Property investors who have had real estate in Lucknow, 3875 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.89%
Over the longer term, Lucknow has seen property prices show investors a 8.09% return over the last 3 years. This is an improvement over the last 12 months
A $310 per week rent on the median house gives suburb investors a gross yield of circa 6.52%, without taking into account capital value appreciation, which has been averaging out at 2.59%.