Government urged to provide stimulus for building sector
As the nation recovers from the COVID-19 pandemic, property professionals urge the federal government to provide a stimulus package for the ...
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Property investors have seen a 3.3% gain in LANSVALE based on an increase in median home prices for the past three months.
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 $705,000
Profits averaged -0.92% per annum over a 3-year period, due to an downward trend in home prices in LANSVALE, 2166.
This means, real estate investors could earn a rental income of $470 based on current median home prices for the suburb.
The gross rental yield in LANSVALE, 2166 is 3.47%.
An average of 1.67 real estate transactions take place per month in LANSVALE which translates to 20 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $705,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 3.3% | N/A |
| Median 12 month | -1.05% | N/A |
| Median 3 years | -2.76% | N/A |
| Median 5 years | 13.71% | N/A |
| 10 years average annual | 6.89% | N/A |
| Weekly media advert. rent | $470 | N/A |
| Time on Market | 76.3 days | N/A |
| Gross Rental Yield Percent | 3.47% | N/A |
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