Investment property in Lynbrook has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 7.90%
The five-year average increase in median property values for Lynbrook,3975 has given property investors a potential capital gain of 48.96% across each of those five years.
Lynbrook3975 is located in VIC which offers an average discount of -6.20% to property investors. Lynbrook itself is showing figures that indicate -5.92% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Lynbrook the average time real estate has been on the market is 54.53 days.
Advertised rents are around the $420 mark per week – giving a return of 3.40% based on the median price in Suburb
VIC has seen average median house prices change by 3.42% which means that Lynbrook, 3975 has done well for property investors by showing a capital gain of -44.95% over the last year
A 4.67% growth in median value for property investors in Lynbrook,3975 puts this suburb at number 127th in terms of best performing suburbs in VIC
With the median price for a house in Lynbrook being $240750 and the advertised rent reaching $387.5 the gross rental yield for property investors calculates out to be 8.37%