With a capital gain of 1.20% for the last 12 months, Lismore, 2480 has performed for property investments than its average annual 2.02% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Lismore,2480 has racked up an average of 1.20% over the period. This ranks it number 2720th in the whole country for real estate investors looking at median house price increases.
Property buyers and investors in Lismore 2480 should be seeing an average reduction in asking price of around -3.89% . This means that Lismore is holding prices well when compared to other suburbs in NSW.
At number 1421 in a list of fastest selling suburbs, Lismore is in the TOP 40% of suburbs in Australia with an average of days on market 70.37 for properties listed there.
Using the current median advertised rental of $330 and the average annual increase in value of a median property of 2.02%, investors should hope to achieve an overall return of 5.82%
Lismore, 2480’s gross rental yield is 6.48%