If you compare the increase in value of investment property in East Lismore, 2480 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was 1.56%.
Taking the average capital gain, or increase in median house value, East Lismore,2480 has racked up an average of 1.56% over the period. This ranks it number 2812th in the whole country for real estate investors looking at median house price increases.
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 East Lismore itself are offering an average vendor discount of -4.23% to real estate investors.
At number 1986 in a list of fastest selling suburbs, East Lismore is just in the bottom half of suburbs in Australia with an average of days on market 83.77 for properties listed there.
If we look at median property appreciation over just the last three months, East Lismore has given property investors a paper return of 2.72%. This puts Suburb as 183 on a list of fastest fasting appreciating suburbs in NSW
Advertised rents are around the $242.5 mark per week – giving a return of 4.95% based on the median price in Suburb