Suburb Profile Report for Lakewood NSW (2443)

Lakewood House: Median price $395,000, Annual capital growth 2.83%, Number of sales 35, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report

NSW has seen average median house prices change by 7.28% which means that Lakewood, 2443 has done well for property investors by showing a capital gain of -2.11% over the last year

Comparing Lakewood,2443 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Lakewood, 2443. Typically our figures indicate that -2.85% is being offered, which puts this NSW suburb at 3605th most discounted overall in Australia.

On average over the past year, suburb has had 2.92 sales per month, which equates to 35 per year.

Advertised rents are around the $400 mark per week – giving a return of 5.27% based on the median price in Suburb

Metrics i HOUSE UNIT
$395,000 N/A
-2.11% N/A
-2.11% N/A
2.83% N/A
$400 N/A
35 N/A
5.27% N/A
70 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 1317
Median household income ($/weekly) 707
Median age of persons 54
Median housing loan repayment ($/monthly) 1560
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 139 10.5
    45-54 years 138 10.5
    55-64 years 224 17.0
    65-74 years 242 18.4
    75-84 years 145 11.0
    Others 430 32.6
    Age Group
    Census Count Percent(%)
    Registered Married 627 60.7
    Not Married 320 31.0
    Defacto Relationship 86 8.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1114 87.0
    Greece 13 1.0
    Papua New Guinea 20 1.6
    United Kingdom 104 8.1
    Other 7 0.5
    Others 23 1.8
    Country of Birth
    Census Count Percent(%)
    Christianity 982 78.7
    No Religion 262 21.0
    Buddhism 3 0.2
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 59 11.9
    $400-$599 110 22.1
    $600-$799 91 18.3
    $800-$999 61 12.3
    $1,000-$1,249 46 9.3
    Others 130 26.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 672 62.3
    Employed, worked full-time 188 17.4
    Employed, worked part-time 138 12.8
    Unemployed, looking for work 51 4.7
    Employed, away from work 30 2.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 45 12.6
    Technicians & trades workers 61 17.1
    Community & personal service workers 52 14.6
    Sales 54 15.1
    Labourers 44 12.3
    Others 101 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 20 9.5
    Infants/Primary 89 42.2
    Secondary 68 32.2
    Technical or Further Educational Institution 17 8.1
    University or other Tertiary Institutions 11 5.2
    Others 6 2.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1234 96.0
    Caravan, cabin, houseboat 29 2.3
    Semi-detached, row or terrace house, townhouse 16 1.2
    Flat, unit or apartment 6 0.5
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 316 60.5
    Being purchased 117 22.4
    Rented 89 17.0
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals