment.
A $445 per week rent on the median house gives suburb investors a gross yield of circa 3.11%, without taking into account capital value appreciation, which has been averaging out at 5.32%.