Over the last year, property investments in Lalor, 3075 have given investors a capital gain of 22.75%. This compares very favourably with the 11.00% for VIC as a whole.
Comparing Lalor,3075 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.26% offered to property buyers. Sellers in Lalor itself are offering an average vendor discount of -2.43% to real estate investors.
At number 1250 in a list of fastest selling suburbs, Lalor is in the TOP 40% of suburbs in Australia with an average of days on market 60.82 for properties listed there.
The VIC suburb of Lalor, 3075 is in the Whittlesea local government area.
Property value increases in Lalor have tracked just higher than the VIC average of 5.66% over the last 12 months.
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.
Vendor discounting in Lalor is giving property investors an average Vendor Discount of around -10.36%. This puts suburb at number 4th in VIC when ranking the most discounted suburbs.
Lalor, 3075’s gross rental yield is 4.51%