NSW has seen average median house prices change by 10.13% which means that Lismore Heights, 2480 has done well for property investors by showing a capital gain of 10.26% over the last year
While Lismore Heights,2480 ranked number 916th in NSW for increase in median house value (annualised) increase, it is ranked 1167th over the last 5 years.
Vendor discounting in Lismore Heights is giving property investors an average Vendor Discount of around -4.42%. This puts suburb at number 730th in NSW when ranking the most discounted suburbs.
Often selling an investment property can take time, and in Lismore Heights the average time real estate has been on the market is 91.97 days.
With the median price for a house in Lismore Heights being $360000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 5.06%
Giving property investors a a poor capital gain of -9.84% for the last year, Lismore Heights, 2480 is the 1567th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Lismore Heights has given property investors a paper return of 1.78%. This puts Suburb as 278 on a list of fastest fasting appreciating suburbs in NSW
The most recent median price for Lismore Heights is $229000, with sellers offering an average of -4.57% off the asking price.
A $290 per week rent on the median house gives suburb investors a gross yield of circa 6.59%, without taking into account capital value appreciation, which has been averaging out at 1.01%.