A steady increase in median property prices over a five-year period in the suburb translates to a 26.67% capital gain.
It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $375,000
The augmented property values in the suburb are trailing behind the territorial average of 6.63% in 2016.
On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $355.
Home owners selling their properties and realtors in LISMORE HEIGHTS usually have to wait an average of 68.9 days days before their assets are lifted off the market.
The NSW suburb ranks 166th on the list of best yielding suburbs for rental properties in NSW, posting a 4.92% return.
It also places places 691st in Australia based on median property value growth during the quarter.
Property investors enjoyed capital gains of 7.25% over the last 12 months in LISMORE HEIGHTS, 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 LISMORE HEIGHTS, 2480 obtained a 2.71% growth over a ten-year period. It ranks 1053rd on our list of suburbs that property investors should look into.
With the median home price in LISMORE HEIGHTS sitting at $240,250, and the average rent at $300, property owners could potentially earn a 6.49% increase in gross rental yield.
LISMORE HEIGHTS, 2480 in NSW belongs to the local government area of Lismore.