Lakelands has had a pretty average year for property investment returns compared to the rest of NSW, giving investors a capital gain of 9.57% to date .
Across a shorter period, Lakelands, 2282 has seen a median price increase of 5.68% over the last quarter.
Property investors looking for a bargain in Lakelands should be aiming for at least -3.61% off the asking price, which is the average vendor discount being achieved at the moment.
Often selling an investment property can take time, and in Lakelands the average time real estate has been on the market is 47.27 days.
With the median price for a house in Lakelands being $772500 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 3.03%