Investment property in Lavington has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 3.85%
Lavington,2641 was ranked 2633 in Australia by increase in median property value over the quarter.
Lavington2641 is located in NSW which offers an average discount of -5.24% to property investors. Lavington itself is showing figures that indicate -6.60% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 17.75 sales per month, which equates to 213 per year.
With the median price for a house in Lavington being $270000 and the advertised rent reaching $290 the gross rental yield for property investors calculates out to be 5.59%
Over the last year, property investments in Lavington, 2641 have given investors a capital gain of 9.09%. This compares averagely with the 8.39% for NSW as a whole.
When looking at the potential capital gains offered to property investors over the last 3 years, Lavington comes in at number 393th in NSW.
At number 20th of NSW’s most discounted properties, Lavington is in the bottom 10% of the state/territory when listing in order of most discounted to least.
With the median price for a house in Lavington being $180000 and the advertised rent reaching $200 the gross rental yield for property investors calculates out to be 5.78%