Lismore

Lismore, VIC 3324, is a small suburb with a population of 472 residents. The age demographic is varied, with a significant number of residents falling in the 45 to 64 years and 65 years or over categories. The suburb offers a mix of occupations, with a notable presence of managers, professionals, and technicians and tradesworkers. Commuting patterns indicate a preference for motor vehicles, while a considerable percentage also works from home. Lismore presents an opportunity for property investors interested in houses. With a median house price below the neighbouring suburbs and a high yield median, it may attract those seeking rental income. The sale price quartile ratios suggest potential for renovation projects. The vacancy rate is low, indicating strong demand. Despite recent negative median growth trends, the suburb has shown positive growth over the long term. Lismore, VIC 3324, offers a quiet lifestyle with a diverse demographic and favourable investment opportunities. While recent growth trends may raise concerns, the suburb's potential for renovation projects and rental yield make it an attractive option for property investors interested in houses. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022