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Lyons

Suburb Profile

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

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Homeowners and real estate investors betting on LYONS, 2606 can rest assured about this ACT suburb's performance. The suburb saw median home prices rise by 17.11%.

A steady increase in median property prices over a five-year period in the suburb translates to a 23.96% capital gain.

Property investors in LYONS enjoyed capital gains of 17.11% 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 $890,000.

Profits due to an upward trend in home prices there averaged 7.99% per annum over a 3-year period.

Home owners selling their properties and realtors in LYONS usually have to wait an average of 83.2 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $535 mark, reflecting a 3.13% increase in returns based on the current median price in LYONS.

LYONS, 2606 places 4th 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 $890,000 $277,500
GROWTH REPORT
Median Quarterly 7.88% -0.54%
Median 12 month 17.11% -30.97%
Median 3 years 23.96% 1.83%
Median 5 years 37.77% -25.5%
10 years average annual 4.34% 2.79%
Weekly media advert. rent $535 $385
Time on Market 83.2 days 129.5 days
Gross Rental Yield Percent 3.13% 7.21%
demographics (median values)
Total Population
2444
Weekly Household Income
1091
Household Size
2.10
demographics
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