Suburb Profile Report for East Lismore NSW (2480)

East Lismore House: Median price $320,000, Annual capital growth 2.21%, Number of sales 116, Weekly median advertised rent $350

East Lismore Unit: Median price $254,750, Annual capital growth 14.76%, Number of sales 15, Weekly median advertised rent $233

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in East Lismore has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -1.54%

East Lismore,2480 was ranked 2486 in Australia by increase in median property value over the quarter.

The most recent median price for East Lismore is $320000, with sellers offering an average of -4.40% off the asking price.

The NSW suburb of East Lismore, 2480 is in the Lismore local government area.

A $232.5 per week rent on the median house gives suburb investors a gross yield of circa 4.75%, without taking into account capital value appreciation, which has been averaging out at 14.76%.

HOUSE UNIT
$320,000 $254,750
0.00% 18.49%
-1.54% N/A
2.21% 14.76%
$350 $233
116 15
5.69% 4.75%
83.77 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 4987
Median household income ($/weekly) 833
Median age of persons 38
Median housing loan repayment ($/monthly) 1548
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 595 11.9
    25-34 years 559 11.2
    35-44 years 585 11.7
    45-54 years 683 13.7
    55-64 years 484 9.7
    Others 2080 41.7
    Age Group
    Census Count Percent(%)
    Not Married 1874 51.2
    Registered Married 1405 38.4
    Defacto Relationship 378 10.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4367 91.0
    Croatia 40 0.8
    Papua New Guinea 45 0.9
    United Kingdom 97 2.0
    Other 72 1.5
    Others 176 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 80 1.7
    Christianity 3340 72.5
    Australian Aboriginal Traditional Religions 11 0.2
    Other Religious Groups 30 0.7
    No Religion 1132 24.6
    Others 17 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 239 13.4
    $400-$599 273 15.3
    $600-$799 218 12.2
    $800-$999 183 10.2
    $1,500-$1,999 207 11.6
    Others 668 37.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1660 42.1
    Employed, worked full-time 1121 28.4
    Employed, worked part-time 798 20.2
    Unemployed, looking for work 229 5.8
    Employed, away from work 134 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 355 17.3
    Technicians & trades workers 287 14.0
    Clerical & administrative workers 261 12.7
    Sales 293 14.3
    Labourers 274 13.4
    Others 581 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 96 7.0
    Infants/Primary 386 28.2
    Secondary 350 25.5
    Technical or Further Educational Institution 136 9.9
    University or other Tertiary Institutions 380 27.7
    Others 23 1.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4002 85.7
    Flat, unit or apartment 414 8.9
    Semi-detached, row or terrace house, townhouse 249 5.3
    Improvised home, tent, sleepers out 4 0.1
    House or flat attached to a shop, office 3 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 709 37.5
    Fully owned 628 33.2
    Being purchased 548 29.0
    Other tenure type 7 0.4
    Tenure Type
Census 2011, ABS
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