With a capital gain of 14.47% for the last 12 months, Lakewood, 2443 has performed for property investments than its average annual 4.31% property growth over the last 5 years.
Over the longer term, Lakewood has seen property prices show investors a 26.79% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Lakewood is $530000, with sellers offering an average of -2.60% off the asking price.
A $435 per week rent on the median house gives suburb investors a gross yield of circa 4.27%, without taking into account capital value appreciation, which has been averaging out at 4.31%.