Property value increases in Lewisham have tracked just higher than the TAS average of 11.42% over the last 12 months.
Over the longer term, Lewisham has seen property prices show investors a 22.73% return over the last 3 years. This is worse than over the last 12 months
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.50% offered to property buyers. Sellers in Lewisham itself are offering an average vendor discount of -4.15% to real estate investors.
At number 928 in a list of fastest selling suburbs, Lewisham is in the TOP 30% of suburbs in Australia with an average of days on market 54.35 for properties listed there.
With the median price for a house in Lewisham being $405000 and the advertised rent reaching $365 the gross rental yield for property investors calculates out to be 4.69%