Lithgow is a smaller suburb in New South Wales within the Lithgow local government area (postcode 2790). With a population of 4,956, the suburb has a mature demographic with a median age of 49. Households earn a median income of $53K per year, with an average household size of 2 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Lithgow is $470,000, having dropped significantly 13% over the past year. Units have a median price of $379,000 (-16.7% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,326.
Lithgow is served by 6 schools, including 4 primary, 2 secondary. The average ICSEA score is 942, which is below the national average of 1,000. Public transport access includes 3 rail stations, 81 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Lithgow offers a gross rental yield of 5.0%, rated as moderate yield. Property prices sit below the state median ($470K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.9x is considered moderate. House prices have moved -13.0% year-on-year.
Lithgow is a smaller suburb in New South Wales within the Lithgow local government area (postcode 2790). With a population of 4,956, the suburb has a mature demographic with a median age of 49. Households earn a median income of $53K per year, with an average household size of 2 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Lithgow is $470,000, having dropped significantly 13% over the past year. Units have a median price of $379,000 (-16.7% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 5.0%. The median monthly mortgage repayment is $1,326.
Lithgow is served by 6 schools, including 4 primary, 2 secondary. The average ICSEA score is 942, which is below the national average of 1,000. Public transport access includes 3 rail stations, 81 bus stops. The crime rate in the Lithgow LGA is moderate at 4,769 incidents per 100,000 population.
From an investment perspective, Lithgow offers a gross rental yield of 5.0%, rated as moderate yield. Property prices sit below the state median ($470K/$1.5M), suggesting a potential value opportunity. The price-to-income ratio of 8.9x is considered moderate. House prices have moved -13.0% year-on-year.