Investment property in Lyons has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 8.58%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lyons has increased when compared to the 5 year average annual rate.
Situated 8.55km from the CBD, Lyons is one of Unincorporated ACT localities in the postcode 2606.
ACT has seen average median house prices change by 4.25% which means that Lyons, 2606 has done well for property investors by showing a capital gain of 4.18% over the last year
Comparing Lyons,2606 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
State is the 8th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -3.31% offered to property buyers. Sellers in Lyons itself are offering an average vendor discount of -2.50% to real estate investors.
On average over the past year, suburb has had 3.17 sales per month, which equates to 38 per year.
With the median price for a house in Lyons being $286500 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 7.08%