South Lismore has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 3.92% to date .
Taking the average capital gain, or increase in median house value, South Lismore,2480 has racked up an average of 3.92% over the period. This ranks it number 2667th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in South Lismore are currently offering property investors an average price cut of -5.30% below the asking price at the moment.
With the median price for a house in South Lismore being $265000 and the advertised rent reaching $332.5 the gross rental yield for property investors calculates out to be 6.52%