Property investors who have had real estate in Lane Cove West, 2066 should be pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 29.13%
Over the longer term, Lane Cove West has seen property prices show investors a 62.32% return over the last 3 years. This is worse than over the last 12 months
A $990 per week rent on the median house gives suburb investors a gross yield of circa 2.23%, without taking into account capital value appreciation, which has been averaging out at 9.59%.
Lane Cove West has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 5.26% to date .