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Lismore Heights, NSW 2480

Home » NSW Real Estate Data » Lismore City Council, NSW » Lismore Heights, 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 Lismore Heights, 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.

Buy 

2BR

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Rent 

2BR

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Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

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Yield 

1BR

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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 “Lismore Heights, NSW 2480”

  1. The total adult population (15 years or older) of Lismore Heights 2480 NSW is 1,778, with a median age of 43. Of those, 35.43% are married, 17.44% are divorced or separated, 42.18% are single and 5.23% are widowed.

    The average household size is 2.2 people per dwelling, and the median household monthly income is estimated to be $7,008. The median monthly mortgage repayment for households in this suburb is $1,404 which is 20.03% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in the state of NSW, LISMORE HEIGHTS 2480 is a suburb that harbours approximately 1,070 households. Real estate statistics of Q3, 2023 revels that the typical house prices in LISMORE HEIGHTS 2480 stand at an average of $586,631 along with a median weekly rent of $551. This figures generate an indicative yield of 4.88%, ranking it attractive for investors eyeing cashflow-centered investments.

    In terms of socio-economic factors, the IRSAD score of LISMORE HEIGHTS is 955 out of 1,217 which signifies a fairly decent socio-economic status with reasonable access to economic resources. The renter to owner ratio in the area is calculated at 31%, just slightly exceeding the most attractive benchmark. Therefore, this suburb should present modest return over the long term, though investors should consider potential competition from other rental properties.

    The units to houses ratio in LISMORE HEIGHTS is a mere 17%, indicating a clear dominance of houses over units in the market, often an attractive feature for families seeking longer tenancy periods. This lower proportion also mitigates risks associated with oversupply of units, and the potential of price drops in less favourable markets.

    Affordability, however, is slightly challenging in this suburb, with the affordability index revealing that it would take approximately 33 years to fully own a home in LISMORE HEIGHTS, slightly above the standard 30 years term, placing it in the less favourable category.

    Supply metrics seem impressive, with the stock on market Percentage for houses recorded at 0.4%, a favorable low supply indicator, and inventory levels at 2.0 months, revealing a balanced market scenario. The BA ratio is remarkably low at 0.0%, pointing to a low supply condition.

    While the long Average days on market for houses, standing at 234, indicates a lower demand, the vacancy rate at 3.05% positions demand as being relatively neutral. The suburb’s buy search index of 4 categorises it as average when it comes to property demand.

    The general real estate sentiment in LISMORE HEIGHTS 2480, in spite of few less favourable indicators such as the slightly stretched affordability index and longer Days on Market, appears to be largely encouraging, riding on the back of favourable supply circumstances and a strong skew towards houses. Additionally, the HtAG Analytics’ Relative Composite Score can be referred for a more comprehensive overview of the property market situation in LISMORE HEIGHTS, optimizing the investment decision-making process.

    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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