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Lake Bennett is a suburb in Coomalie Shire, Australia with 87 residents. The median house price is $293K with a rental yield of 10.2%. Our analysis rates Lake Bennett with a suburb score of 85/100 for investment timing.
This suburb shows strong investment potential with property prices forecast to outperform the market average over the next 1-3 years. Key indicators including vacancy rates, rental yields, and days on market all signal favorable conditions for capital growth.
85
Suburb Score
Thorough research about a suburb is crucial to grasp the 'why' behind an investment. However, no suburb stands alone—always assess it in relation to its surroundings. Tracking each data point over time is vital. But above all, it's crucial to comprehend why each data point matters and how it influences both short-term and long-term capital growth.
Current Sales Prices By Suburb - Median - Last 90 Days Rolling - Houses Only [AUD]
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What is this: The median sale price of properties sold in the suburb over a rolling 90-day period. This reflects the actual transacted value of properties rather than asking prices.
Investment tip: Understanding current sold prices helps identify undervalued suburbs compared to neighboring areas. Look for suburbs with lower median prices that share similar amenities with higher-priced neighbors - these often represent growth opportunities.
Sold Price
Asking Price
Picki displays every property available for sale in Australia, not just the highlighted ones advertisers pay for. We scan over 12,000 real estate agent websites daily across Australia, from the leading agencies to the smallest local ones. This effort means Picki reveals 30% more properties for sale compared to other sites. And since some homes show up on local agent sites days before they appear on the major advertising platforms, Picki provides you an early advantage.
View all propertiesSuburb | Sold Price | Recent Growth | Yield | Vacancy Rate | Days of Supply | Owner Occupier | Vendor Disc. |
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Lake Bennett has a suburb score of 85/100 for investment timing, placing it among the top-performing suburbs in Coomalie Shire for capital growth potential. The strong suburb score indicates favorable market conditions including positive price momentum, healthy rental demand, and low vacancy rates. Property investors looking for capital growth in Australia should consider Lake Bennett as a priority suburb.
Lake Bennett's capital growth outlook is positive based on current market indicators. Key drivers supporting capital growth in Lake Bennett include strong buyer demand, limited housing supply, and positive demographic trends. Historical data suggests Lake Bennett has outperformed many suburbs in Coomalie Shire for property value appreciation.
Lake Bennett is located within Coomalie Shire Local Government Area in Australia. Coomalie Shire encompasses multiple suburbs, each with their own property market characteristics. Understanding the broader LGA trends can help investors identify whether Lake Bennett is outperforming or underperforming relative to neighboring suburbs.
The current median house price in Lake Bennett is $293K based on recent sales data. At this price point, Lake Bennett offers an affordable entry into the Australia property market, potentially providing higher rental yields and cash flow positive investment opportunities.
Lake Bennett has an average rental yield of 10.2%, which is above the national average, making it attractive for investors prioritizing cash flow and rental income. High-yield suburbs like Lake Bennett can provide positive cash flow from day one, offsetting holding costs and mortgage payments.
Lake Bennett has a population of approximately 87 residents. Population size and growth are important factors for property investment as they influence housing demand, rental markets, and local amenity development. Lake Bennett is a smaller, more exclusive suburb which may offer unique lifestyle benefits and potential for price premiums on quality properties.
Lake Bennett's suburb score of 85/100 can be compared against other suburbs in Coomalie Shire to identify relative investment value. With a score above 80, Lake Bennett ranks among the top suburbs in the local government area for investment timing. This suggests stronger fundamentals compared to many neighboring suburbs. Compare all suburbs in Coomalie Shire using our platform to find the best investment opportunities.
