Over the last year, property investments in Lake Heights, 2502 have given investors a capital gain of -7.95%. This compares badly with the -4.21% for NSW as a whole.
While Lake Heights,2502 ranked number 433th in NSW for increase in median house value (annualised) increase, it is ranked 161th over the last 5 years.
Vendor discounting in Lake Heights is giving property investors an average Vendor Discount of around -8.84%. This puts suburb at number 180th in NSW when ranking the most discounted suburbs.
With the median price for a house in Lake Heights being $550000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 4.25%