Lilyfield is a mid-sized suburb in New South Wales within the Inner West local government area (postcode 2040). With a population of 7,641, the suburb has an established demographic with a median age of 41. Households earn a median income of $149K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Lilyfield is $3.0 million, having surged 18% over the past year. Units have a median price of $1.3 million (-5.5% YoY). The current median weekly rent is $845. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $3,600.
Public transport access includes 2 tram stops, 14 bus stops. The crime rate in the Inner West LGA is below average at 2,844 incidents per 100,000 population.
From an investment perspective, Lilyfield offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($3.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.8x is considered stretched. House prices have moved +18.0% year-on-year.
Lilyfield is a mid-sized suburb in New South Wales within the Inner West local government area (postcode 2040). With a population of 7,641, the suburb has an established demographic with a median age of 41. Households earn a median income of $149K per year, with an average household size of 2.5 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Lilyfield is $3.0 million, having surged 18% over the past year. Units have a median price of $1.3 million (-5.5% YoY). The current median weekly rent is $845. This gives a gross rental yield of approximately 1.5%. The median monthly mortgage repayment is $3,600.
Public transport access includes 2 tram stops, 14 bus stops. The crime rate in the Inner West LGA is below average at 2,844 incidents per 100,000 population.
From an investment perspective, Lilyfield offers a gross rental yield of 1.5%, rated as low yield. Property prices are above the state median ($3.0M/$1.5M), placing it in the premium segment. The price-to-income ratio of 19.8x is considered stretched. House prices have moved +18.0% year-on-year.