LYONS ranks 13th in NT when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 3.53% for the past year is higher than average compared to its -2.43% growth within a five-year period.
Also in LYONS, the median home price is sitting at $741,500, and the average rent at $700, this suggests property owners could potentially earn a 4.91% increase in gross rental yield.
Property investors have seen a -1.53% drop in LYONS based on a decrease in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 23.27% growth over a ten-year period. It ranks 2435th on our list of suburbs that property investors should look into.