LYONS ranks 14th in NT when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -0.26% for the past year is lower than average compared to its 1.07% growth within a five-year period.
Also in LYONS, the median home price is sitting at $753,000, and the average rent at $800, this suggests property owners could potentially earn a 5.52% increase in gross rental yield.
Property investors have seen a -4.98% 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 20.91% growth over a ten-year period. It ranks 2526th on our list of suburbs that property investors should look into.