Suburb Profile Report for Lake Heights NSW (2502)

Lake Heights House: Median price $531,500, Annual capital growth 7.05%, Number of sales 70, Weekly median advertised rent $445

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

Source: CoreLogic

  • House Report

Lake Heights is in the TOP 30% in NSW when comparing median price capital growth over the last year. Lake Heights gave property investors a good capital gain figure when compared to the rest of the state, with 15.54%.

Lake Heights,2502 was ranked 897 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -4.84% to buyers in Lake Heights at the moment, which is less than average for the rest of NSW.

Property investors should expect to get $445 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$531,500 N/A
4.68% N/A
15.54% N/A
7.05% N/A
$445 N/A
70 N/A
4.35% N/A
51.33 N/A

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 3260
Median household income ($/weekly) 895
Median age of persons 41
Median housing loan repayment ($/monthly) 1850
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 374 11.5
    25-34 years 428 13.1
    35-44 years 386 11.8
    45-54 years 425 13.0
    55-64 years 365 11.2
    Others 1281 39.3
    Age Group
    Census Count Percent(%)
    Registered Married 1202 48.4
    Not Married 1072 43.2
    Defacto Relationship 208 8.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1953 64.1
    Germany 184 6.0
    Japan 147 4.8
    United Kingdom 104 3.4
    Other 338 11.1
    Others 321 10.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 29 1.0
    Christianity 2485 82.2
    Islam 127 4.2
    Other Religious Groups 7 0.2
    No Religion 373 12.3
    Others 3 0.1
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 115 10.4
    $400-$599 185 16.8
    $600-$799 112 10.2
    $1,000-$1,249 125 11.3
    $1,500-$1,999 126 11.4
    Others 440 39.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1211 47.9
    Employed, worked full-time 724 28.7
    Employed, worked part-time 354 14.0
    Unemployed, looking for work 135 5.3
    Employed, away from work 103 4.1
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 214 18.1
    Clerical & administrative workers 165 13.9
    Sales 137 11.6
    Machinery operators & drivers 142 12.0
    Labourers 173 14.6
    Others 352 29.8
    Occupation
    Census Count Percent(%)
    Pre-school 61 10.1
    Infants/Primary 215 35.8
    Secondary 183 30.4
    Technical or Further Educational Institution 74 12.3
    University or other Tertiary Institutions 53 8.8
    Others 15 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2732 88.8
    Flat, unit or apartment 250 8.1
    Semi-detached, row or terrace house, townhouse 72 2.3
    House or flat attached to a shop, office 22 0.7
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 569 47.9
    Being purchased 342 28.8
    Rented 272 22.9
    Other tenure type 6 0.5
    Tenure Type
Census 2011, ABS
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