Suburb Profile Report for Lilyfield NSW (2040)

Lilyfield House: Median price $1,800,000, Annual capital growth 7.08%, Number of sales 108, Weekly median advertised rent $800

Lilyfield Unit: Median price $1,000,000, Annual capital growth 7.96%, Number of sales 25, Weekly median advertised rent $495

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

Source: Monthly data update for Feb 2021 as supplied by CoreLogic. Data is reported to the period ending Nov 2020. Please note that property sales data is routinely updated, so may change retrospectively.

  • Expert Report
  • House Report
  • Unit Report

Lilyfield is an average performer in NSW when comparing median price capital growth over the last year. Lilyfield gave property investors a average capital gain figure when compared to the rest of the state, with 9.09%.

Taking the average capital gain, or increase in median house value, Lilyfield,2040 has racked up an average of 9.09% over the period. This ranks it number 2109th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Lilyfield, 2040. Typically our figures indicate that -2.90% is being offered, which puts this NSW suburb at 2353th most discounted overall in Australia.

Often selling an investment property can take time, and in Lilyfield the average time real estate has been on the market is 34.4231 days.

Lilyfield, 2040’s gross rental yield is 2.31%

At number 1360th in the list of Australian suburbs ordered by increase in median house value over the last year, Lilyfield, 2040 is in the BOTTOM 20% with a property value increase of -6.10% recorded in median house prices.

Comparing Lilyfield,2040 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.05% offered to property buyers. Sellers in Lilyfield itself are offering an average vendor discount of -7.06% to real estate investors.

At number 234 in a list of fastest selling suburbs, Lilyfield is in the TOP 20% of suburbs in Australia with an average of days on market 49.0769 for properties listed there.

Using the current median advertised rental of $495 and the average annual increase in value of a median property of 7.96%, investors should hope to achieve an overall return of 2.57%

Information supplied by:

March 2017



Working-class suburb enjoys upgrade

Median house price: $1,567,500

Three-year growth: 60.60%

Rental yield: 2.49%

A stone’s throw west of the Sydney CBD, Lilyfield has seen its stock rise due to gentrification and renovation.

Originally a suburb for the working class, Lilyfield is now mainly targeted towards the middle class, with many investors choosing to redevelop the old workers’ cottages. Thus, the median house price has soared to over $1.5m. In the past 12 months alone, there was nearly 12% growth, with vendors unloading homes while offering a very low average discount of just 2.2%

Rental yield isn’t very high here given the high prices and stiff competition. Nonetheless, the income will surely be steady as the average vacancy rate indicates that the majority of properties are occupied.

Lilyfield is highly accessible by tram and several bus routes. The City West Link Road is linked to the A4, and various bicycle routes can lead to Parramatta.

Metrics i HOUSE UNIT
$1,800,000 $1,000,000
-0.28% -20.95%
9.09% -6.10%
7.08% 7.96%
$800 $495
108 25
2.31% 2.57%
34.4230769230769 49.0769230769231

Source: Monthly data update for Feb 2021 as supplied by CoreLogic. Data is reported to the period ending Nov 2020. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Very good (H), Above average (U)
Find a mortgage broker in Lilyfield NSW
Total population 7342
Median household income ($/weekly) 1871
Median age of persons 38
Median housing loan repayment ($/monthly) 3111
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 772 10.5
    25-34 years 1042 14.2
    35-44 years 1565 21.3
    45-54 years 1105 15.0
    55-64 years 759 10.3
    Others 2100 28.6
    Age Group
    Census Count Percent(%)
    Registered Married 2302 44.6
    Not Married 2132 41.3
    Defacto Relationship 733 14.2
    Social Marital Status
  • Census Count Percent(%)
    Australia 4941 71.2
    Japan 194 2.8
    Papua New Guinea 217 3.1
    United Kingdom 529 7.6
    Other 315 4.5
    Others 742 10.7
    Country of Birth
    Census Count Percent(%)
    Buddhism 156 2.3
    Christianity 3971 59.5
    Islam 69 1.0
    Judaism 52 0.8
    No Religion 2369 35.5
    Others 62 0.9
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 214 8.4
    $1,500-$1,999 232 9.1
    $2,500-$2,999 349 13.7
    $3,000-$3,499 219 8.6
    $4,000 or more 358 14.0
    Others 1183 46.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2554 46.3
    Not in the labour force 1595 28.9
    Employed, worked part-time 977 17.7
    Unemployed, looking for work 206 3.7
    Employed, away from work 187 3.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 750 20.2
    Professionals 1452 39.1
    Community & personal service workers 274 7.4
    Clerical & administrative workers 451 12.1
    Sales 265 7.1
    Others 524 14.1
    Census Count Percent(%)
    Pre-school 158 10.4
    Infants/Primary 561 36.9
    Secondary 275 18.1
    Technical or Further Educational Institution 121 8.0
    University or other Tertiary Institutions 362 23.8
    Others 45 3.0
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4156 62.3
    Semi-detached, row or terrace house, townhouse 1475 22.1
    Flat, unit or apartment 1016 15.2
    House or flat attached to a shop, office 23 0.3
    Improvised home, tent, sleepers out 5 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1041 37.6
    Being purchased 956 34.6
    Fully owned 758 27.4
    Other tenure type 11 0.4
    Tenure Type
Census 2011, ABS
Chart Table