Investment property in East Lismore has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.54%
East Lismore,2480 was ranked 2486 in Australia by increase in median property value over the quarter.
The most recent median price for East Lismore is $320000, with sellers offering an average of -4.40% off the asking price.
The NSW suburb of East Lismore, 2480 is in the Lismore local government area.
A $232.5 per week rent on the median house gives suburb investors a gross yield of circa 4.75%, without taking into account capital value appreciation, which has been averaging out at 14.76%.