Lalor, 3075 ranked 573th in VIC when comparing growth in median property values or capital gain over the last 12 months. Lalor is one of 2099 in our list for VIC
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lalor has increased when compared to the 5 year average annual rate.
Lalor3075 is located in VIC which offers an average discount of -6.90% to property investors. Lalor itself is showing figures that indicate -8.67% is the average achievable by property buyers investing in the suburb.
Renters in Suburb are facing rents around $19760 per annum or $380 every week.
Investment property in Lalor has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -3.42%
Taking the average capital gain, or increase in median house value, Lalor,3075 has racked up an average of -3.42% over the period. This ranks it number 252th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Lalor, 3075. Typically our figures indicate that -5.06% is being offered, which puts this VIC suburb at 831th most discounted overall in Australia.
With the median price for a house in Lalor being $410000 and the advertised rent reaching $360 the gross rental yield for property investors calculates out to be 4.57%