At number 732th in the list of Australian suburbs ordered by increase in median house value over the last year, Lake Heights, 2502 is in the top 20% with a property value increase of 13.25% recorded in median house prices.
The five-year average increase in median property values for Lake Heights,2502 has given property investors a potential capital gain of 44.39% across each of those five years.
Lake Heights2502 is located in NSW which offers an average discount of -5.55% to property investors. Lake Heights itself is showing figures that indicate -3.67% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 7.00 sales per month, which equates to 84 per year.
Lake Heights is 300th on a list of best yielding suburbs for rents in NSW with a 4.70% return
Investment property in Lake Heights has done poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -4.60%
If we look at median property appreciation over just the last three months, Lake Heights has given property investors a paper return of -3.49%. This puts Suburb as 467 on a list of fastest fasting appreciating suburbs in NSW
Lake Heights, 2502’s gross rental yield is 5.04%