The suburb’s capital gain of 0.53% for the past year is lower than average compared to its 2.9% growth within a five-year period.
Also in LYONS, the median home price is sitting at $764,000, and the average rent at $845, this suggests property owners could potentially earn a 5.75% increase in gross rental yield.
Property investors have seen a 1.87% 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 -0.36% decrease over a ten-year period. It ranks 4126th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||0.53%||N/A|
|Median 3 years||-14.91%||N/A|
|Median 5 years||2.9%||N/A|
|10 years average annual||-0.36%||N/A|
|Weekly media advert. rent||$845||N/A|
|Time on Market||116.9 days||N/A|
|Gross Rental Yield Percent||5.75%||N/A|