Suburb Profile Report for Lakelands NSW (2282)

Lakelands House: Median price $706,250, Annual capital growth 4.24%, Number of sales 24, Weekly median advertised rent $498

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

Source: CoreLogic

  • House Report

With a capital gain of 5.25% for the last 12 months, Lakelands, 2282 has performed for property investments than its average annual 4.24% property growth over the last 5 years.

Lakelands,2282 has offered an average of 5.25% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Lakelands is giving property investors an average Vendor Discount of around -2.63%. This puts suburb at number 1166th in NSW when ranking the most discounted suburbs.

The NSW suburb of Lakelands, 2282 is in the Lake Macquarie local government area.

HOUSE UNIT
$706,250 N/A
0.89% N/A
5.25% N/A
4.24% N/A
$498 N/A
24 N/A
3.66% N/A
66.7 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 1506
Median household income ($/weekly) 1928
Median age of persons 41
Median housing loan repayment ($/monthly) 1800
Average household size 3
  • Census Count Percent(%)
    5-14 years 237 15.7
    15-19 years 146 9.7
    35-44 years 183 12.1
    45-54 years 313 20.8
    55-64 years 191 12.7
    Others 437 29.0
    Age Group
    Census Count Percent(%)
    Registered Married 694 61.0
    Not Married 398 35.0
    Defacto Relationship 46 4.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 1273 87.3
    Papua New Guinea 18 1.2
    South Africa 14 1.0
    United Kingdom 49 3.4
    Other 17 1.2
    Others 88 6.0
    Country of Birth
    Census Count Percent(%)
    Buddhism 24 1.7
    Christianity 1149 79.4
    Hinduism 26 1.8
    Other Religious Groups 13 0.9
    No Religion 232 16.0
    Others 4 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,250-$1,499 33 7.5
    $1,500-$1,999 61 13.9
    $2,000-$2,499 57 13.0
    $2,500-$2,999 57 13.0
    $3,000-$3,499 49 11.2
    Others 182 41.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 499 42.3
    Not in the labour force 326 27.6
    Employed, worked part-time 285 24.1
    Employed, away from work 43 3.6
    Unemployed, looking for work 28 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 96 11.6
    Professionals 194 23.5
    Technicians & trades workers 99 12.0
    Clerical & administrative workers 153 18.5
    Sales 98 11.9
    Others 186 22.5
    Occupation
    Census Count Percent(%)
    Pre-school 33 7.3
    Infants/Primary 137 30.1
    Secondary 151 33.2
    Technical or Further Educational Institution 36 7.9
    University or other Tertiary Institutions 86 18.9
    Others 12 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1346 92.3
    Semi-detached, row or terrace house, townhouse 112 7.7
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 217 45.7
    Fully owned 207 43.6
    Rented 51 10.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals