Suburb Profile Report for Lismore Heights NSW (2480)

Lismore Heights House: Median price $335,000, Annual capital growth 2.82%, Number of sales 44, Weekly median advertised rent $340

Lismore Heights Unit: Median price $235,000, Annual capital growth -5.76%, Number of sales 22, Weekly median advertised rent $265

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 829th in the list of Australian suburbs ordered by increase in median house value over the last year, Lismore Heights, 2480 is in the top 30% with a property value increase of 11.67% recorded in median house prices.

Lismore Heights,2480 has offered an average of 11.67% return per annum in house price rises to property investors over the last three years.

Our latest figures would indicate that property sellers in Lismore Heights are currently offering property investors an average price cut of -5.77% below the asking price at the moment.

Renters in Suburb are facing rents around $4080 per annum or $340 every week.

If you compare the increase in value of investment property in Lismore Heights, 2480 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this NSW suburb was -4.47%.

The five-year average increase in median property values for Lismore Heights,2480 has given property investors a potential capital gain of -11.32% across each of those five years.

Our latest figures would indicate that property sellers in Lismore Heights are currently offering property investors an average price cut of -3.48% below the asking price at the moment.

In the last year 22 properties changed hands in Lismore Heights, which puts it as the 413th most active market in NSW when comparing the number of sales per suburb.

Situated 595.79km from the CBD, Lismore Heights is one of Lismore localities in the postcode 2480.

HOUSE UNIT
$335,000 $235,000
2.13% -7.48%
11.67% -4.47%
2.82% -5.76%
$340 $265
44 22
5.28% 5.86%
103.66 96.2

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 2193
Median household income ($/weekly) 933
Median age of persons 39
Median housing loan repayment ($/monthly) 1322
Average household size 2.3
  • Census Count Percent(%)
    5-14 years 256 11.7
    25-34 years 253 11.5
    35-44 years 289 13.2
    45-54 years 313 14.3
    55-64 years 278 12.7
    Others 805 36.7
    Age Group
    Census Count Percent(%)
    Not Married 801 47.8
    Registered Married 685 40.9
    Defacto Relationship 189 11.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 1977 92.9
    Japan 13 0.6
    Papua New Guinea 27 1.3
    United Kingdom 47 2.2
    Other 23 1.1
    Others 40 1.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 36 1.8
    Christianity 1393 69.1
    Islam 12 0.6
    Other Religious Groups 13 0.6
    No Religion 552 27.4
    Others 9 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 131 14.8
    $600-$799 110 12.5
    $1,000-$1,249 94 10.6
    $1,250-$1,499 95 10.8
    $1,500-$1,999 106 12.0
    Others 347 39.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 636 36.5
    Employed, worked full-time 591 33.9
    Employed, worked part-time 381 21.8
    Unemployed, looking for work 83 4.8
    Employed, away from work 53 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 247 24.2
    Technicians & trades workers 136 13.3
    Community & personal service workers 123 12.0
    Clerical & administrative workers 148 14.5
    Sales 117 11.5
    Others 250 24.5
    Occupation
    Census Count Percent(%)
    Pre-school 46 8.5
    Infants/Primary 189 34.8
    Secondary 119 21.9
    Technical or Further Educational Institution 55 10.1
    University or other Tertiary Institutions 122 22.5
    Others 12 2.2
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1778 83.6
    Semi-detached, row or terrace house, townhouse 280 13.2
    Flat, unit or apartment 67 3.1
    Caravan, cabin, houseboat 3 0.1
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 332 36.0
    Rented 303 32.9
    Being purchased 284 30.8
    Other tenure type 3 0.3
    Tenure Type
Census 2011, ABS
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Recent sales & rentals