Property investors who have had real estate in Lawnton, 4501 should be relatively pleased with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.65%
If we look at median property appreciation over just the last three months, Lawnton has given property investors a paper return of 1.43%. This puts Suburb as 287 on a list of fastest fasting appreciating suburbs in QLD
Property buyers and investors in Lawnton 4501 should be seeing an average reduction in asking price of around -2.96% . This means that Lawnton is holding prices well when compared to other suburbs in QLD.
Property investors should expect to get $360 weekly from the median priced house in this suburb.
Property value increases in Lawnton have tracked just lower than the QLD average of 0.23% over the last 12 months.
Across a shorter period, Lawnton, 4501 has seen a median price increase of -1.22% over the last quarter.
The most recent median price for Lawnton is $242000, with sellers offering an average of -2.63% off the asking price.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of 0.54%, investors should hope to achieve an overall return of 6.88%
A remarkably affordable suburb in the Sunshine State’s Moreton Bay region, Lawnton looks set to have buyers’ attention for a whileFull summary
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Buyers drawn to low prices
Median house price: $417,250
Three-year growth: 16.6%
Rental yield: 4.5%
A remarkably affordable suburb in the Sunshine State’s Moreton Bay region, Lawnton looks set to have buyers’ attention for a while.
Price growth has been picking up, with the suburb recording a 9% increase in house values in the 12 months to June 2018. The rental market has strengthened significantly in this period, with the average rental vacancy rate falling from a high 7.6% to 4.7%.
Lawnton is a haven of parks and reserves, and the North Pine River flows at the northern boundary of the suburb. Lawnton is home to Lawnton State School and Pine Rivers Special School, making it a great suburb for families to reside in. There are also several dining options and markets.
The local railway station is part of the Queensland Rail City network to Brisbane, Ipswich, Caboolture and the Sunshine Coast.Close