Suburb Profile Report for Lavington NSW (2641)

Lavington House: Median price $260,250, Annual capital growth 1.91%, Number of sales 200, Weekly median advertised rent $285

Lavington Unit: Median price $169,000, Annual capital growth 2.18%, Number of sales 95, Weekly median advertised rent $200

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

Source: CoreLogic

  • House Report
  • Unit Report

At number 2543th in the list of Australian suburbs ordered by increase in median house value over the last year, Lavington, 2641 is in the BOTTOM 40% with a property value increase of 2.06% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Lavington,2641 has racked up an average of 2.06% over the period. This ranks it number 2279th in the whole country for real estate investors looking at median house price increases.

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.49% offered to property buyers. Sellers in Lavington itself are offering an average vendor discount of -6.24% to real estate investors.

In the last year 200 properties changed hands in Lavington, which puts it as the 65th most active market in NSW when comparing the number of sales per suburb.

Property investors should expect to get $285 weekly from the median priced house in this suburb.

Investment property in Lavington has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 15.75%

Lavington,2641 has offered an average of 15.75% return per annum in house price rises to property investors over the last three years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Lavington, 2641. Typically our figures indicate that -6.75% is being offered, which puts this NSW suburb at 307th most discounted overall in Australia.

Lavington, 2641’s gross rental yield is 6.15%

HOUSE UNIT
$260,250 $169,000
0.00% 2.52%
2.06% 15.75%
1.91% 2.18%
$285 $200
200 95
5.69% 6.15%
101.6 85.35

Source: CoreLogic

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