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Lyndhurst, 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 Lyndhurst, 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

2BR

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Rent 

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Yield 

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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 “Lyndhurst, VIC 3975”

  1. The total adult population (15 years or older) of Lyndhurst 3975 VIC is 6,446, with a median age of 33. Of those, 63.51% are married, 6.58% are divorced or separated, 27.88% are single and 2.11% are widowed.

    The average household size is 3.5 people per dwelling, and the median household monthly income is estimated to be $9,640. The median monthly mortgage repayment for households in this suburb is $2,167 which is 22.48% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated in Victoria, the suburb of Lyndhurst 3975 boasts an estimated 3066 households. As of the third quarter of 2023, typical prices for houses in Lyndhurst 3975 are tagged at $864,896. With a median weekly rent pegged at $513, these houses produce an attractive indicative yield of 3.08%, which is just above the minimum market requirement for property investors focused on cash flow.

    The socio-economic status of the area is relatively high, with an IRSAD score of 1059 out of 1217. This suggests that the local population enjoys considerable economic resources and reflects a substantial number of skilled professionals. The renter to owner ratio is also favourable at 20%, which is below the critical 30% threshold. This indicates low competition with other property investors and a higher likelihood of longer tenancies.

    The ratio of units to houses is a mere 1%, suggesting that the market isn’t over-saturated with rentals, and landlords face less competition for tenants. The affordability index for houses comes in at 35 years, which is more than the typical 30-year mortgage, thus pointing to less affordability for prospective homeowners.

    For supply metrics, the stock on market percentage for houses is 0.34%, favourably indicating a lower supply. The inventory level for houses sits at 1.4 months, further spotlighting a favourable low supply scenario. The building approvals ratio for houses comes in at 1.79%, indicating a balance in the supply of new dwelling stocks in the market.

    When it comes to demand, the average number of days for houses remaining active on the market is a low 22, pointing to high demand. The combined vacancy rate for houses and units is 1.96%, suggesting a balanced demand scenario. However, the buy search index for houses stands at 3, signalling a neutral interest from potential buyers.

    Keeping an eye on the demand and supply trends and other real estate market indicators for Lyndhurst 3975 and similar promising suburbs could open up rewarding property investment opportunities. It’s essential to remember that even if some metrics fall in the unfavourable ranges, if the majority of other metrics are favourable, the suburb can still be considered an attractive investment option. Using tools like the RCS (Relative Composite Score) from HtAG Analytics can help automate this research process using a variety of property market 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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