Property investors who have had real estate in Lawnton, 4501 should be ok with this QLD suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.43%
While Lawnton,4501 ranked number 714th in QLD for increase in median house value (annualised) increase, it is ranked 195th over the last 5 years.
Lawnton4501 is located in QLD which offers an average discount of -7.01% to property investors. Lawnton itself is showing figures that indicate -5.19% is the average achievable by property buyers investing in the suburb.
Situated 21.71km from the CBD, Lawnton is one of Moreton Bay (R) localities in the postcode 4501.
Investment property in Lawnton has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 1.49%
Over the longer term, Lawnton has seen property prices show investors a -2.45% return over the last 3 years. This is an improvement over the last 12 months
The most recent median price for Lawnton is $239000, with sellers offering an average of -4.64% off the asking price.
In the last year 21 properties changed hands in Lawnton, which puts it as the 222th most active market in QLD when comparing the number of sales per suburb.
Information supplied by:
Buyers drawn to low prices
Median house price: $417,250
Three-year growth: 16.6%
Rental yield: 4.5%
A remarkably affordable suburb in the Sunshine State’s Moreton Bay region, Lawnton looks set to have buyers’ attention for a while.
Price growth has been picking up, with the suburb recording a 9% increase in house values in the 12 months to June 2018. The rental market has strengthened significantly in this period, with the average rental vacancy rate falling from a high 7.6% to 4.7%.
Lawnton is a haven of parks and reserves, and the North Pine River flows at the northern boundary of the suburb. Lawnton is home to Lawnton State School and Pine Rivers Special School, making it a great suburb for families to reside in. There are also several dining options and markets.
The local railway station is part of the Queensland Rail City network to Brisbane, Ipswich, Caboolture and the Sunshine Coast.