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Lynbrook, VIC 3975

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If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Lynbrook, VIC 3975 located in Melbourne to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

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Rent 

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Yield 

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Buy 

1BR

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Lynbrook, VIC 3975”

  1. The total adult population (15 years or older) of Lynbrook 3975 VIC is 7,008, with a median age of 33. Of those, 56.26% are married, 7.88% are divorced or separated, 31.35% are single and 4.55% are widowed.

    The average household size is 3.5 people per dwelling, and the median household monthly income is estimated to be $8,652. The median monthly mortgage repayment for households in this suburb is $1,962 which is 22.68% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in the state of VIC, the suburb of LYNBROOK 3975 houses approximately 3046 households as we head into the third quarter of 2023. Currently, the typical pricing for houses in this area sits at $799,129, with a median weekly rent of $488. This results in an appealing indicative yield of 3.18%—meeting the minimum threshold of 3% that’s attractive for cashflow-focused investors.

    The region boasts an IRSAD score of 993 out of a possible 1217, indicating a relatively high socio-economic standing, with access to substantial economic resources. Investors interested in the long-term prospects would be pleased to know that the renter to owner ratio is a favourable 20%, revealing a healthy owner-occupier market that supports a stable, community-oriented ‘vibe’. Investors also need not worry about the potential for rental over-saturation as the units to houses ratio is just 5%; this is well within the favourable ranges, suggesting less competition amongst landlords and longer tenancy periods.

    However, the affordability index, at 36 years, leans towards the less favourable side. This highlights the need for potential homeowners to surpass the standard 30-year mortgage period, indicating reduced affordability within the region.

    As for the supply metrics, the stock on market Percentage at 0.48% and an inventory level of 3.39 months suggest neutral supply conditions in the market. A building approvals Ratio for houses at 0.92% is a favourable glimpse into a restrained growth in new dwelling stock.

    On the demand side, the suburb exhibits strong potential with properties averaging just 17 Days on Market. The Vacancy Rate, which combines both houses and units, is low at just 1.13%, indicating high demand for available offerings. However, the buy search index for houses manifests a neutral value of 3, suggesting a typical level of buyer interest in comparison to the state/city average.

    In conclusion, despite a slightly less favourable affordability index, LYNBROOK 3975 presents a mixture of appealing attributes for both property investors and potential homeowners, thanks to its strong socio-economic standing, favourable rental and housing composition, and robust demand metrics.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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