At number 1913th in the list of Australian suburbs ordered by increase in median house value over the last year, Lake Heights, 2502 is in the top half with a property value increase of 5.37% recorded in median house prices.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lake Heights has increased when compared to the 5 year average annual rate.
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Lake Heights itself are offering an average vendor discount of -4.73% to real estate investors.
Residents and property investors in Lake Heights have been waiting around 57.56 days to sell a property.