Suburb Profile Report for Lithgow NSW (2790)

Lithgow House: Median price $325,250, Annual capital growth 5.59%, Number of sales 82, Weekly median advertised rent $320

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

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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  • House Report

Property value increases in Lithgow have tracked close to the NSW average of -4.28% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Lithgow comes in at number 171th in NSW.

Lithgow, 2790 is offering NSW ‘s 601th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this NSW.

Lithgow, 2790’s gross rental yield is 5.12%

Information supplied by:




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Lithgow, NSW – Rental demand increases

Postcode: 2790

Median house price: $330,000

Vacancy rate: 2.3%

Three-year growth: 27%

Situated at the western edge of the Blue Mountains, the suburb of Lithgow acts as a gateway to the Capertee and Wollemi national parks, which hold wonders like bird watching trails, Aboriginal rock paintings, canyons and rivers. Fresh local produce makes Lithgow a foodie destination that is especially known for its cheese and whiskey.

The suburb thrives in its history and natural charms, having played a crucial role in the country’s mining, steel and rail industries. Glen Davis Ruins contains the remains of a WWII-era village, while the brightly lit Glow Worm Tunnel houses part of the Newnes railway.

The average vacancy rate in the suburb dropped from 2.4% to 2.3% in the year to July 2019.

 

Metrics i HOUSE UNIT
$325,250 N/A
0.62% N/A
-6.81% N/A
5.59% N/A
$320 N/A
82 N/A
5.12% N/A
86.5223880597015 N/A

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 5649
Median household income ($/weekly) 780
Median age of persons 44
Median housing loan repayment ($/monthly) 1300
Average household size 2.1
  • Census Count Percent(%)
    5-14 years 605 10.7
    35-44 years 660 11.7
    45-54 years 770 13.6
    55-64 years 774 13.7
    65-74 years 661 11.7
    Others 2182 38.6
    Age Group
    Census Count Percent(%)
    Not Married 1986 47.8
    Registered Married 1800 43.3
    Defacto Relationship 372 8.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4802 89.9
    Papua New Guinea 42 0.8
    Philippines 36 0.7
    United Kingdom 191 3.6
    Other 72 1.3
    Others 196 3.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 69 1.3
    Christianity 4091 78.9
    Hinduism 21 0.4
    Islam 23 0.4
    No Religion 960 18.5
    Others 19 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 295 13.5
    $400-$599 356 16.2
    $600-$799 262 12.0
    $800-$999 190 8.7
    $1,500-$1,999 222 10.1
    Others 866 39.5
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2083 46.9
    Employed, worked full-time 1337 30.1
    Employed, worked part-time 663 14.9
    Unemployed, looking for work 196 4.4
    Employed, away from work 159 3.6
    Person Characteristics
  • Census Count Percent(%)
    Professionals 277 12.8
    Technicians & trades workers 367 17.0
    Community & personal service workers 289 13.4
    Clerical & administrative workers 302 14.0
    Machinery operators & drivers 317 14.7
    Others 605 28.0
    Occupation
    Census Count Percent(%)
    Pre-school 97 9.1
    Infants/Primary 356 33.5
    Secondary 345 32.5
    Technical or Further Educational Institution 150 14.1
    University or other Tertiary Institutions 86 8.1
    Others 28 2.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4459 86.3
    Semi-detached, row or terrace house, townhouse 443 8.6
    Flat, unit or apartment 191 3.7
    House or flat attached to a shop, office 74 1.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 925 40.1
    Rented 739 32.0
    Being purchased 636 27.6
    Other tenure type 6 0.3
    Tenure Type
Census 2011, ABS
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