NSW has seen average median house prices change by 8.12% which means that East Lismore, 2480 has done well for property investors by showing a capital gain of 14.22% over the last year
East Lismore,2480 has offered an average of 14.22% return per annum in house price rises to property investors over the last three years.
Property investors looking for a bargain in East Lismore should be aiming for at least -5.16% 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 East Lismore the average time real estate has been on the market is 84.72 days.
Using the current median advertised rental of $365 and the average annual increase in value of a median property of 3.52%, investors should hope to achieve an overall return of 5.19%
If you compare the increase in value of investment property in East Lismore, 2480 to the rest of Australia, it performed poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -14.40%.
Situated 514.12km from the CBD, East Lismore is one of Lismore localities in the postcode 2480.