Powered by MOMENTUM MEDIA
AREA REPORTS

Lynbrook

Suburb Profile

Lynbrook - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3975

house

A steady increase in median property prices over a five-year period in the suburb translates to a 10.26% capital gain.

Property investors in LYNBROOK enjoyed capital gains of 3.53% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb 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 $645,000.

Profits due to an upward trend in home prices there averaged 3.42% per annum over a 3-year period.

Home owners selling their properties and realtors in LYNBROOK usually have to wait an average of 41.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $410 mark, reflecting a 3.31% increase in returns based on the current median price in LYNBROOK.

LYNBROOK, 3975 places 326th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $645,000 N/A
GROWTH REPORT
Median Quarterly 2.3% N/A
Median 12 month 3.53% N/A
Median 3 years 10.26% N/A
Median 5 years 31.63% N/A
10 years average annual 4.74% N/A
Weekly media advert. rent $410 N/A
Time on Market 41.5 days N/A
Gross Rental Yield Percent 3.31% N/A
demographics (median values)
Total Population
4483
Weekly Household Income
1278
Household Size
3.20
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

New apartment standards outlined for Victoria and NSW

The Victorian and NSW governments have announced new standards for apartment buildings, as both look to create greener buildings for resid...

GDP figures confirm economic recovery

GDP figures confirm economic recovery

Australia’s GDP has grown by 3.1 per cent during the December quarter, beating market expectations of a 2.5 per cent increase, official fi...

PROPERTY SHOWCASE: Investor struggles and how to overcome them

Tune in to the latest episode of Property Showcase, the podcast with the inside track on the products and businesses that will help turbocha...

Commercial v residential investments

Commercial v residential investments

As someone who has invested extensively in both residential and commercial property, I have seen both sides of the fence when it comes to in...

Why commercial property is critical for your portfolio in 2021

Why commercial property is critical for your portfolio in 2021

Gone are the golden days where you could purchase residential properties with yields of 6, 7 or 8 per cent or build a self-sustaining prope...

Q&A: Scott O’Neill, Rethink Investing

Q&A: Scott O’Neill, Rethink Investing

In this special Q&A, Smart Property Investment speaks to the director of Rethink Investing, Scott O’Neill. ...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.