Property investors who have had real estate in Point Lonsdale, 3225 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.90%
Over the longer term, Point Lonsdale has seen property prices show investors a -0.71% return over the last 3 years. This is an improvement over the last 12 months
Property investors looking for a bargain in Point Lonsdale should be aiming for at least -5.10% off the asking price, which is the average vendor discount being achieved at the moment.
Advertised rents are around the $380 mark per week – giving a return of 2.82% based on the median price in Suburb
Property value increases in Point Lonsdale have tracked higher than the VIC average of 4.83% over the last 12 months.
Taking the average capital gain, or increase in median house value, Point Lonsdale,3225 has racked up an average of 20.31% over the period. This ranks it number 183th in the whole country for real estate investors looking at median house price increases.
Point Lonsdale, 3225’s gross rental yield is 2.97%