Lansvale is a smaller suburb in New South Wales within the Fairfield local government area (postcode 2166). With a population of 2,595, the suburb has an established demographic with a median age of 40. Households earn a median income of $79K per year, with an average household size of 3.1 people. The most common occupations are professionals, machinery operators & drivers, clerical & administrative. The top ancestries reported are Vietnamese, Australian, Chinese.
The median house price in Lansvale is $1.3 million, having surged 14% over the past year. Units have a median price of $1.6 million (-13.6% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,000.
Public transport access includes 2 ferry wharfves, 25 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Lansvale offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 16.9x is considered stretched. House prices have moved +14.0% year-on-year.
Lansvale is a smaller suburb in New South Wales within the Fairfield local government area (postcode 2166). With a population of 2,595, the suburb has an established demographic with a median age of 40. Households earn a median income of $79K per year, with an average household size of 3.1 people. The most common occupations are professionals, machinery operators & drivers, clerical & administrative. The top ancestries reported are Vietnamese, Australian, Chinese.
The median house price in Lansvale is $1.3 million, having surged 14% over the past year. Units have a median price of $1.6 million (-13.6% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,000.
Public transport access includes 2 ferry wharfves, 25 bus stops. The crime rate in the Fairfield LGA is below average at 2,226 incidents per 100,000 population.
From an investment perspective, Lansvale offers a gross rental yield of 1.9%, rated as low yield. Property prices are near the state median ($1.3M/$1.5M). The price-to-income ratio of 16.9x is considered stretched. House prices have moved +14.0% year-on-year.