VIC has seen average median house prices change by 8.12% which means that Point Lonsdale, 3225 has done well for property investors by showing a capital gain of 2.38% over the last year
If we look at median property appreciation over just the last three months, Point Lonsdale has given property investors a paper return of 1.98%. This puts Suburb as 318 on a list of fastest fasting appreciating suburbs in VIC
Property buyers and investors in Point Lonsdale 3225 should be seeing an average reduction in asking price of around -4.78% . This means that Point Lonsdale is holding prices well when compared to other suburbs in VIC.
In the last year 77 properties changed hands in Point Lonsdale, which puts it as the 322th most active market in VIC when comparing the number of sales per suburb.
Point Lonsdale, 3225’s gross rental yield is 3.06%
Investment property in Point Lonsdale has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 27.08%
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 increased when compared to the 5 year average annual rate.
With the median price for a house in Point Lonsdale being $610000 and the advertised rent reaching $330 the gross rental yield for property investors calculates out to be 2.81%