Lismore City Council, NSW

The City of Lismore is a local government area in New South Wales, Northern Rivers region. The area is prominent regional hub with a property market composed of a mix of rural and residential properties.

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The local economy is mainly based on agriculture, tourism and services. Agriculture is the main industry, with crops such as sugarcane, maize and vegetables being grown. Tourism is also important, with the region attracting visitors for its natural beauty and the many festivals and events that are held there.

The major employers in Lismore, NSW are the local government, health care providers, education institutions and retailers. Professionals account for 20.1 % of employment in Lismore, followed by technicians and trades workers at 13.0 %, clerical and administrative workers at 12.7 %, community and personal service workers at 12.6 %, and labourers at 12.4 %.In Lismore, the typical weekly personal income for residents aged 15 years and older is $550.

The average house in Lismore has three bedrooms, one bathroom, and is built on a block of land that is 540 square metres. In Lismore, 82.8 % of occupied private residences are detached houses, 9.5 % are semi-detached, row or terrace houses, townhouses, or other dwellings, 4.7 % are flats or apartments, and 2.4 % are other dwellings.

The Lismore property market is a good investment opportunity for those looking for a stable and secure investment. The market is expected to rebound in the coming years, so investors can expect to see healthy returns on their investment.

Discover the latest trends for house prices and rents in Lismore with the help of interactive dashboard on this page.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy 

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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This chart illustrates historical and projected quarterly typical price and number of sales, which are depicted as blue lines and green bars respectively. Council areas with average sales above 30/quarter and suburbs with sales above 7/quarter commonly produce high confidence forecasts.
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This chart shows historical and projected median rent and number of rentals, depicted as red lines and grey bars respectively. In many markets Rent prices lag the Typical Price by 1-2 years.
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This chart presents the gross rental yield, which is the value you generate from an investment property, represented as a percentage. The higher the percentage the better. Yield that is trending down frequently highlights a high demand market.
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Yield chart
This graph represents the dwelling demand profile for the LGA/suburb, which tends to correlate with the tenant preference for property type and number of bedrooms. Target dwelling type and number of bedrooms with the highest number of sales.
Upgrade to Starter Plan to see Demand Profile data.
Demand chart
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The chart below shows the proportion of units to houses in this area. Generally speaking the fewer units there are, the better.
unit to houses pie charts
The pie chart below shows the percentage of renters to owners in an area. Generally speaking the more owners the better.
Renters to owners pie chart
The chart below shows the IRSAD score for the area. IRSAD stands for the Index of Relative Advantage and Disadvantage. The higher the index, the more well off the population is in the area.
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IRSAD chart
This graph shows online search interest for sale and rent listings. The black line(s) represents the search index, which is the ratio of LGA/suburb searches to the state average. Value of 5 signifies that Buy/Rent searches are at state average. Be wary of areas with SI below 3.
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Index chart
This chart plots the annual percent change in typical prices for all suburbs in this LGA. Suburbs that cross the red (zero) line more than 3 times present poor capital growth opportunities.
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GRC chart

Confidence: High, Medium, Low

Supply

Stock on Market

Inventory

Hold Period

The most important metric for understanding the supply of homes in a given market. Stock on Market (SoM) is represented by bars which show the number of listings per month, and by a line which indicates the percentage of listed homes compared to the total number of dwellings in the area (SoM Percentage). A higher stock on market indicates a greater supply of properties.
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SOM chart
Inventory levels indicate the amount of stock available in relation to average monthly sales. Inventory levels above 3 months indicate a sizeable amount of stock available, while lower levels indicate diminishing supply. Decreasing inventory level trend can signal that prices may increase in the future.
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Inventory chart
Average number of years properties are re-sold in the area. The higher the value, the lower is the supply in the property market. Changing trend can act as a lead indicator to price increases / decreases.
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

The Days on Market metric shows how long, on average, it takes for listed properties to be sold. A higher number of days means that there is less demand for properties. Measured in days.
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DOM chart
Monthly vacancies (bar) and Vacancy Rates (line) in the area. Vacancy rates serve as a rental market demand indicator. Lower vacancy rates point to greater demand in the rental market. Decreasing vacancy rates can act as a lead indicator to both rental and sale price increases.
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Auction clearance rates in the area. The higher the clearance rate, the greater is the demand in the market. This metric is most useful at LGA level. Some high density suburbs with active markets can also have good quality clearance rate data. However, this metric is somewhat sparse for 80% of suburbs.
Upgrade to Professional Plan to see Clearance Rate trend.
Auction chart

All Supply / Demand cards and graphs on this page are published under a preliminary Beta release.
You’re welcome to leave your feedback on our forum.

Property Market in Lismore City Council, NSW

What other property markets are there near Lismore City Council, NSW?

Lismore City Council is surrounded by 5 other council areas – Kyogle, Tweed, Richmond Valley, Byron, Ballina.

Suburbs/localities in this Local Government Area: Corndale 2480, Dorroughby 2480, Dungarubba 2480, Dunoon 2480, East Lismore 2480, Eltham 2480, Fernside 2480, Georgica 2480, Girards Hill 2480, Goolmangar 2480, Goonellabah 2480, Green Forest 2471, Howards Grass 2480, Jiggi 2480, Keerrong 2480, Kilgin 2472, Koonorigan 2480, Lagoon Grass 2480, Leycester 2480, Lindendale 2480, Lismore 2480, Lismore Heights 2480, Loftville 2480, Modanville 2480, Monaltrie 2480, Mountain Top 2480, Nightcap 2480, Nimbin 2480, North Lismore 2480, North Woodburn 2471, Numulgi 2480, Bexhill 2480, Repentance Creek 2480, Richmond Hill 2480, Rock Valley 2480, Rosebank 2480, Ruthven 2480, South Gundurimba 2480, South Lismore 2480, Terania Creek 2480, The Channon 2480, Tregeagle 2480, Tucki Tucki 2480, Tuckurimba 2480, Tullera 2480, Tuncester 2480, Tuntable Creek 2480, Blakebrook 2480, Blue Knob 2480, Boat Harbour 2480, Whian Whian 2480, Woodlawn 2480, Wyrallah 2480, Booerie Creek 2480, Buckendoon 2472, Bungabbee 2480, Caniaba 2480, Chilcotts Grass 2480, Clunes 2480, Coffee Camp 2480

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