Live Data Feed
Lekki Phase 1: • 552 listings tracked • Median rent ₦11.0M/yr • Yield 4.1%Chevron / Lekki: • 270 listings tracked • Median rent ₦7.0M/yr • Yield 3.9%Ikoyi: • 244 listings tracked • Median rent ₦45.0M/yr • Yield 3.2%Ajah: • 215 listings tracked • Median rent ₦3.5M/yr • Yield 2.5%Ikate: • 165 listings tracked • Median rent ₦13.0M/yr • Yield 6.0%Victoria Island: • 154 listings tracked • Median rent ₦30.0M/yr • Yield 5.5%Banana Island: • 106 listings tracked • Median rent ₦60.0M/yr • Yield 2.9%Sangotedo: • 104 listings tracked • Median rent ₦4.5M/yr • Yield 3.2%Lekki Phase 1: • 552 listings tracked • Median rent ₦11.0M/yr • Yield 4.1%Chevron / Lekki: • 270 listings tracked • Median rent ₦7.0M/yr • Yield 3.9%Ikoyi: • 244 listings tracked • Median rent ₦45.0M/yr • Yield 3.2%Ajah: • 215 listings tracked • Median rent ₦3.5M/yr • Yield 2.5%Ikate: • 165 listings tracked • Median rent ₦13.0M/yr • Yield 6.0%Victoria Island: • 154 listings tracked • Median rent ₦30.0M/yr • Yield 5.5%Banana Island: • 106 listings tracked • Median rent ₦60.0M/yr • Yield 2.9%Sangotedo: • 104 listings tracked • Median rent ₦4.5M/yr • Yield 3.2%
S
Scout.ngReal Estate Intelligence
Kosofe LGA · 32 active listings · medium confidence

Gbagada

Real estate intelligence — verified weekly from active listings

Median Sale₦210.0M
Median Rent/yr₦4.0M
Gross Yield1.9%
Net Yield-8.5%After Lagos Reality Factor
Market Insight

The most listed property class in Gbagada is the 4 bedrooms with 12 active listings. Median asking price is ₦295.0M. Median annual rent is ₦14.5M. That implies a gross yield of 4.9% before operating costs.

Breakdown by Class

Prices by Bedroom Count

19 sale + 13 rental listings

1-Bed

Median Sale Price

0 listings

Median Rent / Year

₦3.0M

5 listings

No sale data — yield unavailable

2-Bed

Median Sale Price

₦80.0M

2 listings

Median Rent / Year

₦4.0M

3 listings

Gross Yield5.0%

3-Bed

Median Sale Price

₦167.5M

8 listings

Median Rent / Year

0 listings

No rental data — yield unavailable

4-Bed

Most Listed

Median Sale Price

₦295.0M

8 listings

Median Rent / Year

₦14.5M

4 listings

Gross Yield4.9%

5-Bed

Median Sale Price

0 listings

Median Rent / Year

₦18.0M

1 listing

No sale data — yield unavailable

13-Bed

Median Sale Price

₦450.0M

1 listing

Median Rent / Year

0 listings

No rental data — yield unavailable
Aggregate View

Overall Market Summary

Aggregated across all property classes. The bedroom breakdown above is more useful for actual decision-making.

Median Sale (All)

₦210.0M

₦80.0M – ₦450.0M

Median Rent (All)

₦4.0M

₦2.7M – ₦18.0M

Gross Yield

1.9%

All classes combined

Net Yield

-8.5%

After Lagos Reality Factor

By Property Type

Prices by Property Type

Flats, duplexes, detached houses, and other property types compared.

TypeMedian SaleMedian Rent/yrGross YieldSaleRent
flat₦160.0M₦3.8M2.3%74
other₦80.0M₦3.0M3.8%11
duplex₦215.0M30
terrace₦210.0M20
detached₦445.0M₦18.0M4.0%11
mini flat₦3.0M03
semi detached₦350.0M₦14.5M4.1%54
True Cost of Ownership

Lagos Reality Factor

Gbagada falls in the affordable tier. These are the annual costs every landlord pays but no listing ever shows.

Diesel / Generator₦20.7M
Estate Service Charge₦500K
Management Fee (10%)₦400K
Maintenance Reserve (5%)₦200K
Total Annual Operating Costs₦21.8M

What this means: On a median rent of ₦4.0M/yr, these costs consume 545% of your gross rental income — reducing yield from 1.9% to -8.5%.

How to read this data: All prices are medians of current asking prices, broken down by bedroom count and property type so you compare like-for-like. Yields are implied from median asking prices and rents. Read our full methodology →