Suburb Profile Report for Lyndhurst VIC (3975)

Lyndhurst House: Median price $642,000, Annual capital growth 6.72%, Number of sales 102, Weekly median advertised rent $410

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report

If you compare the increase in value of investment property in Lyndhurst, 3975 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 13.63%.

Lyndhurst,3975 has offered an average of 13.63% return per annum in house price rises to property investors over the last three years.

Lyndhurst, 3975 is offering VIC ‘s 540th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this VIC.

Often selling an investment property can take time, and in Lyndhurst the average time real estate has been on the market is 34.41 days.

With the median price for a house in Lyndhurst being $642000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 3.32%

Metrics i HOUSE UNIT
$642,000 N/A
6.91% N/A
13.63% N/A
6.72% N/A
$410 N/A
102 N/A
3.32% N/A
34.41 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 4896
Median household income ($/weekly) 1822
Median age of persons 30
Median housing loan repayment ($/monthly) 2266
Average household size 3
  • Census Count Percent(%)
    0-4 years 620 12.7
    5-14 years 612 12.5
    25-34 years 1388 28.3
    35-44 years 895 18.3
    45-54 years 463 9.5
    Others 918 18.8
    Age Group
    Census Count Percent(%)
    Registered Married 2116 60.1
    Not Married 936 26.6
    Defacto Relationship 467 13.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 2536 53.4
    Indonesia 364 7.7
    Philippines 177 3.7
    Sri Lanka 317 6.7
    Other 446 9.4
    Others 906 19.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 369 8.0
    Christianity 2626 57.2
    Hinduism 306 6.7
    Islam 275 6.0
    No Religion 918 20.0
    Others 94 2.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 129 8.9
    $1,250-$1,499 161 11.1
    $1,500-$1,999 304 21.0
    $2,000-$2,499 272 18.8
    $2,500-$2,999 176 12.1
    Others 408 28.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 1969 55.4
    Not in the labour force 705 19.8
    Employed, worked part-time 583 16.4
    Employed, away from work 169 4.8
    Unemployed, looking for work 130 3.7
    Person Characteristics
  • Census Count Percent(%)
    Managers 318 11.7
    Professionals 581 21.4
    Technicians & trades workers 402 14.8
    Clerical & administrative workers 482 17.7
    Sales 245 9.0
    Others 691 25.4
    Occupation
    Census Count Percent(%)
    Pre-school 123 11.2
    Infants/Primary 391 35.5
    Secondary 241 21.9
    Technical or Further Educational Institution 134 12.2
    University or other Tertiary Institutions 167 15.2
    Others 44 4.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4768 99.6
    Semi-detached, row or terrace house, townhouse 17 0.4
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1208 78.3
    Rented 211 13.7
    Fully owned 119 7.7
    Other tenure type 4 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals