Suburb Profile Report for Lalor Park NSW (2147)

Lalor Park House: Median price $740,000, Annual capital growth 8.59%, Number of sales 115, Weekly median advertised rent $400

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

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

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House Report

Lalor Park is an average performer in NSW when comparing median price capital growth over the last year. Lalor Park gave property investors a average capital gain figure when compared to the rest of the state, with 13.85%.

Lalor Park,2147 has offered an average of 13.85% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Lalor Park is offering property investors an average of -4.39. This rate of discount on properties puts Suburb at number 617th in terms of most discounted suburbs in NSW

With the median price for a house in Lalor Park being $740000 and the advertised rent reaching $400 the gross rental yield for property investors calculates out to be 2.81%

Metrics	HOUSE	UNIT
Median price	$740,000	N/A
Quarterly growth	7.05%	N/A
12-month growth	13.85%	N/A
Average Annual Growth	8.59%	N/A
Weekly median advertised rent	$400	N/A
Number of sales	115	N/A
Gross rental yield	2.81%	N/A
Days on market	28.2191780821918	N/A

DSR Score for property investment : 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