If you compare the increase in value of investment property in Lismore, 2480 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 7.21%.
Comparing Lismore,2480 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Lismore is offering property investors an average of -5.35. This rate of discount on properties puts Suburb at number 1024th in terms of most discounted suburbs in NSW
Often selling an investment property can take time, and in Lismore the average time real estate has been on the market is 58.93 days.
Using the current median advertised rental of $347.5 and the average annual increase in value of a median property of 2.09%, investors should hope to achieve an overall return of 5.92%