Suburb Profile Report for Lavington NSW (2641)

Lavington House: Median price $265,000, Annual capital growth 1.86%, Number of sales 198, Weekly median advertised rent $290

Lavington Unit: Median price $171,250, Annual capital growth 1.86%, Number of sales 88, Weekly median advertised rent $200

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Lavington have tracked just lower than the NSW average of 9.74% over the last 12 months.

Lavington,2641 has offered an average of 3.92% return per annum in house price rises to property investors over the last three years.

Vendor discounting in Lavington is giving property investors an average Vendor Discount of around -6.43%. This puts suburb at number 291th in NSW when ranking the most discounted suburbs.

NSW has seen average median house prices change by 6.96% which means that Lavington, 2641 has done well for property investors by showing a capital gain of 11.20% 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 Lavington has increased when compared to the 5 year average annual rate.

Property investors looking for a bargain in Lavington should be aiming for at least -6.92% off the asking price, which is the average vendor discount being achieved at the moment.

Metrics i HOUSE UNIT
$265,000 $171,250
0.00% 0.74%
3.92% 11.20%
1.86% 1.86%
$290 $200
198 88
5.69% 6.07%
98.97 93.63

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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