Giving property investors a an average capital gain of 2.27% for the last year, Lake Illawarra, 2528 is the 2439th highest performer in Australia in this respect.
Taking the average capital gain, or increase in median house value, Lake Illawarra,2528 has racked up an average of 2.27% over the period. This ranks it number 673th in the whole country for real estate investors looking at median house price increases.
Lake Illawarra, 2528 is offering NSW ‘s 276th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this NSW.
With the median price for a house in Lake Illawarra being $450000 and the advertised rent reaching $415 the gross rental yield for property investors calculates out to be 4.80%
Lake Illawarra has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.57% to date .
If we look at median property appreciation over just the last three months, Lake Illawarra has given property investors a paper return of -2.67%. This puts Suburb as 485 on a list of fastest fasting appreciating suburbs in NSW
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Lake Illawarra, 2528. Typically our figures indicate that -3.08% is being offered, which puts this NSW suburb at 1302th most discounted overall in Australia.
The NSW suburb of Lake Illawarra, 2528 is in the Shellharbour local government area.