NSW/
Lakewood

Suburb Profile

Lakewood - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2443

house

Property investors enjoyed capital gains of 0.25% over the last 12 months in LAKEWOOD, translating to lower returns compared with its peers in NSW.

A survey of average capital gains or median home price increase in suburbs across the country shows that the NSW suburb obtained a 3.3% growth over a ten-year period. It ranks 2480th on our list of suburbs that property investors should look into.

LAKEWOOD, 2443 has a capital gain of 0.25% for the past year, which is lower than average compared to its 26.01% growth within a five-year period.

With the median home price in LAKEWOOD sitting at $404,500, and the average rent at $407.5, property owners could potentially earn a 5.24% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in LAKEWOOD are low, as opposed to average gains per annum over the past five years.

LAKEWOOD, 2443 in NSW belongs to the local government area of Port Macquarie-Hastings.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $404,500 N/A
GROWTH REPORT
Median Quarterly -3% N/A
Median 12 month 0.25% N/A
Median 3 years 21.97% N/A
Median 5 years 26.01% N/A
10 years average annual 3.3% N/A
Weekly media advert. rent $407.5 N/A
Time on Market 53.9 days N/A
Gross Rental Yield Percent 5.24% N/A
demographics (median values)
Total Population
1202
Weekly Household Income
542.5
Household Size
2.20
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