At number 604th in the list of Australian suburbs ordered by increase in median house value over the last year, Lalor, 3075 is in the top 20% with a property value increase of 14.63% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Lalor,3075 has racked up an average of 14.63% over the period. This ranks it number 1067th in the whole country for real estate investors looking at median house price increases.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.99% offered to property buyers. Sellers in Lalor itself are offering an average vendor discount of -10.28% to real estate investors.
VIC has seen average median house prices change by 3.56% which means that Lalor, 3075 has done well for property investors by showing a capital gain of 6.08% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lalor has increased when compared to the 5 year average annual rate.
Lalor3075 is located in VIC which offers an average discount of -5.33% to property investors. Lalor itself is showing figures that indicate -7.14% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $310 mark per week – giving a return of 4.74% based on the median price in Suburb