Suburb Profile Report for Lismore VIC (3324)

Lismore House: Median price $140,000, Annual capital growth 31.69%, Number of sales 16, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Lismore, 3324 should be pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 40.00%

Property investors looking for a bargain in Lismore should be aiming for at least -12.40% off the asking price, which is the average vendor discount being achieved at the moment.

In the last year 16 properties changed hands in Lismore, which puts it as the 621th most active market in VIC when comparing the number of sales per suburb.

The VIC suburb of Lismore, 3324 is in the Corangamite local government area.

HOUSE UNIT
$140,000 N/A
N/A N/A
40.00% N/A
31.69% N/A
N/A N/A
16 N/A
N/A N/A
159.75 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Balanced (H)
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Demographics
Total population 559
Median household income ($/weekly) 654
Median age of persons 53
Median housing loan repayment ($/monthly) 480
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 56 10.0
    45-54 years 94 16.8
    55-64 years 118 21.1
    65-74 years 78 14.0
    75-84 years 50 9.0
    Others 162 29.0
    Age Group
    Census Count Percent(%)
    Registered Married 229 52.9
    Not Married 171 39.5
    Defacto Relationship 33 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 479 90.5
    Egypt 6 1.1
    Greece 6 1.1
    Papua New Guinea 6 1.1
    United Kingdom 17 3.2
    Others 15 2.8
    Country of Birth
    Census Count Percent(%)
    Christianity 398 80.2
    No Religion 92 18.5
    Buddhism 6 1.2
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 36 15.9
    $400-$599 34 15.0
    $600-$799 41 18.1
    $800-$999 28 12.3
    $1,000-$1,249 18 7.9
    Others 70 30.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 189 43.2
    Employed, worked full-time 141 32.3
    Employed, worked part-time 70 16.0
    Employed, away from work 24 5.5
    Unemployed, looking for work 13 3.0
    Person Characteristics
  • Census Count Percent(%)
    Managers 115 48.1
    Technicians & trades workers 19 7.9
    Community & personal service workers 20 8.4
    Clerical & administrative workers 15 6.3
    Labourers 29 12.1
    Others 41 17.2
    Occupation
    Census Count Percent(%)
    Secondary 34 39.1
    Infants/Primary 32 36.8
    Technical or Further Educational Institution 9 10.3
    Pre-school 6 6.9
    University or other Tertiary Institutions 6 6.9
    Others 0 0.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 493 95.7
    Flat, unit or apartment 11 2.1
    House or flat attached to a shop, office 5 1.0
    Semi-detached, row or terrace house, townhouse 3 0.6
    Improvised home, tent, sleepers out 3 0.6
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 138 56.3
    Being purchased 66 26.9
    Rented 38 15.5
    Other tenure type 3 1.2
    Tenure Type
Census 2011, ABS
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