Lynwood has had a pretty good year for property investment returns compared to the rest of WA, giving investors a capital gain of -3.54% to date .
While Lynwood,6147 ranked number 138th in WA for increase in median house value (annualised) increase, it is ranked 56th over the last 5 years.
Our latest figures would indicate that property sellers in Lynwood are currently offering property investors an average price cut of -4.86% below the asking price at the moment.
At number 542 in a list of fastest selling suburbs, Lynwood is in the TOP 20% of suburbs in Australia with an average of days on market 51.5 for properties listed there.
A $350 per week rent on the median house gives suburb investors a gross yield of circa 4.04%, without taking into account capital value appreciation, which has been averaging out at 4.47%.