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AREA REPORTS

Lyons

Suburb Profile

Lyons - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2606

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 13.79% capital gain.

Property investors in LYONS enjoyed capital gains of 10% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $825,000.

Profits due to an upward trend in home prices there averaged 4.6% per annum over a 3-year period.

Home owners selling their properties and realtors in LYONS usually have to wait an average of 76.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $497.5 mark, reflecting a 3.14% increase in returns based on the current median price in LYONS.

LYONS, 2606 places th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $825,000 $272,500
GROWTH REPORT
Median Quarterly 0% 3.12%
Median 12 month 10% -32.47%
Median 3 years 13.79% 14.98%
Median 5 years 33.06% -41.32%
10 years average annual 3.5% 1.92%
Weekly media advert. rent $497.5 $350
Time on Market 76.2 days 125.1 days
Gross Rental Yield Percent 3.14% 6.68%
demographics (median values)
Total Population
2444
Weekly Household Income
1091
Household Size
2.10
demographics
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