Suburb Profile Report for Lismore Heights NSW (2480)

Lismore Heights House: Median price $350,250, Annual capital growth 3.18%, Number of sales 51, Weekly median advertised rent $350

Lismore Heights Unit: Median price $235,000, Annual capital growth 4.11%, Number of sales 24, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Lismore Heights have tracked just higher than the NSW average of 7.47% over the last 12 months.

While Lismore Heights,2480 ranked number 346th in NSW for increase in median house value (annualised) increase, it is ranked 1151th over the last 5 years.

The most recent median price for Lismore Heights is $350250, with sellers offering an average of -5.26% off the asking price.

Advertised rents are around the $350 mark per week – giving a return of 5.20% based on the median price in Suburb

Property value increases in Lismore Heights have tracked lower than the NSW average of 5.88% over the last 12 months.

The five-year average increase in median property values for Lismore Heights,2480 has given property investors a potential capital gain of -11.15% across each of those five years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.41% offered to property buyers. Sellers in Lismore Heights itself are offering an average vendor discount of -4.74% to real estate investors.

Renters in Suburb are facing rents around $3480 per annum or $290 every week.

Metrics i HOUSE UNIT
$350,250 $235,000
4.55% N/A
12.98% -1.26%
3.18% 4.11%
$350 $290
51 24
5.20% 6.42%
99.62 100.58

Source: CoreLogic

DSR Score for property investment : Very good (U), Above average (H)
Find a mortgage broker in Lismore Heights NSW
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
Chart Table
Recent sales & rentals