Suburb Profile Report for Lismore Heights NSW (2480)

Lismore Heights House: Median price $335,000, Annual capital growth 2.86%, Number of sales 46, Weekly median advertised rent $343

Lismore Heights Unit: Median price $235,000, Annual capital growth 5.69%, Number of sales 24, Weekly median advertised rent $285

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

Source: CoreLogic

  • House Report
  • Unit Report

Lismore Heights is in the TOP 30% in NSW when comparing median price capital growth over the last year. Lismore Heights gave property investors a good capital gain figure when compared to the rest of the state, with 11.67%.

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.

Property investors looking for a bargain in Lismore Heights should be aiming for at least -6.19% off the asking price, which is the average vendor discount being achieved at the moment.

NSW has seen average median house prices change by 5.59% which means that Lismore Heights, 2480 has done well for property investors by showing a capital gain of -0.63% over the last year

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Lismore Heights has fallen somewhat when compared to the 5 year average annual rate.

Property investors looking for a bargain in Lismore Heights should be aiming for at least -4.16% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Lismore Heights have been waiting around 95.18 days to sell a property.

Renters in Suburb are facing rents around $3420 per annum or $285 every week.

HOUSE UNIT
$335,000 $235,000
1.52% -8.74%
11.67% -0.63%
2.86% 5.69%
$343 $285
46 24
5.32% 6.31%
110.24 95.18

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
Chart Table
Recent sales & rentals