Suburb Profile Report for Lake Haven NSW (2263)

Lake Haven House: Median price $460,000, Annual capital growth 4.66%, Number of sales 78, Weekly median advertised rent $380

Lake Haven Unit: Median price $410,000, Annual capital growth N/A, Number of sales 15, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

With a capital gain of 4.55% for the last 12 months, Lake Haven, 2263 has performed for property investments than its average annual 4.66% property growth over the last 5 years.

The five-year average increase in median property values for Lake Haven,2263 has given property investors a potential capital gain of 49.59% across each of those five years.

LACK OF BUYER INTEREST may well be the reason that Lake Haven is offering property investors an average of -5.49. This rate of discount on properties puts Suburb at number 1057th in terms of most discounted suburbs in NSW

At number 400 in a list of fastest selling suburbs, Lake Haven is in the TOP 20% of suburbs in Australia with an average of days on market 47.47 for properties listed there.

With the median price for a house in Lake Haven being $460000 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.30%

HOUSE UNIT
$460,000 $410,000
0.00% 3.02%
4.55% N/A
4.66% N/A
$380 N/A
78 15
4.30% N/A
47.47 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
Find a mortgage broker in Lake Haven NSW
Demographics
Total population 3368
Median household income ($/weekly) 698
Median age of persons 47
Median housing loan repayment ($/monthly) 1595
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 375 11.1
    35-44 years 350 10.4
    45-54 years 446 13.2
    55-64 years 454 13.5
    65-74 years 403 12.0
    Others 1341 39.8
    Age Group
    Census Count Percent(%)
    Not Married 1243 48.3
    Registered Married 1130 43.9
    Defacto Relationship 199 7.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 2684 84.0
    Netherlands 21 0.7
    Papua New Guinea 89 2.8
    United Kingdom 187 5.9
    Other 58 1.8
    Others 156 4.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 22 0.7
    Christianity 2592 83.5
    Islam 12 0.4
    Other Religious Groups 17 0.5
    No Religion 453 14.6
    Others 9 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 203 16.4
    $400-$599 230 18.6
    $600-$799 172 13.9
    $800-$999 109 8.8
    $1,500-$1,999 107 8.7
    Others 415 33.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1427 53.6
    Employed, worked full-time 676 25.4
    Employed, worked part-time 377 14.2
    Unemployed, looking for work 102 3.8
    Employed, away from work 78 2.9
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 177 15.7
    Community & personal service workers 136 12.0
    Clerical & administrative workers 160 14.2
    Sales 168 14.9
    Labourers 140 12.4
    Others 349 30.9
    Occupation
    Census Count Percent(%)
    Pre-school 46 7.0
    Infants/Primary 238 36.4
    Secondary 227 34.7
    Technical or Further Educational Institution 78 11.9
    University or other Tertiary Institutions 56 8.6
    Others 9 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2580 82.0
    Semi-detached, row or terrace house, townhouse 356 11.3
    Flat, unit or apartment 212 6.7
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 510 38.0
    Rented 439 32.7
    Being purchased 344 25.7
    Other tenure type 48 3.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals