Suburb Profile Report for Lalor Park NSW (2147)

Lalor Park House: Median price $610,000, Annual capital growth 7.75%, Number of sales 125, Weekly median advertised rent $410

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

  • House Report

At number 2498th in the list of Australian suburbs ordered by increase in median house value over the last year, Lalor Park, 2147 is in the BOTTOM 40% with a property value increase of 2.19% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Lalor Park,2147 has racked up an average of 2.19% over the period. This ranks it number 156th in the whole country for real estate investors looking at median house price increases.

Lalor Park2147 is located in NSW which offers an average discount of -5.53% to property investors. Lalor Park itself is showing figures that indicate -4.32% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Lalor Park the average time real estate has been on the market is 62.54 days.

Using the current median advertised rental of $410 and the average annual increase in value of a median property of 7.75%, investors should hope to achieve an overall return of 3.50%

HOUSE UNIT
$610,000 N/A
0.45% N/A
2.19% N/A
7.75% N/A
$410 N/A
125 N/A
3.50% N/A
62.54 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 6981
Median household income ($/weekly) 1017
Median age of persons 36
Median housing loan repayment ($/monthly) 1863
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 954 13.7
    25-34 years 1018 14.6
    35-44 years 996 14.3
    45-54 years 976 14.0
    55-64 years 720 10.3
    Others 2317 33.2
    Age Group
    Census Count Percent(%)
    Not Married 2570 50.0
    Registered Married 2176 42.4
    Defacto Relationship 391 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 5012 76.3
    Papua New Guinea 160 2.4
    Philippines 144 2.2
    United Kingdom 187 2.8
    Other 328 5.0
    Others 735 11.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 71 1.1
    Christianity 4873 74.9
    Hinduism 196 3.0
    Islam 241 3.7
    No Religion 1063 16.3
    Others 62 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 280 12.0
    $400-$599 234 10.0
    $600-$799 248 10.6
    $1,500-$1,999 310 13.2
    $2,000-$2,499 213 9.1
    Others 1055 45.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1990 38.6
    Employed, worked full-time 1967 38.1
    Employed, worked part-time 776 15.0
    Unemployed, looking for work 257 5.0
    Employed, away from work 171 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 434 14.9
    Technicians & trades workers 470 16.1
    Clerical & administrative workers 528 18.1
    Machinery operators & drivers 349 12.0
    Labourers 309 10.6
    Others 825 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 159 9.8
    Infants/Primary 608 37.5
    Secondary 442 27.3
    Technical or Further Educational Institution 216 13.3
    University or other Tertiary Institutions 153 9.4
    Others 43 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6448 96.0
    Flat, unit or apartment 149 2.2
    Semi-detached, row or terrace house, townhouse 97 1.4
    House or flat attached to a shop, office 24 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 943 37.3
    Rented 892 35.3
    Fully owned 677 26.8
    Other tenure type 17 0.7
    Tenure Type
Census 2011, ABS
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Recent sales & rentals