Lilydale has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 17.08% to date .
Comparing Lilydale,3140 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Lilydale, 3140. Typically our figures indicate that -5.23% is being offered, which puts this VIC suburb at 2414th most discounted overall in Australia.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 3.18%, without taking into account capital value appreciation, which has been averaging out at 6.73%.
Investment property in Lilydale has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.64%
Across a shorter period, Lilydale, 3140 has seen a median price increase of 0.61% over the last quarter.
Sellers are offering property buyers an average discount of -4.18% to buyers in Lilydale at the moment, which is less than average for the rest of VIC.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 4.16%, without taking into account capital value appreciation, which has been averaging out at 6.71%.