Suburb Profile Report for Lalor Park NSW (2147)

Lalor Park House: Median price $665,000, Annual capital growth 7.37%, Number of sales 103, Weekly median advertised rent $400

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

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.

  • House Report

Property investors who have had real estate in Lalor Park, 2147 should be ok with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.56%

A 10.82% growth in median value for property investors in Lalor Park,2147 puts this suburb at number 673th in terms of best performing suburbs in NSW

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 Lalor Park, 2147. Typically our figures indicate that -2.27% is being offered, which puts this NSW suburb at 2583th most discounted overall in Australia.

At number 189 in a list of fastest selling suburbs, Lalor Park is in the TOP 10% of suburbs in Australia with an average of days on market 34.0758 for properties listed there.

With the median price for a house in Lalor Park being $665000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 3.13%

Metrics i HOUSE UNIT
$665,000 N/A
2.31% N/A
5.56% N/A
7.37% N/A
$400 N/A
103 N/A
3.13% N/A
34.0757575757576 N/A

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), Balanced (U)
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Demographics
Total population 6981
Median household income ($/weekly) 1017
Median age of persons 36
Median housing loan repayment ($/monthly) 1863
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 954 13.7
    25-34 years 1018 14.6
    35-44 years 996 14.3
    45-54 years 976 14.0
    55-64 years 720 10.3
    Others 2317 33.2
    Age Group
    Census Count Percent(%)
    Not Married 2570 50.0
    Registered Married 2176 42.4
    Defacto Relationship 391 7.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 5012 76.3
    Papua New Guinea 160 2.4
    Philippines 144 2.2
    United Kingdom 187 2.8
    Other 328 5.0
    Others 735 11.2
    Country of Birth
    Census Count Percent(%)
    Buddhism 71 1.1
    Christianity 4873 74.9
    Hinduism 196 3.0
    Islam 241 3.7
    No Religion 1063 16.3
    Others 62 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 280 12.0
    $400-$599 234 10.0
    $600-$799 248 10.6
    $1,500-$1,999 310 13.2
    $2,000-$2,499 213 9.1
    Others 1055 45.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1990 38.6
    Employed, worked full-time 1967 38.1
    Employed, worked part-time 776 15.0
    Unemployed, looking for work 257 5.0
    Employed, away from work 171 3.3
    Person Characteristics
  • Census Count Percent(%)
    Professionals 434 14.9
    Technicians & trades workers 470 16.1
    Clerical & administrative workers 528 18.1
    Machinery operators & drivers 349 12.0
    Labourers 309 10.6
    Others 825 28.3
    Occupation
    Census Count Percent(%)
    Pre-school 159 9.8
    Infants/Primary 608 37.5
    Secondary 442 27.3
    Technical or Further Educational Institution 216 13.3
    University or other Tertiary Institutions 153 9.4
    Others 43 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 6448 96.0
    Flat, unit or apartment 149 2.2
    Semi-detached, row or terrace house, townhouse 97 1.4
    House or flat attached to a shop, office 24 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 943 37.3
    Rented 892 35.3
    Fully owned 677 26.8
    Other tenure type 17 0.7
    Tenure Type
Census 2011, ABS
Chart Table