The suburb’s capital gain of 4.28% for the past year is higher than average compared to its 6.38% growth within a five-year period.
Also in LYONS, the median home price is sitting at $792,500, and the average rent at $850, this suggests property owners could potentially earn a 5.58% increase in gross rental yield.
Property investors have seen a 3.73% gain in LYONS based on an increase 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 1.09% growth over a ten-year period. It ranks 3621st on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||4.28%||N/A|
|Median 3 years||-6.21%||N/A|
|Median 5 years||6.38%||N/A|
|10 years average annual||1.09%||N/A|
|Weekly media advert. rent||$850||N/A|
|Time on Market||109.5 days||N/A|
|Gross Rental Yield Percent||5.58%||N/A|