Lakesland is a quiet locality in New South Wales within the Wollondilly local government area (postcode 2572). With a population of 499, the suburb has an established demographic with a median age of 41. Households earn a median income of $128K per year, with an average household size of 3.3 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Lakesland is $2.0 million, having dropped significantly 8.6% over the past year. The current median weekly rent is $605. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,648.
Public transport access includes 21 bus stops. The crime rate in the Wollondilly LGA is low at 1,550 incidents per 100,000 population.
From an investment perspective, Lakesland offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.7x is considered stretched. House prices have moved -8.6% year-on-year.
Lakesland is a quiet locality in New South Wales within the Wollondilly local government area (postcode 2572). With a population of 499, the suburb has an established demographic with a median age of 41. Households earn a median income of $128K per year, with an average household size of 3.3 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Lakesland is $2.0 million, having dropped significantly 8.6% over the past year. The current median weekly rent is $605. This gives a gross rental yield of approximately 1.6%. The median monthly mortgage repayment is $2,648.
Public transport access includes 21 bus stops. The crime rate in the Wollondilly LGA is low at 1,550 incidents per 100,000 population.
From an investment perspective, Lakesland offers a gross rental yield of 1.6%, rated as low yield. Property prices are above the state median ($2.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 15.7x is considered stretched. House prices have moved -8.6% year-on-year.