Property investors who have had real estate in Point Lonsdale, 3225 should be relatively unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -3.76%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Point Lonsdale has fallen somewhat when compared to the 5 year average annual rate.
Sellers are offering property buyers an average discount of -4.78% to buyers in Point Lonsdale at the moment, which is less than average for the rest of VIC.
In the last year 89 properties changed hands in Point Lonsdale, which puts it as the 291th most active market in VIC when comparing the number of sales per suburb.
Point Lonsdale, 3225’s gross rental yield is 3.09%
If you compare the increase in value of investment property in Point Lonsdale, 3225 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 30.00%.
While Point Lonsdale,3225 ranked number 4th in VIC for increase in median house value (annualised) increase, it is ranked 3rd over the last 5 years.
Our latest figures would indicate that property sellers in Point Lonsdale are currently offering property investors an average price cut of -4.39% below the asking price at the moment.
Advertised rents are around the $330 mark per week – giving a return of 2.78% based on the median price in Suburb