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North Lismore, NSW 2480

Home » NSW Real Estate Data » Lismore City Council, NSW » North 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 North 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 “North Lismore, NSW 2480”

  1. The total adult population (15 years or older) of North Lismore 2480 NSW is 617, with a median age of 42. Of those, 29.34% are married, 17.83% are divorced or separated, 47.81% are single and 4.21% are widowed.

    The average household size is 2.4 people per dwelling, and the median household monthly income is estimated to be $6,420. The median monthly mortgage repayment for households in this suburb is $1,300 which is 20.25% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in NSW, the suburb of North Lismore 2480 is home to an estimated 520 households. As we turn the page to Q3 of 2023, the typical house prices in this suburb stand at a significant $523,122. The charm of North Lismore is fostering a median weekly rent of $438 for houses which in turn grants an attractive indicative yield of approximately 4.4%. This yield comfortably surmounts the minimum market requirement of 3%, making it a viable space for cashflow-focused property investors.

    The suburb upholds an IRSAD score of 905 out of a possible 1217, signaling a relatively robust socio-economic environment. Its rental sphere is also notably healthy, given the renter to owner ratio is an appealing 24% comfortably below the risky benchmark of 30%.

    What stacks up considerably in favour of North Lismore 2480 is the units to houses ratio currently sitting at an absolute zero. This asserts that the market isn’t overrun with rentals, facilitating less competition among landlords for tenants, whilst upholding higher rental yields.

    However, the suburb’s affordability index does present a cautionary note, with the estimated duration to fully own a house pegged at solid 32 years. Although it marginally exceeds the standard 30-year mortgage assumption it could be indicative of decreased affordability.

    Stock on market figures paint a favourable picture, with a lower-than-average 0.19% suggesting a narrowed supply in the real estate market. This is further strengthened by the inventory level for houses at a scant 1.0 months, once again tilting the scale towards the lower supply end of the spectrum and thereby inviting investor attention. Meanwhile, the building approvals ratio for houses remains stagnant at 0.0%, making saturation in the housing market a non-issue.

    The average number of days houses spend on the market is moderately resting at 50 days. The higher vacancy rate of 3.97% may trigger a hint of concern by suggesting relatively lower demand. Moving to digital trends, the buy search index for houses sits at 3, which might seem subdued for its capacity to fuel demand.

    In summary, North Lismore 2480, armed with its inviting indicative yield, favorable renter to owner ratio, and encouraging supply metrics, merits consideration from property investors and buyers agents. However, it’s paramount to keep a diligent eye on the affordability index, vacancy rate, and buy search index, as their dynamic trends could ultimately sway investment outcomes. Wrapping up, it’s essential to highlight that the RCS metric by HtAG Analytics could significantly automate this research, factoring in over 80 metrics for a holistic analysis.

    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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