South Lismore

POSTAL CODE: NSW, 2480

HOUSE

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $405,430.

The upward trend in home prices in SOUTH LISMORE, 2480 averaged 28.1% per annum over a 3-year period.

Average weekly rents on listings have reached the $525 mark, reflecting a 6.73% increase in returns based on the current median price in SOUTH LISMORE.

An average of 7.17 real estate transactions take place per month in SOUTH LISMORE which translates to 86 per annum.

86 properties were sold in SOUTH LISMORE in 2016, making it the 78th most active market in NSW based on total real estate transactions.

SOUTH LISMORE, 2480 places 224th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$405,430	N/A
Growth Report
Median Quarterly	4.63%	N/A
Median 12 month	14.21%	N/A
Median 3 years	84.29%	N/A
Median 5 years	16.34%	N/A
10 years average annual	7.44%	N/A
Weekly media advert. rent	$525	N/A
Time on Market	73.6 days	N/A
Gross Rental Yield Percent	6.73%	N/A

Demographics (Median Values)*

Total Population 44599

Weekly Household Income 1069

Household Size 2.40

Average 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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