Suburb Profile Report for Lucknow VIC (3875)

Lucknow House: Median price $244,250, Annual capital growth -0.53%, Number of sales 18, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report

Lucknow is in the bottom 40% in VIC when comparing median price capital growth over the last year. Lucknow gave property investors a disappointing capital gain figure when compared to the rest of the state, with 6.20%.

State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.03% offered to property buyers. Sellers in Lucknow itself are offering an average vendor discount of -4.52% to real estate investors.

Advertised rents are around the $290 mark per week – giving a return of 6.17% based on the median price in Suburb

HOUSE UNIT
$244,250 N/A
8.56% N/A
6.20% N/A
-0.53% N/A
$290 N/A
18 N/A
6.17% N/A
105 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 1065
Median household income ($/weekly) 931
Median age of persons 42
Median housing loan repayment ($/monthly) 1335
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 134 12.6
    25-34 years 101 9.5
    35-44 years 131 12.3
    45-54 years 148 13.9
    55-64 years 179 16.8
    Others 372 34.9
    Age Group
    Census Count Percent(%)
    Registered Married 428 54.8
    Not Married 275 35.2
    Defacto Relationship 78 10.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 950 92.1
    Japan 6 0.6
    Papua New Guinea 15 1.5
    United Kingdom 32 3.1
    Other 10 1.0
    Others 19 1.8
    Country of Birth
    Census Count Percent(%)
    Christianity 635 65.2
    No Religion 331 34.0
    Buddhism 4 0.4
    Hinduism 4 0.4
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 56 15.9
    $600-$799 47 13.4
    $800-$999 52 14.8
    $1,000-$1,249 45 12.8
    $1,500-$1,999 36 10.2
    Others 116 33.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 296 35.5
    Employed, worked full-time 272 32.7
    Employed, worked part-time 199 23.9
    Employed, away from work 42 5.0
    Unemployed, looking for work 24 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 59 11.5
    Professionals 63 12.3
    Technicians & trades workers 79 15.4
    Sales 70 13.7
    Labourers 76 14.8
    Others 165 32.2
    Occupation
    Census Count Percent(%)
    Pre-school 20 9.1
    Infants/Primary 86 39.1
    Secondary 65 29.5
    Technical or Further Educational Institution 28 12.7
    University or other Tertiary Institutions 13 5.9
    Others 8 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 922 92.9
    Caravan, cabin, houseboat 33 3.3
    Flat, unit or apartment 32 3.2
    Semi-detached, row or terrace house, townhouse 5 0.5
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 161 41.3
    Being purchased 136 34.9
    Rented 93 23.8
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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