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6 MIN READProperty Market Update: Brisbane, August 2021
Brisbane property prices went against the grain in August, delivering steady gains as its bigger capital city peers face...
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LansvaleLansvale - SUBURB PROFILE REPORT
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Property investors have seen a 12.09% gain in LANSVALE based on an increase in median home prices for the past three months.
Homeowners and real estate investors betting on LANSVALE, 2166 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 19.1%.
Based on its average 5-year and quarterly capital gains LANSVALE, 2166 saw average growth in the long term.
The NSW 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 $857,500
Profits averaged 4.63% per annum over a 3-year period, due to an upward trend in home prices in LANSVALE, 2166.
This means, real estate investors could earn a rental income of $480 based on current median home prices for the suburb.
The gross rental yield in LANSVALE, 2166 is 2.91%.
An average of 3 real estate transactions take place per month in LANSVALE which translates to 36 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $857,500 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 12.09% | N/A |
| Median 12 month | 19.1% | N/A |
| Median 3 years | 13.88% | N/A |
| Median 5 years | 26.1% | N/A |
| 10 years average annual | 7.58% | N/A |
| Weekly media advert. rent | $480 | N/A |
| Time on Market | 76.6 days | N/A |
| Gross Rental Yield Percent | 2.91% | N/A |
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