Suburb Profile Report for South Lismore NSW (2480)

South Lismore House: Median price $282,500, Annual capital growth 3.34%, Number of sales 54, Weekly median advertised rent $360

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

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

  • House Report

Property value increases in South Lismore have tracked just higher than the NSW average of -0.66% over the last 12 months.

South Lismore,2480 was ranked 1606 in Australia by increase in median property value over the quarter.

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 South Lismore, 2480. Typically our figures indicate that -7.05% is being offered, which puts this NSW suburb at 1128th most discounted overall in Australia.

Often selling an investment property can take time, and in South Lismore the average time real estate has been on the market is 109.03 days.

Advertised rents are around the $360 mark per week – giving a return of 6.46% based on the median price in Suburb

Metrics i HOUSE UNIT
$282,500 N/A
0.00% N/A
4.50% N/A
3.34% N/A
$360 N/A
54 N/A
6.46% N/A
109.030304 N/A

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

DSR Score for property investment : Good (H), Balanced (U)
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Demographics
Total population 1901
Median household income ($/weekly) 796
Median age of persons 34
Median housing loan repayment ($/monthly) 1213
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 317 16.7
    25-34 years 240 12.6
    35-44 years 293 15.4
    45-54 years 261 13.7
    55-64 years 193 10.1
    Others 598 31.4
    Age Group
    Census Count Percent(%)
    Not Married 704 53.6
    Registered Married 407 31.0
    Defacto Relationship 202 15.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 1704 93.8
    Papua New Guinea 22 1.2
    Philippines 9 0.5
    United Kingdom 40 2.2
    Other 20 1.1
    Others 22 1.2
    Country of Birth
    Census Count Percent(%)
    Christianity 1205 69.4
    No Religion 499 28.7
    Buddhism 26 1.5
    Other Religious Groups 7 0.4
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 65 10.5
    $400-$599 82 13.2
    $600-$799 104 16.7
    $800-$999 76 12.2
    $1,000-$1,249 66 10.6
    Others 229 36.8
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 517 37.4
    Employed, worked full-time 430 31.1
    Employed, worked part-time 287 20.8
    Unemployed, looking for work 107 7.7
    Employed, away from work 41 3.0
    Person Characteristics
  • Census Count Percent(%)
    Technicians & trades workers 113 14.9
    Community & personal service workers 85 11.2
    Sales 99 13.1
    Machinery operators & drivers 90 11.9
    Labourers 150 19.8
    Others 220 29.1
    Occupation
    Census Count Percent(%)
    Pre-school 34 7.0
    Infants/Primary 193 39.5
    Secondary 158 32.3
    Technical or Further Educational Institution 47 9.6
    University or other Tertiary Institutions 50 10.2
    Others 7 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1637 91.4
    Flat, unit or apartment 122 6.8
    House or flat attached to a shop, office 25 1.4
    Semi-detached, row or terrace house, townhouse 7 0.4
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 272 40.8
    Rented 211 31.6
    Fully owned 184 27.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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