Suburb Profile Report for Lucknow VIC (3875)

Lucknow House: Median price $238,750, Annual capital growth 3.42%, Number of sales 22, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report

Property value increases in Lucknow have tracked just lower than the VIC average of 8.13% over the last 12 months.

If we look at median property appreciation over just the last three months, Lucknow has given property investors a paper return of 3.80%. This puts Suburb as 120 on a list of fastest fasting appreciating suburbs in VIC

Lucknow, 3875 is offering VIC ‘s 530th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 20% of discounts offered by this VIC.

Using the current median advertised rental of $290 and the average annual increase in value of a median property of 3.42%, investors should hope to achieve an overall return of 6.32%

HOUSE UNIT
$238,750 N/A
3.80% N/A
3.80% N/A
3.42% N/A
$290 N/A
22 N/A
6.32% N/A
81.06 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Below average (U)
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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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Recent sales & rentals