QLD has seen average median house prices change by 1.17% which means that Lawnton, 4501 has done well for property investors by showing a capital gain of 0.24% over the last year
Comparing Lawnton,4501 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Property investors looking for a bargain in Lawnton should be aiming for at least -5.86% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 93 properties changed hands in Lawnton, which puts it as the 241th most active market in QLD when comparing the number of sales per suburb.
Property investors should expect to get $370 weekly from the median priced house in this suburb.
Lawnton has had a pretty good year for property investment returns compared to the rest of QLD, giving investors a capital gain of 5.48% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lawnton has increased when compared to the 5 year average annual rate.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 7.00%, without taking into account capital value appreciation, which has been averaging out at 1.32%.
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.