South Lismore, nestled close to Lismore's central business district in the Northern Rivers region of New South Wales, offers a blend of affordability and growth potential. This suburb appeals to first-home buyers, investors, and families seeking a community-oriented lifestyle with convenient access to urban amenities.
Real Estate Market Overview
As of mid-2025, South Lismore's property market presents an attractive proposition for both homeowners and investors. The median house price is approximately $325,000, reflecting an 18.2% increase over the past year. This growth may have been impacted by the NSW Governments Buy Backs following the 2022 floods. Rental properties command a median weekly rent of $492, yielding a gross rental return of 6.9%, positioning South Lismore among the top suburbs in New South Wales for rental yields. realestate.com.au
The suburb's real estate landscape is characterized by a mix of traditional homes and renovated developments, offering a variety of options for potential buyers and tenants.
Demographics and Community Profile
According to the 2021 Census, South Lismore has a population of 1,440 residents, with a median age of 39 years. The community is diverse, with 24.5% married, 17.1% divorced or separated, 53.3% single, and 5.4% widowed. The suburb's socioeconomic status is modest, with a diverse mix of occupations and income levels contributing to a vibrant community fabric.
Lifestyle and Amenities
South Lismore offers a range of amenities that enhance the quality of life for its residents. The suburb is home to a Public School, parks, and recreational facilities. Its proximity to Lismore ensures access to healthcare services, shopping centers, and cultural attractions. The combination of urban conveniences and a relaxed lifestyle makes South Lismore an ideal location for various demographics.
Investment Considerations
For investors, South Lismore presents a compelling opportunity. The suburb's consistent capital growth, coupled with strong rental yields, indicates a resilient property market. The demand for rental properties remains high.
While South Lismore presents promising opportunities, potential buyers should remain conscious of the suburb's history with natural disasters and the implications for insurance and property values.
As with any investment or purchase, conducting thorough due diligence and consulting with local real estate experts is advisable to make informed decisions.