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Lilyfield, NSW 2040

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 Lilyfield, NSW 2040 located in Sydney 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

3BR

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5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

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 “Lilyfield, NSW 2040”

  1. The total adult population (15 years or older) of Lilyfield 2040 NSW is 6,138, with a median age of 41. Of those, 43.65% are married, 12.17% are divorced or separated, 40.03% are single and 4.24% are widowed.

    The average household size is 2.5 people per dwelling, and the median household monthly income is estimated to be $15,892. The median monthly mortgage repayment for households in this suburb is $3,600 which is 22.65% of their earnings.

    Source: ABS Census Data (2021)

  2. Nestled in the heart of New South Wales, the suburb of Lilyfield 2040, comprises an estimated 3,623 households. This vibrant neighbourhood, known for its charm, lifestyle and convenient location, offers a unique blend of features that have been attracting a diverse mix of investors and residents alike.

    As we delve deeper into the third quarter of 2023, the typical house price in Lilyfield 2040 stands at a significant $2,206,706, while the median weekly rent comes in at $1016. From these figures, we derive an indicative yield of 2.39%, which, although below the more desirable 3%, still presents a revenue stream for cashflow-focused investors.

    Lilyfield scores an impressive 1132 out of 1217 on the socio-economic Index of Relative Socio-economic Advantage and Disadvantage (IRSAD), indicating a financially healthy and prosperous community with a well above-average access to both financial and social resources.

    Examining the housing situation in Lilyfield, we see that it’s predominantly owner-occupied, with a renter to owner ratio of 36%, suggesting a balanced market, not oversaturated with rental properties. Moreover, the area’s units to houses ratio stands at a mere 12%. This is an important figure for investors to consider as it signifies less competition amongst landlords and the potential for higher rental yields.

    The housing affordability index for Lilyfield stands at 54 years, suggesting a decreased level of affordability. That said, an investment opportunity should not solely be determined by this metric, as long as the majority of the other indexes are favourable.

    From a supply perspective, the suburb demonstrates positive signs by having a stock on market Percentage of just 0.17%. This, coupled with an inventory level of 0.63 months, reveals an absorbing market with a low-supply condition, which could potentially be beneficial to homeowners and property investors as it could drive property prices up. The building approval ratio is modest at 0.55%, indicating a steady, controlled growth in the future housing supply.

    On the demand side, Lilyfield’s strong growth potential is reflected through key metrics. The average property listing spends a mere 14 days on the market, indicative of fervent demand. The area’s combined houses and units vacancy rate stands at 1.91%, representing near equilibrium in demand and supply. Equally, the buy search index is at the state average of 5, suggesting a typically level of buyer interest in the suburb.

    This picture of Lilyfield presents a compelling narrative for potential investors. As with any potential property endeavour, comprehensive knowledge about the market, continuous monitoring of data and careful consideration of all elements should guide your decision-⁠making process. For a more automated and detailed approach of real estate investing, buyers, sellers and investors might want to employ the use of tools like HtAG Analytics’ Relative Composite Score (RCS) metric which encapsulates over 80 different market metrics.

    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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