Over the last year, property investments in Lyndhurst, 3975 have given investors a capital gain of 10.19%. This compares favourably with the 7.80% for VIC as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lyndhurst has increased when compared to the 5 year average annual rate.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.04% offered to property buyers. Sellers in Lyndhurst itself are offering an average vendor discount of -3.17% to real estate investors.
On average over the past year, suburb has had 9.08 sales per month, which equates to 109 per year.
Advertised rents are around the $400 mark per week – giving a return of 3.63% based on the median price in Suburb