Property value increases in Lewisham have tracked higher than the TAS average of 10.86% over the last 12 months.
The five-year average increase in median property values for Lewisham,7173 has given property investors a potential capital gain of 32.43% across each of those five years.
Property investors looking for a bargain in Lewisham should be aiming for at least -7.39% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 22 properties changed hands in Lewisham, which puts it as the 131th most active market in TAS when comparing the number of sales per suburb.
Using the current median advertised rental of $365 and the average annual increase in value of a median property of 7.31%, investors should hope to achieve an overall return of 4.09%