Suburb Profile Report for Lavington NSW (2641)

Lavington House: Median price $270,000, Annual capital growth 1.92%, Number of sales 208, Weekly median advertised rent $290

Lavington Unit: Median price $170,000, Annual capital growth 1.27%, Number of sales 94, Weekly median advertised rent $200

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Lavington, 2641 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this NSW suburb was 5.26%.

When looking at the potential capital gains offered to property investors over the last 3 years, Lavington comes in at number 1272th in NSW.

Property buyers and investors in Lavington 2641 should be seeing an average reduction in asking price of around -6.21% . This means that Lavington is holding prices well when compared to other suburbs in NSW.

Often selling an investment property can take time, and in Lavington the average time real estate has been on the market is 99.33 days.

Property investors should expect to get $290 weekly from the median priced house in this suburb.

With a capital gain of 8.28% for the last 12 months, Lavington, 2641 has performed for property investments than its average annual 1.27% property growth over the last 5 years.

Lavington,2641 has offered an average of 8.28% return per annum in house price rises to property investors over the last three years.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.16% offered to property buyers. Sellers in Lavington itself are offering an average vendor discount of -7.09% to real estate investors.

Situated 429.23km from the CBD, Lavington is one of Albury localities in the postcode 2641.

Metrics i HOUSE UNIT
$270,000 $170,000
1.98% -2.86%
5.26% 8.28%
1.92% 1.27%
$290 $200
208 94
5.59% 6.12%
99.33 97.81

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 12031
Median household income ($/weekly) 826
Median age of persons 39
Median housing loan repayment ($/monthly) 1300
Average household size 2.2
  • Census Count Percent(%)
    5-14 years 1412 11.7
    25-34 years 1529 12.7
    35-44 years 1368 11.4
    45-54 years 1597 13.3
    55-64 years 1614 13.4
    Others 4512 37.5
    Age Group
    Census Count Percent(%)
    Not Married 4221 47.0
    Registered Married 3961 44.1
    Defacto Relationship 807 9.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 10165 89.0
    Greece 91 0.8
    Indonesia 105 0.9
    United Kingdom 281 2.5
    Other 271 2.4
    Others 504 4.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 77 0.7
    Christianity 8429 77.0
    Hinduism 130 1.2
    Islam 97 0.9
    No Religion 2173 19.9
    Others 39 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 507 11.0
    $400-$599 748 16.3
    $600-$799 598 13.0
    $800-$999 456 9.9
    $1,500-$1,999 523 11.4
    Others 1766 38.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 3611 38.3
    Employed, worked full-time 3307 35.1
    Employed, worked part-time 1735 18.4
    Unemployed, looking for work 414 4.4
    Employed, away from work 361 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 630 11.7
    Technicians & trades workers 931 17.2
    Clerical & administrative workers 707 13.1
    Sales 701 13.0
    Labourers 738 13.7
    Others 1693 31.4
    Occupation
    Census Count Percent(%)
    Pre-school 186 7.3
    Infants/Primary 874 34.4
    Secondary 720 28.4
    Technical or Further Educational Institution 416 16.4
    University or other Tertiary Institutions 290 11.4
    Others 52 2.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8648 76.5
    Flat, unit or apartment 1839 16.3
    Semi-detached, row or terrace house, townhouse 722 6.4
    Caravan, cabin, houseboat 70 0.6
    House or flat attached to a shop, office 21 0.2
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1806 36.8
    Being purchased 1573 32.0
    Fully owned 1512 30.8
    Other tenure type 17 0.3
    Tenure Type
Census 2011, ABS
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