Over the last year, property investments in Lancefield, 3435 have given investors a capital gain of 12.05%. This compares very favourably with the 2.87% for VIC as a whole.
The five-year average increase in median property values for Lancefield,3435 has given property investors a potential capital gain of 35.79% across each of those five years.
Property investors looking for a bargain in Lancefield should be aiming for at least -5.18% off the asking price, which is the average vendor discount being achieved at the moment.
A $440 per week rent on the median house gives suburb investors a gross yield of circa 4.43%, without taking into account capital value appreciation, which has been averaging out at 7.37%.