VIC has seen average median house prices change by 8.27% which means that Lynbrook, 3975 has done well for property investors by showing a capital gain of 8.91% over the last year
The five-year average increase in median property values for Lynbrook,3975 has given property investors a potential capital gain of 33.50% across each of those five years.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.91% offered to property buyers. Sellers in Lynbrook itself are offering an average vendor discount of -3.51% to real estate investors.
On average over the past year, suburb has had 6.92 sales per month, which equates to 83 per year.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 5.96%, investors should hope to achieve an overall return of 3.78%