At number 2543th in the list of Australian suburbs ordered by increase in median house value over the last year, Lavington, 2641 is in the BOTTOM 40% with a property value increase of 2.06% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Lavington,2641 has racked up an average of 2.06% over the period. This ranks it number 2279th in the whole country for real estate investors looking at median house price increases.
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 Lavington itself are offering an average vendor discount of -6.24% to real estate investors.
In the last year 200 properties changed hands in Lavington, which puts it as the 65th most active market in NSW when comparing the number of sales per suburb.
Property investors should expect to get $285 weekly from the median priced house in this suburb.
Investment property in Lavington has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 15.75%
Lavington,2641 has offered an average of 15.75% return per annum in house price rises to property investors over the last three years.
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 Lavington, 2641. Typically our figures indicate that -6.75% is being offered, which puts this NSW suburb at 307th most discounted overall in Australia.
Lavington, 2641’s gross rental yield is 6.15%