Suburb Profile Report for Lismore Heights NSW (2480)

Lismore Heights House: Median price $330,000, Annual capital growth 2.65%, Number of sales 46, Weekly median advertised rent $343

Lismore Heights Unit: Median price $257,500, Annual capital growth 5.58%, Number of sales 23, Weekly median advertised rent $265

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 10.00% for the last 12 months, Lismore Heights, 2480 has performed for property investments than its average annual 2.65% property growth over the last 5 years.

While Lismore Heights,2480 ranked number 834th in NSW for increase in median house value (annualised) increase, it is ranked 1180th over the last 5 years.

Property buyers and investors in Lismore Heights 2480 should be seeing an average reduction in asking price of around -5.18% . This means that Lismore Heights is holding prices well when compared to other suburbs in NSW.

On average over the past year, suburb has had 3.83 sales per month, which equates to 46 per year.

Situated 582.67km from the CBD, Lismore Heights is one of Lismore localities in the postcode 2480.

Property investors who have had real estate in Lismore Heights, 2480 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 8.88%

Lismore Heights, 2480 is offering NSW ‘s 409th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this NSW.

In the last year 23 properties changed hands in Lismore Heights, which puts it as the 409th most active market in NSW when comparing the number of sales per suburb.

With the median price for a house in Lismore Heights being $257500 and the advertised rent reaching $265 the gross rental yield for property investors calculates out to be 5.35%

HOUSE UNIT
$330,000 $257,500
0.00% 1.38%
10.00% 8.88%
2.65% 5.58%
$343 $265
46 23
5.40% 5.35%
101.03 82.36

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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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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