Investment property in Lismore Heights has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.67%
Comparing Lismore Heights,2480 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Our latest figures would indicate that property sellers in Lismore Heights are currently offering property investors an average price cut of -6.09% below the asking price at the moment.
In the last year 50 properties changed hands in Lismore Heights, which puts it as the 649th most active market in NSW when comparing the number of sales per suburb.
Advertised rents are around the $347.5 mark per week – giving a return of 5.16% based on the median price in Suburb
Lismore Heights has had a very poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of -3.36% to date .
A -13.21% growth in median value for property investors in Lismore Heights,2480 puts this suburb at number 459th in terms of best performing suburbs in NSW
Property buyers and investors in Lismore Heights 2480 should be seeing an average reduction in asking price of around -4.38% . This means that Lismore Heights is holding prices well when compared to other suburbs in NSW.
In the last year 24 properties changed hands in Lismore Heights, which puts it as the 409th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $282.5 weekly from the median priced house in this suburb.