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East Lismore
AREA REPORTS

East Lismore

East Lismore - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2480

house

EAST LISMORE, 2480 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.

Average median house prices in NSW have risen as a whole, pulling EAST LISMORE, 2480 values up and netting property investors a capital gain of 12.01% for the past year.

Investors saw the median home price rise to $450,000.

Profits due to an upward trend in home prices in the suburb averaged 7.76% per annum over a 3-year period.

EAST LISMORE now ranks at the 836th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in EAST LISMORE are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $400 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In EAST LISMORE, homes and units usually stay on listing for an average of 65.4 days.

In 2016, 96 properties were sold in EAST LISMORE during the past year, making it the 20th most active market in NSW based on total real estate transactions.

Data report can be found below

East Lismore
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $450,000 N/A
GROWTH REPORT
Median Quarterly 2.27% N/A
Median 12 month 12.01% N/A
Median 3 years 23.29% N/A
Median 5 years 40.63% N/A
10 years average annual 3.36% N/A
Weekly media advert. rent $400 N/A
Time on Market 65.4 days N/A
Gross Rental Yield Percent 4.62% N/A
demographics (median values)*
Total Population
44599
Weekly Household Income
1069
Household Size
2.40
Age
43
Monthly Loan Repayment
1430
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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