If you compare the increase in value of investment property in Lalor, 3075 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 12.11%.
Lalor,3075 was ranked 1165 in Australia by increase in median property value over the quarter.
At number 141th of VIC’s most discounted properties, Lalor is in the bottom 30% of the state/territory when listing in order of most discounted to least.
Property investors should expect to get $340 weekly from the median priced house in this suburb.
Lalor is an average performer in VIC when comparing median price capital growth over the last year. Lalor gave property investors a good capital gain figure when compared to the rest of the state, with 5.35%.
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.
At number 129th of VIC’s most discounted properties, Lalor is in the middle of the state/territory when listing in order of most discounted to least.
At number 1385 in a list of fastest selling suburbs, Lalor is in the bottom 10% of suburbs in Australia with an average of days on market 128.63 for properties listed there.
A $310 per week rent on the median house gives suburb investors a gross yield of circa 4.68%, without taking into account capital value appreciation, which has been averaging out at 5.52%.