Suburb Profile Report for Lavington NSW (2641)

Lavington House: Median price $260,000, Annual capital growth 1.86%, Number of sales 207, Weekly median advertised rent $285

Lavington Unit: Median price $167,000, Annual capital growth 1.76%, Number of sales 93, Weekly median advertised rent $210

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

Source: CoreLogic

  • House Report
  • Unit Report

Lavington, 2641 ranked 975th in NSW when comparing growth in median property values or capital gain over the last 12 months. Lavington is one of 3163 in our list for NSW

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.

LACK OF BUYER INTEREST may well be the reason that Lavington is offering property investors an average of -5.50. This rate of discount on properties puts Suburb at number 401th in terms of most discounted suburbs in NSW

At number 2595 in a list of fastest selling suburbs, Lavington is in the bottom 40% of suburbs in Australia with an average of days on market 99.86 for properties listed there.

Advertised rents are around the $285 mark per week – giving a return of 5.70% based on the median price in Suburb

Lavington, 2641 ranked 91th in NSW when comparing growth in median property values or capital gain over the last 12 months. Lavington is one of 3163 in our list for NSW

If we look at median property appreciation over just the last three months, Lavington has given property investors a paper return of 1.52%. This puts Suburb as 256 on a list of fastest fasting appreciating suburbs in NSW

Lavington, 2641 is offering NSW ‘s 34th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this NSW.

Using the current median advertised rental of $210 and the average annual increase in value of a median property of 1.76%, investors should hope to achieve an overall return of 6.54%

HOUSE UNIT
$260,000 $167,000
0.39% 1.52%
2.36% 14.38%
1.86% 1.76%
$285 $210
207 93
5.70% 6.54%
99.86 84.55

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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