Over the last year, property investments in Lake Heights, 2502 have given investors a capital gain of 11.79%. This compares favourably with the 6.38% for NSW as a whole.
While Lake Heights,2502 ranked number 136th in NSW for increase in median house value (annualised) increase, it is ranked 503th over the last 5 years.
Property buyers and investors in Lake Heights 2502 should be seeing an average reduction in asking price of around -3.81% . This means that Lake Heights is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Lake Heights the average time real estate has been on the market is 60.98 days.
Lake Heights is 344th on a list of best yielding suburbs for rents in NSW with a 4.40% 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 -18.90%
If we look at median property appreciation over just the last three months, Lake Heights has given property investors a paper return of -10.84%. This puts Suburb as 549 on a list of fastest fasting appreciating suburbs in NSW
Lake Heights, 2502’s gross rental yield is 6.25%