Lakelands has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.02% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lakelands has increased when compared to the 5 year average annual rate.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Lakelands itself are offering an average vendor discount of -2.10% to real estate investors.
Residents and property investors in Lakelands have been waiting around 60.8 days to sell a property.
Situated 108.45km from the CBD, Lakelands is one of Lake Macquarie localities in the postcode 2282.