Giving property investors a a solid capital gain of 15.94% for the last year, Lilydale, 3140 is the 633th highest performer in Australia in this respect.
The five-year average increase in median property values for Lilydale,3140 has given property investors a potential capital gain of 56.68% across each of those five years.
Property buyers and investors in Lilydale 3140 should be seeing an average reduction in asking price of around -4.63% . This means that Lilydale is holding prices well when compared to other suburbs in VIC.
With the median price for a house in Lilydale being $680000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 2.91%
Property value increases in Lilydale have tracked just lower than the VIC average of 4.83% 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 Lilydale has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Lilydale are currently offering property investors an average price cut of -4.95% below the asking price at the moment.
With the median price for a house in Lilydale being $435000 and the advertised rent reaching $332.5 the gross rental yield for property investors calculates out to be 3.97%