Lavington has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 6.62% to date .
Lavington,2641 was ranked 1881 in Australia by increase in median property value over the quarter.
Property buyers and investors in Lavington 2641 should be seeing an average reduction in asking price of around -6.60% . This means that Lavington is holding prices well when compared to other suburbs in NSW.
At number 2889 in a list of fastest selling suburbs, Lavington is in the bottom 30% of suburbs in Australia with an average of days on market 101.877 for properties listed there.
Advertised rents are around the $317.5 mark per week – giving a return of 5.79% based on the median price in Suburb
Lavington is an average performer in NSW when comparing median price capital growth over the last year. Lavington gave property investors a average capital gain figure when compared to the rest of the state, with -0.99%.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lavington has increased when compared to the 5 year average annual rate.
Property buyers and investors in Lavington 2641 should be seeing an average reduction in asking price of around -7.73% . This means that Lavington is holding prices well when compared to other suburbs in NSW.
Using the current median advertised rental of $230 and the average annual increase in value of a median property of 0.42%, investors should hope to achieve an overall return of 7.32%