Over the last year, property investments in Lyons, 2606 have given investors a capital gain of 21.27%. This compares very favourably with the 12.44% for ACT as a whole.
Lyons,2606 was ranked 382 in Australia by increase in median property value over the quarter.
In the last year 38 properties changed hands in Lyons, which puts it as the 75th most active market in ACT when comparing the number of sales per suburb.
Lyons, 2606’s gross rental yield is 3.27%
Giving property investors a a stable capital gain of 8.62% for the last year, Lyons, 2606 is the 607th highest performer in Australia in this respect.
While Lyons,2606 ranked number 32th in ACT for increase in median house value (annualised) increase, it is ranked 58th over the last 5 years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Lyons, 2606. Typically our figures indicate that -2.50% is being offered, which puts this ACT suburb at 878th most discounted overall in Australia.
Using the current median advertised rental of $400 and the average annual increase in value of a median property of 0.43%, investors should hope to achieve an overall return of 7.03%