At number 3371th in the list of Australian suburbs ordered by increase in median house value over the last year, Lamington, 6430 is in the BOTTOM 20% with a property value increase of -4.01% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Lamington,6430 has racked up an average of -4.01% over the period. This ranks it number 3745th in the whole country for real estate investors looking at median house price increases.
State is the most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -8.21% offered to property buyers. Sellers in Lamington itself are offering an average vendor discount of -8.26% to real estate investors.
In the last year 24 properties changed hands in Lamington, which puts it as the 336th most active market in WA when comparing the number of sales per suburb.
Advertised rents are around the $360 mark per week – giving a return of 5.13% based on the median price in Suburb