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East Lismore, NSW 2480

Home » NSW Real Estate Data » Lismore City Council, NSW » East Lismore, NSW 2480

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for East Lismore, NSW 2480 to help you make an informed decision about your property choice in this suburb.





Market Snapshot

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

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Rent 

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Yield 

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Buy 

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Rent 

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Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “East Lismore, NSW 2480”

  1. The total adult population (15 years or older) of East Lismore 2480 NSW is 4,143, with a median age of 39. Of those, 31.60% are married, 16.39% are divorced or separated, 45.64% are single and 6.30% are widowed.

    The average household size is 2.3 people per dwelling, and the median household monthly income is estimated to be $6,868. The median monthly mortgage repayment for households in this suburb is $1,430 which is 20.82% of their earnings.

    Source: ABS Census Data (2021)

  2. The suburb of East Lismore, post code 2480, resides in the state of New South Wales and is home to an approximate total of 2,472 households. As we move forward into the third quarter of 2023, the typical price for houses in East Lismore holds at $480,896. This comes paired with a median weekly rent of $528, cumulatively leading to an indicative yield of an impressive 5.71%.

    The socio-economic environment of East Lismore, according to the IRSAD score, attracts a rating of 915 out of a possible 1217. This showcases a reasonably well-off socio-economic status within the area. The renter to owner ratio sits at 38%, indicating a balanced market with a good mix of owner-occupiers and investors. The units to houses ratio, on the other hand, is impressively low at 8%, suggesting that the area holds significant appeal for families, likely to maintain longer tenancies and contributing to a more stable rental yield.

    The affordability index computes to a reasonable 27 years, painting East Lismore as a rather affordable suburb in terms of home ownership. This balance of affordability and return makes the suburb an inviting prospect for property investors keen on both capital gains and cashflow potential.

    In terms of supply, the stock on market Percentage is at a comfortable 0.68%, indicating a moderate level of competition in the property market. Coupled with an inventory level of 2.23 months, it demonstrates a reasonably steady turnover of properties, though slightly verging towards a seller’s market. Additionally, the building approvals ratio for houses stands at 0.0%, further indicating the limited supply of new houses in the market in near future.

    As for demand, the days on market value stands at a swift 19 days, subtly illustrating that houses in East Lismore are in high demand. The vacancy rate for combined houses and units is also appealingly low at 1.91%, highlighting a vibrant property market with relatively low competition for landlords. The buy search index for houses stands at a moderate figure of 4, demonstrating a decent level of interest from potential property buyers.

    In a nutshell, East Lismore’s property market in Q3 2023 suggests a significant potential for returns, bolstered by the appropriate balance of supply and demand, good affordability and socio-economic conditions for house investors. As a property investor, it’s crucial to keep an eye on the ongoing market trends in such promising areas. However, remember that it’s perfectly acceptable for some metrics to fall into unfavourable ranges as long as the majority of other indicators remain favourable. For an automated research tool, consider using the RCS metric developed by HtAG Analytics that takes into account over 80 different variables.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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