VIC has seen average median house prices change by 9.04% which means that Lalor, 3075 has done well for property investors by showing a capital gain of 13.85% over the last year
Taking the average capital gain, or increase in median house value, Lalor,3075 has racked up an average of 13.85% over the period. This ranks it number 906th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Lalor should be aiming for at least -8.95% off the asking price, which is the average vendor discount being achieved at the moment.
At number 1941 in a list of fastest selling suburbs, Lalor is just in the bottom half of suburbs in Australia with an average of days on market 81.18 for properties listed there.
Using the current median advertised rental of $340 and the average annual increase in value of a median property of 7.80%, investors should hope to achieve an overall return of 3.41%
Lalor, 3075 ranked 205th in VIC when comparing growth in median property values or capital gain over the last 12 months. Lalor is one of 2098 in our list for VIC
When looking at the potential capital gains offered to property investors over the last 3 years, Lalor comes in at number 169th in VIC.
Lalor3075 is located in VIC which offers an average discount of -5.03% to property investors. Lalor itself is showing figures that indicate -7.21% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Lalor the average time real estate has been on the market is 151.57 days.
Property investors should expect to get $317 weekly from the median priced house in this suburb.