East Lismore is in the bottom 20% in NSW when comparing median price capital growth over the last year. East Lismore gave property investors a dismal capital gain figure when compared to the rest of the state, with -2.29%.
Taking the average capital gain, or increase in median house value, East Lismore,2480 has racked up an average of -2.29% over the period. This ranks it number 2911th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in East Lismore are currently offering property investors an average price cut of -4.34% below the asking price at the moment.
Using the current median advertised rental of $350 and the average annual increase in value of a median property of 2.24%, investors should hope to achieve an overall return of 5.69%
While East Lismore,2480 ranked number 32th in NSW for increase in median house value (annualised) increase, it is ranked 483th over the last 5 years.
On average over the past year, suburb has had 1.00 sales per month, which equates to 12 per year.