With a capital gain of 0.36% for the last 12 months, Lakes Entrance, 3909 has performed for property investments than its average annual 0.88% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Lakes Entrance,3909 has racked up an average of 0.36% over the period. This ranks it number 2608th in the whole country for real estate investors looking at median house price increases.
Lakes Entrance3909 is located in VIC which offers an average discount of -5.53% to property investors. Lakes Entrance itself is showing figures that indicate -7.22% is the average achievable by property buyers investing in the suburb.
Property investors should expect to get $285 weekly from the median priced house in this suburb.
VIC has seen average median house prices change by 4.79% which means that Lakes Entrance, 3909 has done well for property investors by showing a capital gain of -5.56% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lakes Entrance has fallen somewhat when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Lakes Entrance is offering property investors an average of -4.87. This rate of discount on properties puts Suburb at number 26th in terms of most discounted suburbs in VIC