The five-year average increase in median property values for Lawson,2617 has given property investors a potential capital gain of 110.94% across each of those five years.
On average over the past year, suburb has had 0.83 sales per month, which equates to 10 per year.
Lawson has had a quite poor year for property investment returns compared to the rest of ACT, giving investors a capital gain of 0.00% to date .
Lawson,2617 was ranked 915 in Australia by increase in median property value over the quarter.
The most recent median price for Lawson is $501000, with sellers offering an average of -1.51% off the asking price.
At number 761 in a list of fastest selling suburbs, Lawson is just in the bottom half of suburbs in Australia with an average of days on market 74.0385 for properties listed there.
Lawson is 23th on a list of best yielding suburbs for rents in ACT with a 5.60% return
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With the recent resurgence of the Belconnen region, the suburb of Lawson has been popping up as a potential breakout star in Canberra.
It recently joined the list of the top 10 highest-yield suburbs in the state, with units here recording an average yield of nearly 6%. Thus, much of the demand could be coming from investors who wish to break into this market early.
Apartments are still priced under $500,000, which suggests that it’s still a good time to buy. Lawson has a central location that benefits residents, since it’s close to the major commercial centre of Belconnen and the schools and hospitals in Bruce. The Canberra CBD is less than 20 minutes away by car.