Suburb Profile Report for Lavington NSW (2641)

Lavington House: Median price $270,000, Annual capital growth 1.95%, Number of sales 210, Weekly median advertised rent $290

Lavington Unit: Median price $177,000, Annual capital growth 1.63%, 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

Lavington has had a quite poor year for property investment returns compared to the rest of NSW, giving investors a capital gain of 4.25% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Lavington comes in at number 1283th in NSW.

Lavington2641 is located in NSW which offers an average discount of -5.22% to property investors. Lavington itself is showing figures that indicate -6.01% is the average achievable by property buyers investing in the suburb.

Using the current median advertised rental of $290 and the average annual increase in value of a median property of 1.95%, investors should hope to achieve an overall return of 5.59%

Over the last year, property investments in Lavington, 2641 have given investors a capital gain of 7.60%. This compares averagely with the 8.63% for NSW as a whole.

Over the longer term, Lavington has seen property prices show investors a 22.07% return over the last 3 years. This is worse than over the last 12 months

At number 26th of NSW’s most discounted properties, Lavington is in the bottom 10% of the state/territory when listing in order of most discounted to least.

Residents and property investors in Lavington have been waiting around 100.94 days to sell a property.

Situated 414.54km from the CBD, Lavington is one of Albury localities in the postcode 2641.

Metrics i HOUSE UNIT
$270,000 $177,000
0.93% 4.12%
4.25% 7.60%
1.95% 1.63%
$290 $200
210 94
5.59% 5.88%
92.28 100.94

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (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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Recent sales & rentals