Property value increases in Lismore Heights have tracked just higher than the NSW average of 7.47% over the last 12 months.
While Lismore Heights,2480 ranked number 346th in NSW for increase in median house value (annualised) increase, it is ranked 1151th over the last 5 years.
The most recent median price for Lismore Heights is $350250, with sellers offering an average of -5.26% off the asking price.
Advertised rents are around the $350 mark per week – giving a return of 5.20% based on the median price in Suburb
Property value increases in Lismore Heights have tracked lower than the NSW average of 5.88% over the last 12 months.
The five-year average increase in median property values for Lismore Heights,2480 has given property investors a potential capital gain of -11.15% across each of those five years.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Lismore Heights itself are offering an average vendor discount of -4.74% to real estate investors.
Renters in Suburb are facing rents around $3480 per annum or $290 every week.