Lalor Park is a mid-sized suburb in New South Wales within the Blacktown local government area (postcode 2147). With a population of 7,834, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $76K per year, with an average household size of 2.6 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Lalor Park is $1.2 million, having surged 11.9% over the past year. Units have a median price of $990,000 (-3.1% YoY). The current median weekly rent is $615. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,041.
Lalor Park is served by 2 schools, including 2 primary. The average ICSEA score is 976, which is around the national average of 1,000. Public transport access includes 47 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Lalor Park offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 16.1x is considered stretched. House prices have moved +11.9% year-on-year.
Lalor Park is a mid-sized suburb in New South Wales within the Blacktown local government area (postcode 2147). With a population of 7,834, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $76K per year, with an average household size of 2.6 people. The most common occupations are professionals, clerical & administrative, technicians & trades. The top ancestries reported are Australian, English, Irish.
The median house price in Lalor Park is $1.2 million, having surged 11.9% over the past year. Units have a median price of $990,000 (-3.1% YoY). The current median weekly rent is $615. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,041.
Lalor Park is served by 2 schools, including 2 primary. The average ICSEA score is 976, which is around the national average of 1,000. Public transport access includes 47 bus stops. The crime rate in the Blacktown LGA is below average at 3,212 incidents per 100,000 population.
From an investment perspective, Lalor Park offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.2M/$1.5M). The price-to-income ratio of 16.1x is considered stretched. House prices have moved +11.9% year-on-year.