With a capital gain of 7.69% for the last 12 months, Lithgow, 2790 has performed for property investments than its average annual 4.20% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Lithgow comes in at number 1013th in NSW.
Our latest figures would indicate that property sellers in Lithgow are currently offering property investors an average price cut of -3.43% below the asking price at the moment.
On average over the past year, suburb has had 12.92 sales per month, which equates to 155 per year.
With the median price for a house in Lithgow being $280000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 5.39%
NSW has seen average median house prices change by 5.88% which means that Lithgow, 2790 has done well for property investors by showing a capital gain of 3.38% over the last year